Michael Lapat is the President, General Counsel and a founder of TURN KEY HEDGE FUNDS, INC. He currently serves on the Board of Directors of the Hedge Fund Association, a non profit association representing the Hedge Fund Industry. In 1998, Mr. Lapat was a co-founder of a successful hedge fund which from August 1998 through September 2000 grew its assets from $500,000 to $60,000,000; and during which time had an average annual return of 78.53%. At that fund, he was responsible for document preparation, investor relations, fund administration, and legal and compliance matters, as well as other back office matters. Mr. Lapat was responsible for the initial launch of the domestic hedge fund as well as its transition to a master feeder fund structure with onshore and offshore feeder fund components. In September 2000, he left that position and formed Turn Key Hedge Funds, Inc. where he developed the concept of the Turn Key Hedge Fund.

 

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