16/04/20

From Global Regulation & Policy

Alternative Investment Fund Due Diligence – Better Safe Than Sorry

What is an Alternative Fund? It is any fund that invests in assets other than listed stock, listed bonds, and cash. Alternative investment Funds can invest in assets such as real estate, timber, shipping, auto leasing, art, or even tulip bulbs. Due Diligence is the process of doing the required research to make fully informed choices about anything, including an investment. Professional Due Diligence is not a noun, it is a verb. Admittedly this a bit of hyperbole. Why the exaggeration? Because as both a licensed investigator and a Certified Due Diligence Professional, I see the corpses of fund frauds, oversights, and errors, knowing they could have been avoided or prevented.