Karl Jordan
Decosimo, an accounting and business advisory firm, will be taking part in hedge fund education targeting hedge fund investors and management teams. Decosimo is providing support as the lead sponsor and Principal Karl J. Jordan, CPA, CGMA, will chair the Hedge Fund Tax 101 and K-1 Boot Camp courses hosted by the Financial Research Associates (FRA) and the Hedge Fund Business Operations Association (HFBOA) Jan. 23-24 at New York City’s Princeton Club. Additionally, Elizabeth Powell, CPA, a tax manager with Decosimo’s Financial Services Group, will be co-presenting “Preparation of Hedge Fund Returns and Disclosures” at the event.
The two-day program will explore topics such as basic tax considerations affecting hedge funds; hedge fund tax allocations; tax consequences of hedge fund structures; taxation of investment transactions and financial instruments; unrelated business taxable income; dissecting the K-1; preparation of hedge fund returns and disclosures; allocation methodologies; contributed stock and stock distributions; state income and state tax withholdings; and impact of foreign income on a K-1.
Karl Jordan is Decosimo’s alternative investment/hedge fund practice leader and also serves as the Director in Charge of the firm’s Cayman Islands office, Moore Stephens Decosimo Cayman Limited. He has extensive experience in providing services to financial institutions, private investment partnerships, alternative investment partnerships, hedge funds, broker/dealers, real estate companies, captive insurance, investment companies, family offices and high-net-worth individuals.
Elizabeth Powell, a Decosimo tax manager, provides quality control review for tax services to investment entities including hedge funds, offshore funds, private equity groups, mezzanine funds and venture capital funds. She specializes in federal, state and local tax compliance preparation and review, as well as partnership consulting regarding transaction/entity structures, partnership/operating agreements, partnership tax allocation and accounting for uncertainty in income taxes.
Through its highly focused conferences and seminars, FRA provides access to timely, cutting-edge information for the nation’s top executives. Decosimo consistently sponsors FRA’s educational conferences and its professionals have led presentations on such topics as tax, valuation for hard-to-value portfolios and due diligence for institutional investors.
HFBOA supports the hedge fund community with timely industry intelligence that is especially unique to mid-sized hedge funds and fund of funds. HFBOA is the only hedge fund association to offer valuable resources to all C-Level functions within a hedge fund. Through articles, educational lectures and summits, frequent webinars, web-links, networking mixers and many other useful services, HFBOA provides useful insight on practical strategies for maintaining a prosperous hedge fund.
Elizabeth Powell