HFA Launches Hedge Fund Manager Due Diligence Tool

by Phillip Morton, Investors Offshore.com

28 July 2005

The Hedge Fund Association has linked up with Intelysis Corp to provide its members with access to customized in-depth background checks on hedge fund managers, the HFA has announced.

Intelysis, a leading international fraud investigation firm with offices in Philadelphia, Toronto, and London, provides corporate investigative, computer forensic, and fraud auditing services to a wide variety of commercial businesses, governmental bodies, hedge fund of funds, venture capitalists, and law firms.

The Hedge Fund Association is an international not-for-profit association of hedge fund managers, service providers, and investors which was formed, in part, to raise the awareness of the advantages and opportunities in hedge funds.

Another aim of the HFA is to educate the investing public and legislators on the benefits, as well as potential risks, associated with investing in the different hedge fund strategies available.

The HFA believes its relationship with Intelysis will further its mission by creating additional transparency in the industry and to prevent rogue managers from preying upon uninformed investors.

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