Fri, Aug 29, 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   |   
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. Study shows what resonates with investors: 'Unwavering', 'passionate' beats 'committed', 'dedicated' and more surprises[more]

    Komfie Manalo, Opalesque Asia: A new study by Pershing Square, a unit of BNY Mellon company, showed that an effective value proposition strengthens audience connections and fosters growth, yet many advisors have had little objective guidance in formulating such statements until now. In the

  2. Institutions – Texas Employees sets 2015 tactical plan for alternatives, CalPERS' real estate consultant cautions the pension fund's investment committee, Why Sunsuper likes hedge funds[more]

    Texas Employees sets 2015 tactical plan for alternatives From PIOnline.com: Texas Employees Retirement System will invest in up to four new hedge funds in the next fiscal year, which begins Sept. 1. Trustees approved 2015 tactical investment plans for the hedge fund, private equity and in

  3. Hedge fund assets decline in July - eVestment[more]

    Bailey McCann, Opalesque New York: Total assets in hedge funds declined in July and dropped 0.49%, marking the industry's second monthly asset decline in 2014, according to the latest asset flows data from eVestment. Despite the asset decline, total industry AUM remained above the $3 trillion

  4. AIMA makes 'the case for hedge funds'[more]

    Bailey McCann, Opalesque New York: The Alternative Investment Management Association (AIMA), the global hedge fund industry body,

  5. Managed futures' global diversification is important in next phase of economic recovery[more]

    Komfie Manalo, Opalesque Asia: The global diversification provided by managed futures may prove to be extremely valuable as the markets enter the next phase of the economic recovery, said Campbell & Company, a pioneer in absolute return invest