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Corporate

Jul. 10, 2014

Regulation, investor demands spur hedge funds' need for legal services

Squeezed between heightened regulatory scrutiny and investor-driven demands for more due diligence and accountability, hedge funds and other money managers continue to ramp up demand for attorneys.


By Dominic Fracassa


Daily Journal Staff Writer


After spending decades operating largely on the fringes of the financial world, much has changed for the hedge fund industry. Squeezed between heightened regulatory scrutiny and investor-driven demands for more fastidious due diligence and accountability - and as their market influence broadens - hedge fund and other money managers have ramped up demand for comprehensive and specialized legal services.

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