Our directors Deanna Derrick and Robert Meschi sat alongside
other hedge funds experts this week at HFM's breakfast briefing
panel that we hosted in NYC. The final discussion of the year
within the thought leadership series addressed key trends in
operational due diligence (ODD) including investor expectations,
shifting priorities and recent developments in due diligence
questionnaires (DDQ). Read below for key themes of the
discussion.
Some things never change, but ODD is expanding
Just 15 years ago ODD was reserved to the largest firms, but
more recently smaller allocators and family offices investing in
hedge funds and private equity have adopted the practice. While
investors were previously at an arm's length from ODD,
they're now integral and becoming increasingly savvy and
specific in their questionnaires.