Corgentum – Working with Investors to Evaluate and Monitor Operational Drag® in Hedge Funds
Corgentum has released a new paper entitled, Corgentum – Working with Investors to Evaluate and Monitor 
Operational Drag® in Hedge Funds. This piece provides an introduction to the concept of Operational Drag®. Operational Drag® is defined as the negative effects of operational risks on the efficiency of an organization. The paper outlines how Corgentum’s proprietary hedge fund operational due diligence process goes beyond fraud detection to work with investors to analyze and monitor Operational Drag® in hedge funds in order to reduce our client’s exposure to hedge fund operational inefficiencies.
The paper is available for download in the research section of www.Corgentum.com or here.
Hedge Fund Operational Due Diligence: Operational Drag
Madoff Prison Pics (Sort of)…. And Ezra Merkin’s Fellons
While no pictures have been released of Madoff (aka prisoner No. 61727-054) in prison here is a photo/illustration of what New York magazine thinks it would look like:
In their article on Madoff’s prison life, New York magazine also provides insight into how other inmates view Bernie with this sketch by fellow inmate (and convicted bank robber K.C. White):
The article goes on to quote Madoff in prison as follows:
“F— my victims,” he [Madoff] said, loud enough for other inmates to hear. “I carried them for twenty years, and now I’m doing 150 years.”
Oh by the way, here is a video that sort of flew under the radar, J. Ezra Merkin allegedly employed a convicted felon named Victor Teicher who reportedly advised Merkin from jail in 1994 not to invest with Madoff. These allegations came out of New York University’s lawsuit against him:
Independent & Unbiased Hedge Fund Operational Due Diligence – Corgentum
Corgentum Consulting has released a new paper entitled, “Corgentum – Independent & Unbiased Hedge Fund Operational Due Diligence.”
This paper provides an overview of the importance of independence and objectivity in the Corgentum hedge fund operational due diligence process. This paper also outlines the benefits of Corgentum’s sole focus on operational due diligence as well as the benefits of Corgentum’s multidisciplinary approach.
The paper is available in the Research section of www.Corgentum.com or via direct link here.
