Hedge Funds

MinterEllison’s specialised investment funds team, comprising some of Asia Pacific’s leading legal advisers, provides innovative and commercially astute solutions for local and global fund managers and hedge fund managers.

We advise on innovative and tax effective hedge funds across all asset classes and help develop strategies for local and global markets. Our expertise includes performance fee structuring (for example, series accounting/equalisation), offshore fund vehicles and investment due diligence.

We also have a strong practice advising counterparties to complex derivative products referencing a variety of asset classes and advising on prime brokerage arrangements.

17 October 2013

The Australian Securities and Investments Commission (ASIC) has released class order relief for AQUA market exchange traded funds (ETFs) as proposed and described in its consultation paper (CP196) released in December 2012.

10 October 2013

The new 'hedge fund' definition as set out in ASIC's Class Order 12/749 (as amended from 3 October 2013) is set out below together with some comments in relation to the changes.

10 October 2013

In a move that will be welcomed by the managed funds industry, the Australian Securities and Investments Commission (ASIC) has narrowed the definition of 'hedge fund' in Class Order 12/749 with effect from 3 October 2013. ASIC has also amended and re-issued Regulatory Guide 240 – Hedge Funds: Improving Disclosure (RG 240) to reflect the changed definition.