More investors are turning to private investigators to check up on managers and they are just as interested in your private life as your resumé
The money just isn't flowing into your fund. In fact, although performance is good and investor meetings seem to go well, the assets have stagnated and you are wondering why. Could it be that something is wrong in your personal life that you do not know about? Could your wife be having an affair? Or is there something in your past that you might have forgotten about?
It is these types of questions that managers should increasingly be asking themselves as more and more investors turn to private investigators to check out the credentials of prospective managers - and they aren't just double-checking career history. Anything from securities violations to details of managers' personal lives are of interest to these sleuths.
It may seem intrusive, but...