Swiss-based Palladio Alternative Research Group has unveiled its new business, which provides hedge fund research, due diligence and advisory services to institutional clients.
Palladio is headed by Sarah Clar-Boson, founding partner and a former senior hedge fund analyst at Optifin and UBP Alternative Asset Management Group.
The firm's two other partners are Christophe Reech, CEO and Chairman of Reech AiM Group, and Jean-Marc Emden, CEO of Nassau-based Autana Capital, who has worked in the alternative investment industry since 1992.
In addition, Palladio has set up strategic agreements with Lotus Peak Capital (Singapore) for Asian research coverage and with Castle Hall Alternatives (Canada) for detailed operational due diligence upon request.
"The opportunity set for unbiased, professional hedge fund advice and analysis is a direct outcome of the 2008 crisis, given the obvious conflict of interests between advisory and investment, the Madoff debacle and the failure to complete continuous in-depth due diligence services," said Clar-Boson. "There is an acute shortage of independent alternative research providers: going forward, investors are demanding a more dynamic and personalized dialog to replace their disappointing relationships with large, traditional organizations. The ongoing complexity and sophistication of hedge fund analysis drives the need for truly neutral third-party specialists and Palladio Alternative Research Group aims to progressively become a significant and trusted player in the space."