College Bribe Scandal Indictment List

Mar 13, 2019 10:13:27 AM

The news of the college bribe scandal has rocked the United States from Hollywood to Main Street. The issue at hand for investors is to scrub the list and check for names of people that may work at funds. We saw a couple of names that we recognized! This scandal reminds us that due diligence is constant.

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Due diligence professionals need to fully understand the role of a fund administrator because they need to be able to properly question the processes and activities of that fund administrator when assessing an investment opportunity. The role of a third party fund administrator can vary widely from one fund to another and so it’s definitely not a case of one size fits all or one rule works for every occasion.

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2017 was the year when most people would agree crypto assets officially became their own asset class, with the market skyrocketing from $15 billion in January to over $600 billion by the time the year finished. In 2018, we saw further developments across the DLT space that hint at the directions that this asset class might evolve into.

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