Freedom Acquisition Holdings & Regulators: How I Learned To Stop Worrying...

...and love the securities laws. In the finest tradition of legal distinctions without differences, from the proxy documents for London-based hedge fund manager, and multinational recidivist securities law violator, GLG Partners’ impending back-door New York Stock Exchange listing:

We believe that we will be engaged primarily in the business of providing asset management and financial advisory services and not in the business of investing, reinvesting or trading in securities.

Freedom Acquisition Holdings Inc (FRH)
Schedule 14A Proxy Statement (Page 19)

Comments

[dntee:]

There is a very meaningful difference between making investment decisions for outside money vs investing your own principal capital....esp since what is being listed is the management company and not the fund itself.

2007 Jul 30 12:46 PM