In a recent article published in The Hedge Fund Journal, London-based partner William Yonge and Tokyo-based partner Christopher Wells of Morgan Lewis’s investment management practice review marketing restrictions in two major markets that hedge fund managers often visit in search of capital for their strategies: the UK and Japan.
These markets comprehensively regulate the activity of approaching institutional and other professional investors to solicit investment in hedge funds. William and Christopher first review the basic regulatory framework that governs solicitation activities in each jurisdiction before addressing pragmatically relevant exemptions.