Operational due diligence has grown in importance to institutional investment in hedge funds

Continuous surveillance

A pile of coins with two magnifying glasses

Thorough and regular operational due diligence has become the mantra of institutional investors as they realise the importance of robust operational risk management on returns and the long-term viability of a fund. On the other side fund managers need to provide institutional-quality operational infrastructure with the attendant considerable cost and resource commitment if they want to attract and continue to hold institutional assets.

This is the post-2008 world where over 70% of hedge fund asse