Should Firms Disregard ODD Reservations?

Jul 12, 2017 11:30:10 AM

IMDDA Staff

July 14, 2017

If an operational due diligence (ODD) executive exercised their veto during the pre-crisis golden era of hedge funds, they would typically be shown the exit. The mid-2000s is littered with examples of out of work ODD professionals sacked for simply doing their job and refusing to sign off on an investment they thought was either risky or fraudulent.

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