1. What is the definition of finance? Why do lawyers need to know finance? How does
law affect finance from both an investment and legal perspective?
2- ‘5 Performance the best way to judge the quality of a fund? Please explain yes er nofand
if You do not think so please provide another framework(s) for judging the quality 0 a
fund.
3. What is the definition of a hedge fund? What are the major sub categories? How are
the sub categories the same/different in terms of returns, investment styles.
compensation of management, time horizon, structure, management stY‘e em?
4. What is the definition of private equity? What are the major sub cateSOTiQS? HOW 8’9
the sub categories the same/different in terms of returns, investment stY’eS:
compensation of management, time horizon, structure, management stV‘e em?
5. Describe the structure and organization of private funds (i.e. limited partnership,
onshore vs offshore fund, offering memorandum etc.) and the reasons for various
structures/documents?
6. What are the major regulatory Acts affecting private funds? What are the major
exemptions for private funds from those regulatory Acts? How would falling under each
of the regulatory Acts affect the private funds (i.e. in terms of investments, process, size
etc.)? What are the major penalties for violating any of the respective regulatory Acts?
7. How do the major regulatory Acts limit/enable private funds compared to their public
counterparts in terms of investment styles, fundraising, flexibility etc? Please be specific
to the regulatory Act as well as the type of public/ private fund.
8. What does the future hold for the private fund universe in a legal context and
Javestment context?