Paras Malde is an independent director in the Cayman office. Paras has been involved in assisting numerous US and Asia-based open-end and closed-end funds across various investment strategies and structures, including single investor arrangements for prominent US and international investors.
Paras’ governance practice includes a broad portfolio of asset management clients with a wide range of structures and investment strategies. Paras has extensive experience in fund-related transaction matters, including fair valuation, side letters and service provider agreements, financials statements, compliance, regulatory and governance matters.
Paras also has experience in managing distressed funds with liquidity concerns, liquidation considerations, CIMA compliance matters, investor complaints, litigation and other considerations in respect to the CIMA’s Statement of Guidance on corporate governance and Mutual Funds Law.
Paras has extensive experience in executing audits of hedge funds ranging from start-ups to multi-billion dollar funds with strategies including long/short equity, multi-strategy, quantitative, fixed income, fund of hedge funds and private equity. He also has experience in evaluating the operational impact from regulation introductions such as Form PF, FATCA and AIFMD at leading asset managers and banks and formulated solutions to create operational efficiencies for routine reporting. He has assisted clients in attaining and maintaining a regulatory compliant state by developing a roadmap from design through implementation.