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Hedge Fund Agreements Line by Line provides a user's guide to LLC operating contracts, as well as guidance regarding the venture process for hedge funds. This second edition has been rewritten to address issues facing hedge funds in the current market environment and takes into account the lessons learned from the market meltdown of 2008 to early 2009. You will find swift, yet informative, information on all legal aspects of forming and operating this investment vehicle.
The author has included commentary on the Model Operating Agreement of the ABC Fund, LLC.