Over the past several years, the financial statement disclosures requirement for Funds that invest and trade in derivatives has increased significantly. In the quest for more transparency by regulators and investors, the reporting requirements have become more detailed, more complex and definitely more time consuming for financial statement preparers and reviewers.
Researchers predict that the Andromeda Galaxy will collide with our very own Milky Way Galaxy in approximately four Billion years. When that happens, life on Earth will be eliminated for certain. “So what”, you say with a smile. Well, time sneaks up on all of us and as 2013 becomes only a memory, investment managers and investors will face a tax collision of galactic proportions on their 2013 income tax returns.
On September 23, 2013 a key provision of the JOBS Act was finally approved by the SEC and for the first time it allowed hedge funds to market themselves directly to accredited investors. In theory, this is a great opportunity for these money managers to better communicate with the public and, to some extent, remove the "black box" cloud that lies above the hedge fund industry.
Marcum's highly-respected team of professionals can help you meet the challenges of starting or managing your fund. Our thought leaders are recognized experts, frequent speakers at industry conferences and often quoted in trade publications.
In today’s environment of increased regulation and changing rules, Marcum LLP's Alternative Investment Group stays on the cutting edge of relevant policies, practices and procedures.
Our expertise includes auditing, financial reporting, accounting services, tax planning, tax return preparation and consulting. We service domestic and offshore hedge funds, private equity funds, funds of funds and real estate investment funds. In addition to the more traditional long/short equity funds, Marcum's Alternative Investment Group has in-depth knowledge of complex entities with hard to value investments such as PIPE funds, life settlement funds, ABL funds and credit strategies. We also provide services to management companies, general partners and their principals.
We remain committed to offering our clients the highest level of personal service available. The responsiveness and accessibility that Marcum's team offers is unmatched by our competitors.