Sunday, 26 April 2015
Last updated 1 day 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.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…