The reports will investigate the investment management entity and the two largest principals. They will detail information about a hedge fund manager’s criminal record, bankruptcies, pending and past litigation, judgments, tax liens, regulatory registrations and sanctions, professional accreditations, as well as education and employment history. The price of the reports starts at $2,750.
Jeff Joseph, Hedgeworld’s managing director, said due diligence into fund managers is often overlooked by investors. “While hedge fund investors previously focused on portfolio transparency, it is now imperative to focus on manager transparency," Joseph claimed.