PKF O’Connor Davies has published “From Hedge Fund to Family Office: Making the Right Choices for Your Investment Business and Family,” a new guide to converting hedge funds to family offices written by by Partner Alan S Kufeld (pictured).
The new guide explores the intricacies of the conversion and and discusses how investment managers can leverage their expertise to properly structure their new business. The giude is available on the Insights section of the PKF O’Connor Davies website.
“Converting to a family office is a trend that we have been monitoring for some time. Increased regulation and inconsistent market performance has led to the growing numbers,” says Kufeld. “There are key considerations – which have traditionally been under the radar – which managers should consider. This article brings those considerations to the forefront so that investment leaders can be primed and prepared to make the right decision for their business.”
Kufeld’s piece identifies a number of key points that hedge fund managers should consider and evaluate before making any big decisions. Those considerations start at the foundation with operational structure. Managers need to decide if they want a single-, multi- or hybrid family office structure because each carry different advantages and challenges. In the article, he also covers: Timing; Liquidation; Management and leadership teams; Risk and compliance; Tax planning; Governance; and Other services/functions.
