Our goal is to identify areas of vulnerability which could lead to the occurrence of a low probability high impact event.
Recent years have demonstrated that risks not related to the investment strategy itself but to its implementation had to be carefully researched to avoid bad surprises. Losses due to “non-investment” risks are rare but their impact can be far reaching.
A hedge fund, schematically, is the combination of four elements:
An investment strategy (long/short equity, global macro …)
People to implement the strategy (CIO, portfolio manager, COO, CEO …)
A structure to implement the strategy (trading, risk management …)
A structure to propose the strategy to investors (fund, administrator …)
Each of those elements carries its own risks which need to be analyzed in order to assess the fund’s overall risk.
Hedge Fund Appraisal has developed a thorough and detailed appraisal process to cope with the complexity and diversity of the “non-investment” risks present in hedge funds.
Our service is available through our proprietary innovative tool, the Research Gateway. This tool is a collaborative and flexible research platform where investors can come together to buy appraisal report on specific hedge funds.
