News & Events

Castle Hall, the hedge fund industry’s leading provider of operational due diligence, today announced that the firm has reached the milestone of 500 operational due diligence reviews. Building on this benchmark, Castle Hall also announced the launch of HedgeDiligence, a sophisticated web portal delivering due diligence information to the firm’s clients.

Chris Addy, Castle Hall’s President and CEO, said “our team is delighted to have completed our five hundredth due diligence review. Experience and judgment are critical when conducting effective due diligence, and Castle Hall’s fully independent due diligence process has now been applied to funds worldwide across the full spectrum of strategies and structures.”

Concurrent with the 500 fund milestone, Castle Hall has also launched HedgeDiligence, the firm’s client web portal. “Our technology platform, of which HedgeDiligence is the first component, has been a significant investment for Castle Hall” said Addy. “Going forward, every Castle Hall client will be able to access short and long form due diligence reporting, as well as view and search key operational metrics related to each fund in their portfolios, from a central, secure portal.”

Post Madoff, Castle Hall has experienced a new level of awareness from hedge fund investors related to operational risk issues. “Investors have realized that effective operational due diligence is now mandatory, not optional” commented Addy. “We believe our experience across what is now a very large number of funds, together with the flexibility and ease of use of HedgeDiligence, will help investors better understand and assess operational risk at each stage of the investment process.”