People Moves

Duff & Phelps hires FoF vet for due diligence unit


Alan Swersky joined Duff & Phelps' New York office as a director in the firm's portfolio valuation service line and head of operational and risk due diligence.

The due diligence practice offers investors an independent third-party assessment of their hedge fund managers' operating policies and procedures. The practice assists a wide range of investors, including pension plans, endowments, family offices and fund of funds to assess the operational risks associated with their alternative investments and provides solutions to mitigate those risks.

Included in the investor services are reviews of fund legal documents such as the offering memorandum and subscription documents