Services / Asset Manager Due Diligence
Veracity develops detailed insight on the business practices and reputations of hedge fund and private equity managers.
Challenging Investment Landscape
- Demands for accountability and confidence in investment managers are increasing
- Margins for error in investment decisions are shrinking
- Regulatory scrutiny and pressures are escalating
Veracity's Asset Manager Practice
- Focused, independent inquiries into the practices and reputations of investment managers
- Early detection of potential concerns before investment transactions
- Detailed, contextual understanding of manager backgrounds developed through several layers of screening
- Clients include hedge funds, funds of funds, pension funds, family offices, and banks
A critical complement to operational due diligence provided by intelligence advisors with global reach
Veracity is now offering the same level of scrutiny we deploy in emerging markets on managers located in western markets. Our Asset Manager Due Diligence Practice services investors placing funds with US- and European-based asset managers for the first time and those requiring periodic updates on existing managers.
Our Approach
Our full reports typically feature three components: baseline information, critical checks, and reputational information. For US-based evaluations, we require a signed release from the subject to enable the retrieval of all baseline information in accordance with privacy laws.
Baseline Information
- Professional and educational history
- Corporate affiliations, including a review of conflicts of interest and undisclosed relationships
- Property records
- Comprehensive searches of legal records and government watch lists
- Regulatory records
- Full media research
Critical Checks
- Accounting firm arrangements
- Custodial arrangements
Reputation Information
- Targeted interviews of independently-identified sources
- Litigation, regulatory inquiries, or related issues placed in context
- Professional performance record
- Comparison of developed target list with references provided by subject
