On August 14, 2012, HighWater Limited, a boutique corporate governance services firm based in the Cayman Islands, announced that it has expanded with a New York-based principal, Matt Auriemma, who will be providing independent director services to investment funds, mostly hedge funds and other alternative investment vehicles.  For more on hedge fund corporate governance, see “Corporate Governance Best Practices for Cayman Islands Hedge Funds,” Hedge Fund Law Report, Vol. 5, No. 3 (Jan. 19, 2012).