Braden Perry talked yellow and red flags related to hedge fund disclosures with ValueWalk, during their investigation of Alexander Alternative Investments, a Florida investment firm boasting extraordinarily high returns.
“Presenting forward-looking guidance that appears substantially higher than industry standards is troubling,” said Braden Perry, a partner with Kennyhertz Perry, LLC, a Kansas City law firm specializing in securities and due diligence legal issues.
The investigation noted several discrepancies and red flags on Alexander Alternative Investments’ promotional material. Several factors of due diligence have been put forward, but true due diligence goes much deeper and is significantly broader.
There are few hard and fast rules for investment due diligence, which is why proper due diligence requires creativity coupled with common sense. Avoiding unnecessary surprises is a top priority when it comes to managing investment strategies and we believe critical judgments and decisions in the investment process are essential. Kennyhertz Perry has a deep understanding of the strategies needed and the know how to assess the contingent risks associated with investing. Whether it’s stocks, bonds, real estate assets or any other type of financial commitment we the more research and preparation completed prior to an investment, the better.
To read the entire article, please visit: http://www.valuewalk.com/2015/07/hedge-fund-due-diligence/