Corgentum press release_3.11.13


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Corgentum press release_3.11.13

  1. 1. Corgentum Launches BackgroundInvestigation Service Establishing a FullyIntegrated Operational Due DiligenceSolutionFirst Independent US-Based Operational Due Diligence Provider toOffer a Comprehensive Service to InvestorsNew York, NY (PRWEB) March 11, 2013Corgentum Consulting, the leading provider of the industry’s most comprehensive hedge fundoperational due diligence reviews, today announced that the firm has launched a new backgroundinvestigation service, expanding its operational due diligence (ODD) offerings.Background investigations have become increasingly significant to assessing investmentopportunities. According to a recent Corgentum survey of ODD analysts, more than 90 percentfeel that background investigation is an integral part of the due diligence process.The firms investigative reviews will cover a comprehensive list of key background andreputational risks across five core areas, including criminal checks, litigation searches, regulatoryinquiries, factual information and media searches."Traditionally, consultants have outsourced the background investigation process to stand-aloneinvestigative firms or subcontractors, which incorporated a new risk for investors with regards tothe quality and consistency of the work,” said Jason Scharfman, Managing Partner of CorgentumConsulting. “By performing our own comprehensive background investigations in-house,Corgentum is the first ODD consultant to offer investors a true, full-service solution. Ourinvestor-focused reviews not only provide investigative data, but also actionable guidance as weassess and rate the risks to investors.”Corgentums new integrated, full-service solution offers investors and due diligence analystsseveral advantages, including:  Guidance on which key persons and entities to investigate  Customized investigations that review the unique background and reputation risks of each manager in context  Streamlined background investigations, including coordinating the signing of required releases and direct interviews with management 1|Page
  2. 2. Corgentums approach to background research is a bottom-up, comprehensive data drivenprocess. The background reviews are focused on providing investors with actionable fundmanager recommendations to help them make better informed investment decisions.For more information regarding Corgentums background investigations, please visit # #Notes to EditorsAbout Corgentum Consulting----------------------------------Corgentum Consulting is a specialist consulting firm which performs operational due diligencereviews and background investigations of fund managers. The firm works with investorsincluding fund of funds, pensions, endowments, banks and family offices to conduct theindustrys most comprehensive operational due diligence reviews. Corgentums work covers allfund strategies globally including hedge funds, private equity, real estate funds, and traditionalfunds. The firms sole focus on operational due diligence, veteran experience, innovative originalresearch and fundamental bottom up approach to due diligence allows Corgentum to ensure thatthe firms clients avoid unnecessary operational risks. Corgentum is headquartered at 26 JournalSquare, Suite 1005 in Jersey City, New Jersey, 07306. For more information visit, Story Link: 2|Page