HF Industry Vets Offer Due Diligence Service

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.


In Depth

Financial Industry Blockcain Consortium R3 To Open-Source Platform Code

Oct 20 2016 | 9:03pm ET

Bitcoin's blockchain technology has spawned a flurry of activity among fintech startups...


U.S. Trust's Beard: The Rapid Growth of the Art Lending Industry

Oct 7 2016 | 10:55pm ET

Alternative investment managers have emerged as some of the most significant art...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...