LONDON, Oct 17 (Reuters) – U.S.-based investment firm Chapwood Capital has been launched to offer potential investors in hedge funds a way to cut the business risks of these vehicles, the company’s chief executive told Reuters on Monday.
The company will provide a raft of services for hedge funds, covering operations, technology, legal and compliance duties, accounting and reporting and risk management.
This ready-made infrastructure is reassuring for investors, Chapwood’s chief executive Craig Pollak said. “It’s investors’ money that is of tantamount importance … Business risks should not be understated.”