February 15, 2017
Corgentum Highlights Compliance Trends in Release for New Hedge Fund Compliance Book
With proposed deregulation in the US and the continued development of other global legislation, issues relating to hedge fund compliance continue to be in the headlines on almost a daily basis. To focus on these trends Corgentum Consulting today issued a press release highlighting the newly released book by Managing Partner Jason Scharfman’s on the subject of hedge fund compliance. Hedge Fund Compliance: Risks, Regulation, and Management provides straightforward practical guidance for the development and analysis of a hedge fund’s global compliance program.
"Compliance is one of the fastest growing areas in the hedge fund industry. Hedge funds and their investors have accepted that it is no longer simply a check the box exercise. With proposed changes to established legislation such as Dodd-Frank by President Trump, compliance continues to remain a dynamic area that is critically important for the successful management of a hedge fund,” said Scharfman.
A comprehensive reference for industry professionals, the book examines the core functions of a hedge fund’s compliance program including the duties of the Chief Compliance Officer (CCO) and General Counsel (GC). Additionally, the book analyzes the increased use of compliance consultants as well as the emerging role of compliance technology in areas including information security, trade and email surveillance, and business continuity.
Hedge Fund Compliance features interviews with leading hedge fund compliance practitioners including Kent Wegrzyn (Managing Director at ACA Compliance Group) who said, "With increased regulatory scrutiny and investor demands, hedge fund managers need to implement appropriate compliance controls and resources to stay competitive in today’s world. ”
“A strong hedge fund compliance program benefits both fund managers and their investors by improving operating efficiency, oversight and transparency,” said Scharfman. "This book provides the fundamental tools to develop an understanding of core compliance concepts – skills that are now an essential requirement for success in hedge funds. ”
Hedge Fund Compliance: Risks, Regulation, and Management is available for purchase at the publisher’s website and Amazon.com.
January 25, 2017
Corgentum's Scharfman to Speak at Hedge Fund & Private Equity Emerging Manager Forum
There continues to be interest among investors in the new launches of both hedge funds and private equity funds. Additionally, there are a series of newer funds with relatively short track records compared to their peers. While these newer managers may present compelling investment opportunities, in many cases there may be a greater degree of operational risk associated with these nascent funds.
To comment on this trend Corgentum Consulting Managing Partner Jason Scharfman’s will be a featured speaker at the upcoming Hedge Fund & Private Equity Emerging Manager Forum. Mr. Scharfman will be giving a presentation entitled, "What do Investors look for when Performing Due Diligence on Private Equity Funds?" Questions that will be addressed during the session include:
- What do investors expect from their due diligence meetings?
- What questions should investors ask?
- How does the due diligence process differ depending on the private debt strategy?
- How can investors measure operational risk?