East coast-based hedge fund advisory firm Corgentum Consulting has opened an office on the West coast.
Jersey City, NJ-headquartered Corgentum has set up shop in San Francisco. The firm says the decision was made in response to growing demand for operational due diligence reviews on hedge, private equity and real estate funds from West Coast investors.
"The new expansion will allow Corgentum to better serve investors on the West Coast, in Europe and in Asia by providing a valuable on-the-ground presence in multiple locations,” said Corgentum Managing Partner Jason Scharfman.
“Additionally, being closer to Asia, will allow us to further expand upon our existing Asia-based investor relationships. Our expansion and continued growth on the West Coast will allow us to broaden our coverage of local managers and provide investors with a regional operational due diligence partner."
Scharfman, a veteran of Morgan Stanley’s hedge fund operational due diligence team, founded Corgentum in 2009