Operational due diligence focus – Corgentum to present on hedge fund opportunities at Opal 2012 Investment Consultants Forum
Operational due diligence is coming into focus in 2012. It has been announced that Corgentum Consulting Managing Partner, Jason Scharfman will moderate the hedge funds 
panel at the upcoming Opal 2012 Investment Consultants Forum.
The panel will be entitled, “Hedge Fund Opportunities” will take place on Friday March 2, 2012 at the Crowne Plaza Times Square in New York, NY.
It is anticipated that Mr. Scharfman will discuss evolving trends in hedge fund operational due diligence for 2012, the benefit to investors towards working with operational due diligence consultants such as Corgentum, and the benefits of incorporating risk considerations into the hedge fund portfolio construction process.
To register for the event here, please click here.
Galleon Verdict : Raj Rajaratnam Insider Trading Guilty Sentence
A jury recently handed down a sentence which found that the Galleon Group’s founder Raj Rajaratnam was convicted of insider trading. Bloomberg is reporting that jury never argued during 12 days of secret deliberations that he was innocent. Instead the focus was on what sentence to give Rajaratnam. Here is a post about the Galleon verdict entitled, Galleon’s Fait Accompli : Investor’s Move the Dial Towards a Conservative Approach to Hedge Fund Research, on the Corgentum Consulting blog and some videos from the trail and verdict:
http://youtu.be/YKbqdE_BA5w
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Corgentum’s Scharfman Discusses Administrator Conflicts of Interest and Due Diligence with Forbes
A recent article in Forbes, discusses some of the risks to investors surrounding hedge fund administrator conflicts of interest.
The article is entitled, “Protection Racket – Investors rely on independent administrators like Citco to okay hedge fund books. But who’s watching these bookkeepers?” .
The article features Corgentum Consulting Managing Partner, Jason Scharfman discussing the role of hedge fund administrators in the investor operational due diligence process. Mr. Scharfman says, “ Part of the reason big-name administrators are winning more hedge fund assets is that they offer a false appearance of comfort and illusions of due diligence. Investors are still very much on their own in the hedge fund arena, ” says Mr. Scharfman.
The full article can be read on Forbes.com , in print editions of Forbes magazine for the week of April 25, 2011 or via direct link.
