Hedge Funds
Hedge funds are private investment limited partnerships that invest in a variety of securities. Since 1949, when the first hedge fund was established, investment strategies and securities instruments have become increasingly complex.
Our investment company client base is comprised hedge funds, endowment/trust funds broker/dealers and financial institutions. This client base has given us experience with many complex investment company issues such as investments in directional and non-directional hedge funds, distressed debt, mezzanine loans, bridge loans, investments in nonmarketable investments such as PIPEs, funds-of-funds structures, and the use of hedging, derivatives, and swaps. Weaver also has in-depth experience with investments in alternative investments, as defined by the 2006 Technical Practice Aid, Alternative Investments – Audit Considerations issued by the AICPA. In addition, the firm has experience with hedge funds with complex capital structures such as master-feeder funds, multi-class funds and fund-of-funds.
Timing and Experience
Timing and experience are essential ingredients for a successful engagement. Hedge fund investors want to know results shortly after year-end. Weaver's local presence ensures we can staff the engagement to meet your timing requirements. Hedge funds are complex and may invest in complex financial instruments.
Weaver provides multiple services to hedge funds, including:
- Audit
- Tax
- Record keeping services to investment partnerships
Services are provided to start-up and established investment partnerships, including fund of funds and multi-manager funds, hub and spoke and master/feeder funds and offshore funds.
Our team offers: - 60 years industry experience
- Diverse investment strategies
- Start-ups to mature funds
- Record keeping services
We can accommodate audits of investment funds which require an offshore sign off such as those funds
domiciled in the Cayman Islands.