Hedge Funds: Managing legal risk amidst market turmoil
30 October 2008
Mayer Brown Newsletter
30 October 2008 - Hedge funds and their managers are struggling to cope with a ‘tsunami’ of redemption requests, coinciding with poor investment liquidity. On top of this, certain funds have been impacted by the business dislocation caused by Lehman’s collapse, the ban on short selling, and a more risk averse approach by prime brokers.