This course offers an overview of Hedge fund structures, and Income allocation to Fund’s Investors, and Hedge fund Fees. We will touch upon basic concepts of type of funds, investors, share classes, capital activities, fees structures and step by step approach to process Economic Distribution of Income. We will then discuss some nuanced concepts of Investors Income allocation and fees structures

Learning Objectives
• Explore the definition and broad structure of a Hedge Fund as an investment vehicle.
• Recognize common types of Hedge Funds.
• Explore concept of ECDI and steps involved in Income allocation
• Recognize the impact of capital activities on ownership percentages.
• Recognize concept of side pocket investments.
• Recognize advanced concepts of performance and management fees
• Recognize concept of Side letters, differential treatment of investors

Topics
• Hedge Fund Structures
• Management Fees
• Performance Fees
• Hurdle – Soft and Hard
• Highwater Mark
• Hurdle and Highwater Mark
• Tiered Incentive Fees
• Index Based Fees
• Claw back and Catch up
• Modified Incentive Fees
• Performance Return Calculation
• Side letter
• Side pocket
• Share Class and Series
• Capital Activities
• Ownership Percentage
• Income allocation process
• New Issue Income allocation
• Special Allocation

To complete this course participants need to: Watch the Video provided and successfully complete the qualified assessment with a minimum of 70% accuracy to receive your certificate.

Upon course completion a course evaluation form is provided for your feedback.

Participants have 1 year from the date of purchase/enrollment to complete this course

CPE Prime is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org

Our Refund Policy can be found at: https://cpeprime.com/cancellation-and-refund/

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