entity · derived
Independent administrator
Derived node: assembled mechanically from the claims carrying independent-administrator. A roster, not an adjudicated definition.
Every claim under this term
- 1428387-010 : Independent administrators and valuation committees do not solve the independence problem for startup funds, because a majority of hedge funds in their startup phase try to keep overheads down and so
- 1428387-011 : Outsourcing valuation to an independent administrator can be nominal rather than real: the administrator may lack the understanding of complex securities products needed to value the positions, so the
- 1428387-012 : There is an adverse selection problem in independent valuation: an administrator who actually had the knowledge and understanding of complex instruments required for the task would probably be incenti