ExecutiveLoyalty.org

Restrictive Covenants - Hedge Fund Industry

2016.05.13  Article: "This is how hedge funds are locking in their employees" -- including observations such as "90-day gardening periods were not uncommon, but more hedge funds are asking new employees to sign non-compete agreements that stop them working elsewhere for a year or more." The article follows that observation with this quote:

• “Anything more than three-to-six months tends to give people pause for thought. Then they start looking at the details of the contract – Is it paid leave? How restrictive is the definition of a competitor?,” says Anthony Keizner, a hedge fund partner at Odyssey Search.
  

2011.11.23  Hedge Fund Report, observing for instance: "general rule of thumb is that a restriction of six months to one year would likely be considered reasonable in the hedge fund industry. "