Castle Hall Diligence has appointed Dimitri Douaire as Director, RiskDiligence.
Douaire brings close to 20 years of due diligence experience, with a focus on liquid alternatives. Prior to Castle Hall, Douaire served as Director, External Public Investment & Credit Group for OPTrust in Toronto, where he developed all aspects of the due diligence process pertaining to liquid alternative investment strategies.
Douaire’s addition to the Castle Hall team responds to investor demand for the firm’s unique RiskDiligence offering.
“I’m excited to join the Castle Hall risk team,” says Douaire. “Castle Hall has identified a clear need in the marketplace to offer objective, independent risk due diligence across asset classes. The firm’s ‘Diligence Only’ model frees Castle Hall from the conflicts of interest which can arise in a traditional investment consulting model, where consultants typically recommend managers from a buy list.”
Castle Hall does not source investments or recommend funds, creating a clear segregation of duties in the institutional investment process. Within this unconflicted model, Castle Hall can deliver consistent and unbiased analysis of each third-party manager’s investment team, process, strategy and risk management function.
RiskDiligence is the evolution of Castle Hall’s partnership with SwissAnalytics, based in Zurich, Switzerland. After an initial strategic partnership in 2014, Castle Hall fully integrated the SwissAnalytics team and due diligence methodology within the Castle Hall diligence platform in January 2017.
“Dimitri is an excellent addition to our team,” says Christian Nauer, CEO of SwissAnalytics. “RiskDiligence offers a differentiated approach which has been warmly received by a growing client base. In particular, instead of emphasising reasons that may cause investment strategies to perform in line with expectations – or justify why a Manager is expected to outperform as a ‘buy’ recommendation – RiskDiligence is principally interested in reasons that could cause investment strategies to perform below expectations.”
