Managers looking for proactive, hands-on compliance and operational support are best suited for our high-level support services. Our team will work with you on a regular basis to handle many of your weekly, monthly, quarterly and annual compliance responsibilities. Our goal is to support the CCO and allow them to focus more time on their other responsibilities.

The scope of the engagement will be determined in collaboration with each client, but may include:

• Daily / Weekly Tasks:
  • Review of incoming pre-clearance requests and other employee filings
  • Reminder inquiries regarding portfolio filings (13D and 13G) and preparation of filings
  • Assistance on Form SH filings (if applicable)
  • Serve as a general compliance resource for the CCO and the firm
• Monthly Tasks
  • Circulate monthly compliance reminders
  • On-site time to review specified issues with CCO
  • Administer monthly meetings
  • Review of marketing materials
  • Employee email review
  • New employee start-up services/support
  • AML watchlist checks
• Quarterly Tasks:
  • Send reminders for employee compliance reports
  • Detailed Code of Ethics review (transactions, holdings, etc)
  • Privacy policy review and reminders
  • Form ADV review and updates
  • Prepare and file 13-F filings
  • Best execution review
  • Soft dollar reviews
  • Allocation reviews
• Annual Tasks
  • Update Form ADV Part 1 and Part II
  • Administer annual compliance review
  • Offering document review
  • Training sessions for employees
  • Review and update audit prep infrastructure

Additional Services

For a select group of hedge fund managers, HedgeOp provides an extra layer of service where in addition to providing the compliance and regulatory support as described above, we also undertake special project work that is normally reserved for an internal operations group. This may include:

• Material contract review, reporting and monitoring
• Liaising with outside counsel on new product launches
• Side letter agreement consulting advice
• Subscription document review
• Daily general operational advice

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