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Association Offers Due Diligence Discount

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WASHINGTON (–The Hedge Fund Association is providing its members a reduced rate on customized background checks on hedge fund managers through a relationship with Intelysis Corp.

Intelysis handles fraud investigations worldwide through offices in Philadelphia, Toronto and London. The firm’s services include corporate investigative, computer forensic and fraud auditing.

HFA officials said hedge funds still suffer from misperceptions of high risk and volatility and that the group’s goal is to educate the investing public and legislators on the benefits, and potential risks, associated with hedge fund investing.

The access to background checks will further the HFA’s stated mission of creating additional transparency in the industry and preventing rogue managers from preying upon uninformed investors, officials said in a HFA press release.

Contact Bob Keane with questions or comments at: [email protected].