•  
• Tweet
•  
•        Print
•  
•         Track Keywords
•  
• 

Matthias Knab, Opalesque:

HFDDX is offering complete alternative investment due diligence reports at $1500 US. Industry professionals can simply go to www.hfddx.com and indicate their interest in sponsoring one or more DD Reports for $1500 each. When a given fund has attracted enough sponsors, HFDDX will produce the report. Sponsorships may be added or withdrawn at any time.

Ralph DiMeo, Managing Principal at HFDDX, explained the concept. "Our platform is extremely simple, and you can start immediately. Visit www.hfddx.com, register, and check off your funds. That will take only a couple of minutes. You can cancel at any time. We’ll let you know when we begin work. Your interest in any report is completely confidential until we start a report … at that point we disclose the report sponsors only to the manager of the target fund. Complete DD for $1500 should be attractive to anyone with real interest in any fund. By aggregating sponsors we alleviate the resource issues inherent in serious, proper due diligence. The 'crowdsourcing’ model makes DD far more efficient for everyone."

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 funds, government regulation, volatility, derivatives, investment banking, and many ot......................

To view our full article Click here