BarclayHedge President Sol Waksman views the collaboration as a logical step to fortify its position as the leading one-stop-shop for hedge fund investors to source, compare, analyze and monitor existing and potential investments in the alternative space.
“We are proud to be able to partner with SwissAnalytics on this offering,” says Waksman. “Its comprehensive approach systematically scores each fund on more than 140 qualitative risk factors. It’s truly state of the art.”
Marc Enzler, SwissAnalytics CEO, adds “Our collaboration will not only enhance and complement both firms’ product offerings, but is also an important step in the right direction for the industry, as finally, the need for proper due diligence becomes apparent.”
The move comes as the industry moves past a horrendous 2008, highlighted by the revelation of Bernard Madoff’s immense ponzi scheme which overshadowed the otherwise massive fraud allegedly conducted by Tom Petters. These, along with several smaller frauds, the alteration of funds’ liquidity structures and a wave of suspended and gated redemptions have forced investors to realize the necessity of proper and complete due diligence procedures.
This partnership places the firms in a position to provide investors flexibility and professionalism in enhancing their due diligence processes going forward. Additionally, it indirectly serves to increase pressure on managers to improve their risk management procedures and operational efficiency.
“Our goal is to provide clients with wholly independent due diligence reports and active monitoring services across the entire range of hedge fund strategies anywhere in the world in a timely and cost effective manner,” states Enzler.
As a part of this exclusive offering, investors can receive a one-time 10% discount on their first completed due diligence report if ordered over BarclayHedge’s website.
BarclayHedge is a leading hedge fund data vendor and one of the foremost sources for proprietary research in the field of alternative investments. From its origin as a research specialist and performance measurement firm, BarclayHedge has developed complete client services as a publisher, database and software provider, and industry consultant.
SwissAnalytics is a privately held company with headquarters in Zurich, Switzerland. Its proprietary due diligence reports are compiled by experienced alternative investment professionals who work within a structured framework to ensure that every potential red flag is thoroughly-researched, analyst bias is minimized and the results of their analyses are directly comparable to one another.