In Ocotober 2011, Advent and Quentin Thom, Managing Director, Amber Partners discussed Operational Sound Practices for COOs and what institutional investors look for when allocating to hedge funds.
Hedge funds have faced severe challenges over the last couple of years and investors and regulators alike are making increasing demands for greater operational efficiency, transparency and governance.
Topics discussed included:
• Valuation: is it transparent, consistent and independent?
• The Manager: structure and ownership of the firm, assets and products managed, staffing, infrastructure, business continuity and disaster recovery plans
• Trading, operations and accounting: are sufficient processes and procedures in place to ensure the timely capture and accurate recording of trades?
Please click below for the ondemand version of the discussion.
Amber Partners is a leading independent Operational Certification firm to the hedge fund industry and one of the foremost experts in the field of hedge fund operational due diligence.