EIM Adds Due Diligence Chief

Oct 15 2010 | 11:44am ET

Swiss fund of hedge funds firm EIM has nabbed a Nomura alternative investments executive to lead its due diligence efforts.

John Ward will join EIM in New York on Nov. 8 as head of operation due diligence. Most recently, he was chief operating officer of alternative products at Nomura Funds Research & Technologies America.

“Risk management and operational due diligence are two critical pillars of EIM’s fiduciary responsibility to its clients,” Arpad Busson, EIM’s founder, said.

“For several years we have worked to implement an independent risk management function that is comprehensive across all our activities,” he added. “Our decision to further strengthen the operational due diligence function led to an exhaustive search for an experienced candidate, which has culminated in the hiring of John Ward.”

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