Hedge Fund Due Diligence Uncovers Serious Questions

Looking for out-sized performance? Perhaps following the Twitter account of Alexander Alternative Investments will help, and perhaps it won’t. The Florida-based firm’s account, @OutsizedReturn, will ultimately lead you to the firm’s website, where returns promises are whispered into an investor’s ear like sweet little nothings. But the tale of Alexander and its founder, Michael Corcelli, might be a cautionary one, highlighting how investors should, at a basic level, learn to identify “yellow” and “red” flag headline due diligence warnings.

Hedge fund due diligence: Consistent market out-performance, forward-looking promissory statements cause for investigation

“We are highly confident that our energy investments will...