US’s Chapwood cuts business risk for hedge funds

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.”

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