From COOConnect:
“Regulation means that fund managers are submitting large quantities of data to regulators. Though regulators have yet to do anything with it, hedge fund operational advisors Convergence LLC are proving that private sector firms can find plenty of valuable uses for the information which is available from just one form: the Form ADV submitted to the SEC by every manager of third party money in the United States.”
Read the full article, “Convergence Mines Form ADV data for operational benchmarks investors appreciate.”
