Seward & Kissel 2016/17 Hedge Fund Side Letter Study

Study shows sharp increase in deals with newer managers

LEAD AUTHOR – STEVE NADEL, PARTNER, SEWARD & KISSEL

Driven by our ongoing commitment to understanding the dynamics of the hedge fund marketplace and bringing the latest industry color to our clients and friends, each year Seward & Kissel conducts various studies of the most important trends we are seeing impacting the hedge fund community. This year, for the second year in a row, we have conducted a study covering side letters negotiated by our hedge fund manager clients during the period July 1, 2016 through June 30, 2017 (the “Study”).

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