Spirit Advisory takes police investigation techniques into the hedge fund marketplace

Thu May 3, 2012

New regulations are also prompting investors to take a serious look at due diligence

By Claire Makin

Nigel Loweth
Jerry Ohlson
Greg Ohlson
Key man risk has shot to the top of the due diligence agenda for hedge fund investors who want to participate in the industry’s benefits – but not its high profile blow-ups.

Enter Spirit Advisory Services, a specialist provider of investigation services, based in London. Founded in 2007 by Jerry Ohlson, ex-head of City of London Police Fraud Squad, Spirit has a 40-strong private network of professional fraud investigators around the world, and recently extended its expertise into the hedge fund arena.

Spying a gap in the market, in late 2011 Ohlson hired Greg Ohlson (his son) and Nigel Loweth to develop a due diligence investigation service for alternative investments at Spirit. Both men have many years experience in hedge funds and asset management at a string of blue-chip financial institutions, mainly in institutional sales.

So far, business has been brisk. Institutional...

ISSN: 2151-1845 / CDC10004H

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