Fund Accounting: Hedge Fund - Fund Structures | Master Feeder | Standalone | Small Funds

[@soupornobanik2378]

I have a question here, if fund manager merges the fund with series with lead series and investment are actually not sold in the market. How U/R GL become R GL post merging.

[@GMTIBAcademy]

For merging in main lead main qualifier is series should achieve High water mark otherwise u can’t, second things for merging in lead is process like rebalancing the all classes means adjust the accounting records as per the adjustments required in the fund book