Regulators and investors have placed increased emphasis on the management of conflicts of interest by hedge fund managers.  Fund managers must ensure conflicts are identified, mitigated and properly disclosed.  In addition, fund managers must establish a conflicts policy that is followed within the firm.  See “ACA Compliance Professionals and SEC Veteran John H. Walsh Share Insights on SEC Priorities for 2015,” Hedge Fund Law Report, Vol. 8, No 16 (Apr. 23, 2015); and “Conflicts Remain an Overarching Concern for the SEC’s Asset Management Unit,” Hedge Fund Law Report, Vol. 8, No. 10 (Mar. 12, 2015).  During the RCA’s recent Enforcement, Compliance & Operations Symposium, panelists discussed the identification of potential conflicts of interest; conflicts relating to allocations of expenses and allocation of investment opportunities; conflicts between products; and valuation conflicts.  This article highlights the salient points made during the discussion.  For additional coverage of the Symposium, see “RCA Panel Outlines Keys for Hedge Fund Managers to Implement a Comprehensive Cybersecurity Program,” Hedge Fund Law Report, Vol. 8, No. 24 (Jun. 18, 2015).