Mon, Apr 21, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Laven Partners and GFIA Form Joint Venture to Deliver Broader Due Diligence Coverage in Asia

Monday, January 30, 2012
From Precy Dumlao, Opalesque Asia:

Opalesque Industry Update – Global consultancy firm Laven Partners and Singapore-based hedge fund data provider GFIA have completed a joint venture agreement to collaborate on a project that will link up their resources and processes in Asia to provide a fully comprehensive operational, due diligence and compliance service based in Singapore.

In a joint statement, the companies said that the union is the result of increased demand from Asia for global-standard consultancy services, and from the developed markets for a greater expertise in Asian funds.

“The partnership builds upon Laven Partners’ recent expansion in the US. It will see Laven Partners growing its staff in Singapore, and GFIA gaining access to Laven Partners’ established processes. Together the firms will offer a more efficient service to a local and global audience,” the joint statement said.

The combination of the two firms’ expertise and geographical coverage will place them ahead of other consultants in the field. The firms will use Laven Partners’ unique processes including its Independent Process of Operational Due Diligence Report, certified under the ISO 9001:2008 quality management certification, its Operational Assessments Reports, Operational Recommendations Report and its Compliance Internal Audit Report as well as its ongoing compliance and fund set up services.

Peter Douglas CAIA, Founder and Principal of GFIA, commented, “We are very excited to be able to work with Laven Partners, who are market leaders in the industry and known for their disciplined, scalable, and replicable consultancy and due diligence processes. We are delighted to be able to access top quality resources in the developed markets.”

Jerome de Lavenere Lussan, CEO of Laven Partners added, “We are thrilled to have entered Asia with such a reputable and established partner. GFIA’s reputation as a pioneer in Asia and the emerging markets is peerless, and we look forward to broadening our coverage into this exciting part of the world.”

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Banner
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing
  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: Classic Auto Funds Limited (CAF) launches several car investing funds[more]

    Bailey McCann, Opalesque New York: A new trend in alternative alternatives is emerging - car appreciation funds. Classic Auto Funds Limited (CAF) is the first to market with several funds that make super elite luxury cars into real asset investments. As a result of growing overseas demand couple

  2. Investing – Big hedge funds bought Puerto Rico's junk bonds, Fidelity explores new trading venue amid flash trade concerns, Crisis-era Greek bonds reward early buyers with big effective returns, Cargill unit discloses stake in Freddie preferred[more]

    Big hedge funds bought Puerto Rico's junk bonds From Reuters.com: Several large hedge funds doubled down on Puerto Rico in last month's giant bond sale despite the U.S. territory's financial struggles, the Wall Street Journal reported, citing confidential documents reviewed by the newspa

  3. Opalesque Exclusive: Hedge fund replicators evolve[more]

    Bailey McCann, Opalesque New York: Hedge fund replicators as a group of products tend to get a bad rap from hedge fund managers who suggest that the best a replicator can offer is dynamic beta capture. A

  4. Opalesque Exclusive: Pensions, endowments, family offices reconsider life settlement investments[more]

    Bailey McCann, Opalesque New York: Hedge funds were once the largest investors in the life settlement industry, now the industry is seeing more interest from pensions, endowments and family offices directly. Life settlements have always been considered a niche part of the investing landscape, an

  5. SEC allows investment funds to use social media[more]

    Bailey McCann, Opalesque New York: The Securities and Exchange Commission (SEC) has released new guidance letting investment funds and advisors use social media to promote client reviews. The guidance seeks to assist investment managers in developing compliance policies and procedures reasonably