Monday, 20 October 2014
Last updated 2 days ago
Oct 3 2013 | 10:03am ET
A group of industry vets has launched a web-based platform to provide “forensic-style” hedge fund due diligence.
HFDDX, as the platform is called, offers investors a chance to team (anonymously) with other investors seeking information on the same funds, thus reducing the cost to them of the due diligence.
“Investors benefit by getting the highest quality due diligence, while being able to defray some of the expense; investment managers will benefit by saving review time; and the industry will benefit by increasing best practices,” said Robert Krause, managing principal.
Krause is the founder of the VolX Group, a derivatives and indices marketing and product development company. He was also the founder of the due diligence provider Event Capital Markets and his resume includes stints with Zurich Capital Markets, the Javelin fund of funds, Mitsui Commodities and Morgan Stanley.
His fellow principals include Ezra Zask, founder and president of SFC Associates; Ralph DiMeo, founder and owner of the Hedge Fund Due Diligence Group; Wendy Robinson, who was general counsel for The Volatility Exchange and Event Capital Markets; and Matthias Knab, who leads Opalesque.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...