Fri, Aug 18, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Hedge Fund Due Diligence Exchange goes live offering forensic-style due diligence reports at substantial cost savings

Friday, October 04, 2013
Opalesque Industry Update - HFDDX has launched an innovative platform that provides new and experienced investors both forensic-style due diligence reports and a substantial cost saving. The first exchange of its kind, HFDDX’s launch coincides with a resurgence of interest in hedge fund investments and an abundance of caution on the part of investors. HFDDX meets this demand by offering members a web-based marketplace to anonymously match their needs with others. When two or more members seek due diligence on the same fund, costs can be reduced by one-half to two-thirds, encouraging cost-conscious investors to avoid cutting corners or forego the in-depth review they need to make informed investment decisions.

“Investors benefit by getting the highest quality due diligence, while being able to defray some of the expense; investment managers will benefit by saving review time; and the industry will benefit by increasing best practices,” said Robert Krause, Managing Principal.

“The key principals have deep experience and a thorough process. I think this new model is a game-changer. It is a way to maintain high standards and yet reduce the cost associated with custom work,” said Henry Watkinson from Headstart Advisers in London . He added, “As more investors jump on the platform, the number of matches increases and the costs decrease.”

The Hedge Fund Due Diligence Exchange has been formed by a team of seasoned industry executives with experience in due diligence, alternative asset management, funds of f?unds, government regulation, volatility, derivatives, investment banking, and many other key financial disciplines. Investors have relied on the quality and integrity of their independent process — and the more than 1,000 reports they have collectively produced — for over a decade. The team’s goal is to provide the most comprehensive report in the industry, using a matching engine that allows members with same-fund needs to anonymously share the cost. The Hedge Fund Due Diligence Exchange can be found at www.hfddx.com.

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Thank you Damien, I have fixed the link: http://www.hfddx.com Matthias Knab |   October 05, 2013 10:24:06 AM
the link to the HFDDX website is broken, missing ":" before http Damien Ducourty |   October 05, 2013 09:33:17 AM
sorry before "//" after "http" Damien Ducourty |   October 05, 2013 09:35:15 AM
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: Albright Capital puts a value lens on emerging markets[more]

    Bailey McCann, Opalesque New York: Over the past decade, investors have steadily increased investments in emerging markets private funds. Allocations to the cohort have increased from $93 billion in December 2006 to $564 billion in September 2016, according to data from research firm Preqin. Howe

  2. Jasper Capital International joins Hedge Fund Standards Board[more]

    Komfie Manalo, Opalesque Asia: Diversified and systematic investment firm Jasper Capital International has become the second China-based signatory to the Hedge Fund Standards Board (HFSB), an organization that brings hedge fund managers and investors together to set standards for the hedge fund i

  3. FinTech - Danger: Crowdfunding on the wrong platform could force you to go public[more]

    From LinkedIn.com: Some equity crowdfunding platforms are putting startups at serious risk. Working with a platform that doesn't structure your deal appropriately could jeopardize your ability to raise future capital or worse, force you to become a public reporting company. The emergence of eq

  4. David Tepper says we're 'nowhere near an overheated' stock market[more]

    From Marketwatch.com: Billionaire David Tepper thinks comparing this current stock-market environment with the overheated markets of 1999 is "ridiculous." The hedge-fund manager, who runs Appaloosa Management, told CNBC in a phone interview on Tuesday that the market's record run, notwithstanding la

  5. Opalesque Exclusive: Altegris and Artivest partner on distribution for alternative funds suite[more]

    Bailey McCann, Opalesque New York: California-based investment firm Altegris has partnered with New York-based alternative investments platform Artivest on distribution for $1 billion in alternative funds. The partnership also launches Artivest's capabilities to offer alternative solutions to acc