Hedge Fund Vets Form Due Diligence Firm

Apr 22 2009 | 9:30am ET

A pair of hedge fund veterans is taking advantage of an industry in flux by launching a firm specializing in due diligence. Lauri Martin and John Budzyna, founders of Precision Partners, will assist hedge fund managers prepare themselves for new institutional due diligence requirements.

Martin was previously the deputy head of structural risk for Union Bancaire Privée Alternative Investments, having spent eight years building and executing the firm’s due diligence program. Budzyna has served as the global head of the hedge fund industry practice at Arthur Andersen and subsequently at the hedge fund practice of Ernst & Young.

Most recently, he was a managing director at Deutsche Bank’s prime finance group as their global head of hedge fund consulting.  Budzyna is also the president of Hedge Funds Cares, a charitable organization dedicated to preventing and treating child abuse.

In Depth

Related-Company Fees: Normal Industry Practice or Conflicted Compensation?

Nov 11 2015 | 4:23pm ET

Regulatory agencies as well as investors are increasingly exploring whether certain...


Ferrari Roars in Wall Street Debut

Oct 21 2015 | 4:28pm ET

Shares of supercar maker Ferrari jumped as much as 15 percent to a high of nearly...

Guest Contributor

Private Debt - What is the Opportunity?

Nov 11 2015 | 3:28pm ET

In this contributed article, Rob Allard, founding partner of Firebreak Capital...


Editor's Note

    Oct 21 2015 | 10:41am ET

    One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…