IntegriDATA CEO, Mitch Schulman, discusses expense allocation challenges and opportunities. Investors, competition, and increases in cybersecurity and other costs are squeezing general partner margins. Allocating operating expenses is one option GPs can take to...
The SEC issued a Risk Alert identifying expense misallocation as one of the most widespread compliance problems facing private equity and hedge fund managers. The SEC’s objective in issuing the Risk Alert was “to encourage advisors to assess their [practices] to...
Read IntegriDATA’s Op-Ed at HFM Technology on hedge fund expense allocation. The avoidable mistake The spotlight is on PE for now, but hedge funds must recognise manual expense allocation as an operational problem After $41 million in expense misallocation...
Hedge fund Tillage Commodities filed a lawsuit last September alleging its fund administrator ignored its own security protocols when it fell for a spear phishing attack and inadvertently wired millions of dollars out of Tillage’s accounts. The fund admin has...
Any business has operating expenses, but for managers of the alternatives industry, like hedge funds and private equity, the accounts payable process is extra complicated. IntegriDATA CEO and Founder Mitch Schulman and Head of Business Development and Marketing Nick...
