Hedge Fund Investors Want Business Details
Corgentum Consutling Managing Partner, Jason Scharfman, was featured in the Wall St. Journal’s Compliance Watch. In the article entitled, “Hedge Fund Investors Want Business Details”
Mr. Scharfman highlights how in the post-Madoff environment hedge fund investors are demanding, “increased granularity” in due diligence. He further goes on to provide an example of legal documentation risk in hedge funds. The full article can be read on the Wall St. Journal website.
The more details the better – you are correct hedge fund investors should demand more “granularity”
Good post – this level of detail is dangerously overlooked in hedge funds