Regulations | Back Office

Category: Regulations

January 18th, 2011

Author: Ron Kashden

Category: Regulations

If It Walks Like a Duck, and Talks Like a Duck

Quack. A quick refresher on the alternative investment guidelines and investor thresholds in light of the “oops” for Facebook’s private placement.

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Why is our software called "Penny" ?: Because our founder - a CPA, former hedge fund CFO, and programming guru - was hoping to purchase an accounting package. But none of the existing fund accounting systems could handle balancing complex partnership accounts down to that last penny. So he created one that could.

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