Jason Scharfman, Esq., CFE, CRISC, CAIA (Head of Compliance Monitoring and Testing, Managing Director)
Jason Scharfman is the Head of Compliance Monitoring and Testing, Managing Director of Corgentum Consulting, a specialist consulting firm that performs regulatory compliance monitoring and testing,operational due diligence reviews and background investigations of fund managers of all types, including hedge funds, private equity, real estate, and long-only funds on behalf of institutional investors, including pensions, endowments, foundations, fund of funds, family offices, and high-net-worth individuals.
He is recognized as one of the leading experts in the field of regulatory compliance monitoring, testing and due diligence and is the author of several publications including Private Equity Compliance: Analyzing Conflicts, Fees, and Risks (Wiley Finance, 2018), Hedge Fund Compliance: Risks, Regulation and Management (Wiley Finance, 2016), Hedge Fund Governance: Evaluating Oversight, Independence, and Conflicts (Academic Press, 2014) Private Equity Operational Due Diligence: Tools to Evaluate Liquidity, Valuation, and Documentation (Wiley Finance, 2012), and Hedge Fund Operational Due Diligence: Understanding the Risks and (Wiley Finance, 2008). Mr. Scharfman has also contributed to the Chartered Alternative Investment Analyst (CAIA) curriculum on due diligence , has served on the organization’s Due Diligence, Risk Management and Regulation Committee, and holds the CAIA charter.
Before founding Corgentum, he previously oversaw the operational due diligence function for a $6 billion alternative investment allocation group called Graystone Research at Morgan Stanley. While at Morgan Stanley, Mr. Scharfman was also a senior member of a team which oversaw all of Morgan Stanley’s hedge fund operational due diligence efforts allocating in excess of $13 billion to a firm-wide platform of over 300 hedge fund managers across multiple investment strategies. Prior to joining Morgan Stanley, he held positions which primarily focused on due diligence and risk management within the alternative investment sector at Lazard Asset Management, SPARX Investments and Research and Thomson Financial.
Mr. Scharfman received a B.S. in Finance with an additional major in Japanese from Carnegie Mellon University, an M.B.A. in finance from Baruch College’s Zicklin School of Business, and a J.D. from St. John’s University School of Law. He is admitted to the practice of law in New York and New Jersey. Additionally, he holds the Certified Fraud Examiner (CFE) and Certified in Risk and Information Systems Control (CRISC) credentials.
Mr. Scharfman's additional experience includes consulting with the U.S. House of Representatives Judiciary Committee and providing training to financial regulators. He has also served as a consultant and testifying expert on hedge funds and due diligence practices in litigation and arbitration proceedings. Additionally, he has lectured on the subject of hedge fund operations and operational risk as an adjunct professor at New York University. Mr. Scharfman is a member of several industry organizations including the Information Systems Audit and Control Association (ISACA), the American Bar Association, the New York State Bar Association and the New Jersey State Bar Association. He has written extensively on the subject of regulatory compliance and operations risk management and due diligence monitoring and speaks worldwide on these topics.
Corgentum has developed a resource network which consists of former operational due diligence analysts from leading hedge fund allocators, hedge fund audit and tax professionals, fraud investigators, lawyers with significant hedge fund legal and compliance experience and information technology professionals with deep expertise in hedge fund technologies as well as business continuity and disaster recovery.
This functional expertise across multiple disciplines ensures that investors that partner with Corgentum will remain on the cutting edge of operational risk management.