Sidney Wigfall recently took a look at what needs to be done for due diligence in a post-Madoff world. These complex funds lack transparency, and it's imperative that they be monitored by proactive due diligence.
Due diligence is the process and set of procedures used to gather, analyze, and evaluate information about a particular investment and/or investment manager for purposes of deciding whether such investment opportunity is appropriate and prudent.
For more on what change with the oversight on hedge funds read Due Diligence: Implications for Investors In A Post Madoff World.
Sidney Wigfall will be joining us as a speaker at GAIM Ops Cayman. Find out more here.