Walkers Global recently held its Fundamentals Hedge Fund Seminar in New York City, where experts addressed various issues relevant to the hedge fund industry, including the structures of new hedge funds and the typical terms being negotiated with investors, as well as trends in new fund strategies and fund governance. This article summarizes the key points discussed at the conference on each of these topics. For the HFLR’s coverage of Walkers Fundamentals Hedge Fund Seminars from prior years, see: 2014 Seminar; 2013 Seminar; 2012 Seminar; 2011 Seminar; and 2009 Seminar.