Opalesque Industry Update –Liongate Capital Management (Liongate), a leading fund of hedge funds manager with over US$3bn in assets, announced its membership and participation in the establishment of the Hedge Fund Standards Board Investor Chapter, a group of leading hedge fund managers and investors who have come together to help shape best practice within the industry. |
Randall Dillard, Co-founder and Chief Investment Officer of Liongate Capital Management, said: "We have been working closely with the Hedge Fund Standards Board and are pleased to participate in the launch of the Investor Chapter. In the last few years, we have witnessed strong improvements in the corporate governance framework of the hedge fund industry and it is our firm belief, that this should represent a foundation for the continued and coordinated global structure of best practice and controls within the hedge fund industry."
“Since Liongate was founded in 2003, the company has always been committed to managers with independent fund oversight and valuation, strong governance, robust risk management processes as well as appropriate levels of disclosure. These are the key objectives of the Investor Chapter and we are pleased to be able to contribute to fostering these standards within the industry.”
Liongate has received numerous investment awards, including Institutional Investor 'Fund of Hedge Funds Leader of the Year' (2009); InvestHedge 'Best Global Multi-Strategy Fund over US$1bn' (2009) and Hedge Funds Review 'Best Group' in both 2008 and 2007.