Financial Times FT.com

'Postnup' boom as hedge funds seek to trim exposure to spouses

By Brooke Masters in New York

Published: May 31 2007 03:00 | Last updated: May 31 2007 03:00

First it was the "prenup", but now the postnuptial agreement is soaring in popularity among newly wealthy hedge fund managers and other executives keen to safeguard their fortunes in case they face a messy divorce.

"Postnups", as the agreements are known, are similar to prenuptial agreements on how to divide marital assets, except they are signed after marriage, not before.

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