Due Diligence
Putting together a hedge fund due diligence questionnaire
IMDDA hosted a webinar “Case Studies of Hedge Fund Failures and Lessons to be Learned” which is available to listen to in full now. Our guest Rajiv Jaitly leveraged his experiences from high profile case studies and 18+ years of specialist experience in hedge fund investigations to reveal how he’d structure a hedge fund operational due diligence investigation. Here…
Read MoreWhat is the AUM threshold for a fund to register with the SEC?
You asked and we answered. For our first blog in our Ask an Expert series: What is the AUM threshold for a SEC registration? It might not be what you think it is. This applies to any fund relying on 3c1 or 3c7. The law is and has been since Dodd Frank that SEC registration is…
Read MoreCan the CDDA program improve your due diligence audit?
In this article, we’ll introduce you to the CDDA program and explore how it can be beneficial for your career and your ability to improve your due diligence audit. We’ll also take a look at the program’s unique content verification process that allows it to claim to be the gold standard in the industry. This…
Read MorePredictions for ESG and investment manager due diligence
ESG (Environmental, Sustainability, and Governance) is one of the fastest growing asset classes and as such, more focus is being placed on its inclusion in the investment manager due diligence process. Triggered by the SEC Concept Release in 2016 that contained a section on ESG measurement and reporting, we have seen several shifts in the…
Read MoreEstablishing ESG metrics for investment manager due diligence
ESG (Environmental, Sustainability, and Governance) is estimated to be a 70 trillion-dollar asset class, with returns often outstripping traditional rivals by a significant margin. But this golden egg laying goose comes with its own challenges, primarily how to measure and report on the ESG aspects of the investment. Why ESG due diligence matters If…
Read MoreInvestment due diligence procedures for third party risk management
Recently we hosted a webinar with Robin Hodgkins, President of Castina LLC and former CISO John Rizzulo, now President at Rizzulo GRC. One of the topics they looked into was the correct investment due diligence procedures needed to effectively manage risk when engaging third party vendors. Here are a few of the highlights: A Full Lifecycle…
Read MoreIMDDA Signs Mandate With Pennsylvania School Retirement System
IMDDA said that the Pennsylvania Public School Employees’ Retirement System retained the group to conduct on-site, customized due diligence educational training programs. “In the two years since we founded the IMDDA, we have attracted hundreds of professionals as members, worked with hundreds more through our international training seminars, and helped build understanding of and appreciation for the…
Read MoreFinancial Firms Can’t Ignore the Foreign Corrupt Practices Act
As the recent SEC action against BNY Mellon shows, banks and asset managers must look closely at their business to ensure FCOA compliance… Read more
Read MoreExperts Say Reliance on Standardized Reporting Inadequate for Due Diligence
In our ever-competitive landscape, smaller and mid-sized companies are often seeking the shortest route, not always the smartest, in their growth strategies. Understanding the operating risk of a company or transaction requires more than a cursory review of the company’s standardized reports. A process of critical and detailed analysis is essential to monitoring the growth…
Read MoreESG ‒ Issues Faced by an Elusive Definition
By: Richard M. Morris Threshold Diligence Issues Confronting ESG Investments Investors with allocations in the environmental, social and governance asset class (ESG) face numerous due diligence issues regarding the construction and management of their investment portfolio. One threshold issue that must be addressed by the investor and investment manager is the scope or definition of…
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