Why do I need a Fund Lawyer?
A fund attorney or lawyer (or Fund Consultant) will be needed to write your offering memo and handle other related legal matters that come when you start a hedge fund. After all the legal documents are filed, the role of your fund attorney or lawyer will lessen but the Fund Consultant will continue to be of value. Despite this, it’s very important to choose an attorney or consultant who is experienced and understands your goals, expectations and budget from the start.
It’s crucial to consider the expectations of your investors and the structure of your fund. If your fund requires a special strategy, you will need a firm or consultant that understands those strategies. For example if you’re looking to start a fund in the Cayman Islands, your best option might be a consultant that specializes in that jurisdiction. The key is to make sure you choose a firm or consultant that fits your needs.