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characteristics of the distribution. Both the transparency and simplicity of our method provide a valuable benchmark to existent tail … of the distribution modeling. As a benchmark, our method also serves to validate collateral estimates for Aaa …
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Purpose – To discuss possible disadvantages and other implications for private investment fund managers of issuing side letters to certain investors. Design/methodology/approach – Discusses the relatively common practice of issuing side letters; issues surrounding side letters that relate to...
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Purpose – The purpose of this paper is to explain the implications of a June 11, 2008 decision by the US District Court for the Southern District of New York in CSX Corp. v. The Children's Investment Fund Management (UK) LLP concerning beneficial ownership and reporting obligations under...
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