A successful financial professional with a wealth of experience in the investments sector, Stewart Strawbridge is the founder of Selkirk Partners. As an organizational leader with the investment advisory firm, Stewart Strawbridge plays an integral role in all investment activity and frequently allocates capital to hedge funds.
Many hedge funds operate as two-tiered organizations, divided into a general partnership and a limited partnership. Limited partners assume liability only for the amount they paid in, while the general partner has responsibility for the overall operations of the fund. The general partnership often takes on the structure of a limited liability company, or LLC, a common type of flow-through tax entity that limits the liability of investors. Managers of the LLC must conduct the hedge fund as a business and manage all aspects of the fund’s administration. Although hedge funds can have many general partners and limited partners in the same organization, the U.S. Securities and Exchange Commission limits investors to 99 to ensure exclusion from SEC registration.
Many hedge funds operate as two-tiered organizations, divided into a general partnership and a limited partnership. Limited partners assume liability only for the amount they paid in, while the general partner has responsibility for the overall operations of the fund. The general partnership often takes on the structure of a limited liability company, or LLC, a common type of flow-through tax entity that limits the liability of investors. Managers of the LLC must conduct the hedge fund as a business and manage all aspects of the fund’s administration. Although hedge funds can have many general partners and limited partners in the same organization, the U.S. Securities and Exchange Commission limits investors to 99 to ensure exclusion from SEC registration.
