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August 22, 2018  

Due-Diligence Pros Scatter From UBS

Four operational due-diligence specialists have left UBS’ fund-of-funds division in recent months.The exits leave just two staffers on the operational due-diligence team. Among those gone is former group head Jay Nicholas, who launched a Connecticut hedge fund-governance firm called Genesis Point on Aug. 1.Nicholas had joined UBS in 2000 from PricewaterhouseCoopers. There’s no word on the identities of the other staffers who left, or...

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