New Jersey formalises due diligence procedures

Thu Nov 5, 2009

The New Jersey Division of Investment recently approved a new set of due diligence procedures that detail the process of sourcing, evaluating and vetting of alternative investment managers, including hedge funds.

The process is divided into four segments - pipeline development, preliminary due diligence, full due diligence and legal review. The $68 billion...

ISSN: 2151-1845 / CDC10004H

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