Hedge funds and investment partnerships commonly utilize
limited partnerships fund because they allow them to raise capital without giving up control. Limited partners invest in an LP and have little to no control over the entity's administration, but their liability is limited to the amount they put in. Ascent Fund Services has dealt with a wide range of fund concerns, and we are intimately familiar with the new ordinances that are being passed, so we will be able to assist you in becoming acquainted with them.