At Northstar we offer a wide range of risk management consulting services:
Outsourced Chief Risk Officer
Smaller hedge funds or funds with simple strategies may choose not to have a full-time CRO. For these funds, Northstar’s risk professionals can monitor daily risk levels, prepare reports, and participate in weekly or monthly risk meetings. Your outsourced CRO can review risk and performance data, prepare reports for internal use and for investors, discuss current market conditions, suggest strategies and provide other recommendations to help improve risk-adjusted performance. This risk-management-as-a-service model provides flexibility and is extremely cost-effective.
Early-Stage Hedge Fund Managers
For new hedge fund managers seeking to raise capital it has never been more important to clearly communicate to investors how you plan to monitor and manage risk. Many hedge funds will not have a full-time chief risk officer at launch. For these funds, we can help write risk policies and procedures, design reports, and prepare materials for business development and investor relations.
Risk Process Auditing
Our risk and software professionals can provide a complete audit of your existing risk management process. We will ensure that your process is consistent and well documented, explore key-man risk and systems vulnerabilities, and review external reports.