HedgeArc articles
Hedge fund industry and accounting perspectives.
Practical articles on hedge fund accounting, middle- and back-office operations, internal controls, technology, institutional readiness, and the transition to an internal finance team.
Management Company Accounting Is Not Fund Accounting
The administrator maintains the fund's official books. The manager still needs disciplined books, cash planning, approvals, and reporting for the business that operates the fund.
Read the articleChoosing the Most Efficient Way to Trade European Stocks
A practical comparison of total return swaps, local European shares, and ADRs—including financing, transaction taxes, operations, and holding-period economics.
August 5, 2026 · 12 min read ↗02 · Hedge fund accountingManagement Company Accounting Is Not Fund Accounting
Why emerging managers need separate books, controls, cash planning, and reporting for the business that operates the fund.
August 5, 2026 · 7 min read ↗03 · Fund operationsFrom Spreadsheets to Infrastructure
Why emerging managers eventually need controlled systems, repeatable workflows, and durable operating records—not a larger spreadsheet network.
July 30, 2026 · 6 min read ↗04 · Hedge fund industryWhen Is a Fund Ready for an Internal CFO?
The decision should be driven by operational complexity, investor expectations, entities, reporting obligations, and risk—not AUM alone.
July 23, 2026 · 7 min read ↗05 · Hedge fund accountingWhat Independent NAV Oversight Actually Means
The administrator produces the official NAV. The manager still needs its own disciplined review, reconciliation, documentation, and escalation process.
July 16, 2026 · 8 min read ↗