The article is aimed at describing the Italian legal framework relating to hedge funds and private equity funds. Furthermore, the paper looks at the “social role” of hedge funds and private equity funds, in particular by means of an analysis of the role played by the same in the Italian market. Of course, the current dominant opinions with respect to the issue are widely divergent. On the one hand, private equity funds state themselves that they mainly offer management services, with an equity investment to maximize their returns. On the other hand, hedge funds and private equity funds have been accused of destroying firms through excessive leverage and appropriation of financial substance. The purpose of the article is to explain what is the prevailing opinion on this matter with specific reference to the Italian jurisdiction.

Lener, R. (2010). Hedge Funds, Private Equity Funds and Sovereign Funds. THE CARDOZO ELECTRONIC LAW BULLETIN, 16(1).

Hedge Funds, Private Equity Funds and Sovereign Funds

LENER, RAFFAELE
2010-01-01

Abstract

The article is aimed at describing the Italian legal framework relating to hedge funds and private equity funds. Furthermore, the paper looks at the “social role” of hedge funds and private equity funds, in particular by means of an analysis of the role played by the same in the Italian market. Of course, the current dominant opinions with respect to the issue are widely divergent. On the one hand, private equity funds state themselves that they mainly offer management services, with an equity investment to maximize their returns. On the other hand, hedge funds and private equity funds have been accused of destroying firms through excessive leverage and appropriation of financial substance. The purpose of the article is to explain what is the prevailing opinion on this matter with specific reference to the Italian jurisdiction.
2010
Pubblicato
Rilevanza internazionale
Articolo
Sì, ma tipo non specificato
Settore IUS/05 - DIRITTO DELL'ECONOMIA
English
hedge funds; private equity funds
Lener, R. (2010). Hedge Funds, Private Equity Funds and Sovereign Funds. THE CARDOZO ELECTRONIC LAW BULLETIN, 16(1).
Lener, R
Articolo su rivista
File in questo prodotto:
File Dimensione Formato  
Cardozo.pdf

accesso aperto

Licenza: Copyright dell'editore
Dimensione 410.87 kB
Formato Adobe PDF
410.87 kB Adobe PDF Visualizza/Apri

I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.

Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/2108/10224
Citazioni
  • ???jsp.display-item.citation.pmc??? ND
  • Scopus ND
  • ???jsp.display-item.citation.isi??? ND
social impact