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HFMWEEK S P E C I A L R E P O R T HOW TO START A HEDGE FUND IN THE EU 2012 DISTRIBUTED WITH HFMWEEK LEGAL ISSUES Advice for start-ups in the EU RECRUITMENT Making the right hires at the right time CONSULTANCY Maintaining investor confidence FEATURING Dechert // Dillon Eustace // KB Associates // One Ten Associates // Point Nine // Quant // Zammit & Associates Advocates ´7RSSLQJWKH6XSHU/HDJXHLV`HFKHUW7KH EUHDGWKRILWVUHFRPPHQGDWLRQVDFURVVWKH NH\PDUNHWVRIWKH86(XURSHDQG$VLD FHPHQWVLWVSRVLWLRQDWWKHWRSµ 3/&,QYHVWPHQW)XQGV6XSHU/HDJXH 2QHRIWKUHHILUPVLQEDQGIRULQYHVWPHQW IXQGVKHGJHIXQGV´`HFKHUWKDVRQHRIWKH PRVWKLJKO\UHJDUGHGKHGJHIXQGSUDFWLFHVLQ WKHZRUOGµ &KDPEHUV*OREDO ´5HFRPPHQGHGIRULQYHVWPHQWIXQGVDQG DVVHWPDQDJHPHQW`HFKHUW·VSUDFWLFHLVHYHQ PRUHHVWDEOLVKHGZLWKODVW\HDU·VQHZKLUHV DQGLVNQRZQIRULWVLQQRYDWLYHZRUNµ -89( `HFKHUWKDVKHGJHIXQGZRUN´GRZQWRD ILQHDUWµ &KDPEHUV8. )RUPRUHLQIRUPDWLRQSOHDVHFRQWDFW *XV%ODFN/RQGRQ JXVEODFN#GHFKHUWFRP `HFODQ2·6XOOLYDQ`XEOLQ GHFODQRVXOOLYDQ#GHFKHUWFRP $FKLP3W])UDQNIXUW DFKLPSXHW]#GHFKHUWFRP 0DUF6HLPHW]/X[HPERXUJ PDUFVHLPHW]#GHFKHUWFRP $/7(51$7,9(,19(670(17)81`6 -XULVGLFWLRQQHXWUDO `HFKHUWKDVWKHRQO\PDMRULQWHUQDWLRQDO IXQGVSUDFWLFHHVWDEOLVKHGLQDOORIWKH(8·V OHDGLQJIXQGFHQWUHV³`XEOLQ)UDQNIXUW /RQGRQ/X[HPERXUJ0XQLFKDQG3DULV ³DVZHOODVHOVHZKHUHWKURXJKRXW (XURSHWKH8QLWHG6WDWHVDQG$VLD GHFKHUWFRP $XVWLQ‡%HLMLQJ‡%RVWRQ‡%UXVVHOV‡&KDUORWWH‡`XEOLQ‡)UDQNIXUW‡+DUWIRUG‡+RQJ.RQJ‡/RQGRQ‡/RV$QJHOHV‡/X[HPERXUJ 0RVFRZ‡0XQLFK‡1HZ nguon tai.lieu . vn