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Post by tomcruise07 on Dec 8, 2011 7:44:25 GMT -5
The hedge fund is usually comprised of a hedge fund manager, broker relations manager, administrative staff and underwriters. Each person within the fund has a specific responsibility. The hedge fund manager will oversee the day-to-day operations of the fund. They are responsible in making the final decision on which cases they will invest in. The broker relations manager will be the point of contact for consultants that send clients the fund.
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Post by russell007 on Dec 8, 2011 7:53:56 GMT -5
There are two important factors that determine if a case gets funded; strength of case and time frame. The strength of case is usually determined by liability. If the claimant was involved in an accident and there is clear liability, they will have a chance of getting approved for an advance. The hedge fund will reserve the right to deny any application based upon the strength of the case. The time frame will also be an important factor in the process.
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