was established to meet investor calls for a higher standard
of corporate oversight within the hedge fund industry. As hedge
fund investors since the early 1990s, our principals have observed
alternative investments across a wide range of markets and have
seen the best, and worst, practice in fund governance.
Historically, offshore hedge fund directors have often struggled with conflicting interests and excessive portfolios of funds. They have not been sufficiently incentivised or even qualified to perform fiduciary duties to the best interests of the shareholders. As a result, investors have been repeatedly let down by an inadequate protection mechanism.
as alternative investments become more closely aligned with
the mainstream investment industry, they need to evolve their
governance function to meet the higher standards of oversight
demanded. Best practice requires independent board members
who are capable of understanding the investment strategy
and who are motivated to protect shareholders’ interests.
HedgeDirector has been developed to help raise that bar.