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Does a hedge fund manager need to be a registered investment advisor?

April 26, 2017advisor fund hedge Investment manager registered

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Does a hedge fund manager need to be a registered investment advisor?

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Generally it will depend on the hedge fund manager’s state of residence. It may also depend on whether the fund exceeds the 25% ERISA threshold. For more information, please see: Overview of Investment Advisors, Hedge Funds and ERISA.