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Tremont Group Holdings, Inc., a Delaware corporation headquartered in Rye, New York, is a hedge fund that was a feeder fund to Bernard Madoff's investment advisory firm in the Madoff investment scandal. It was the second-largest feeder fund to Madoff's firm, after Fairfield Greenwich, earning fees of 2% of assets for sending customers' cash to Madoff. ==History== Tremont Group was founded in 1985 by money manager Sandra Manzke, who was its chief executive officer from May 1994 to August 2000, and co-CEO until 2005. It owns Tremont Partners and Tremont Capital Management (formerly Tremont Advisers), a hedge fund of funds.〔 Tremont Holdings also has offices in London, Toronto, and Hong Kong. Its subsidiaries are regulated by the U.S.'s Securities and Exchange Commission and National Association of Securities Dealers, the U.K.'s Financial Services Authority, the Ontario Securities Commission, and the Hong Kong Securities and Futures Commission.〔 Tremont Group invested with Madoff, who had a close business relationship with Tremont executives Manzke and Robert I. Schulman, starting in 1997 via its Rye Investment Management division, headquartered in Rye, New York.〔〔 Massachusetts Mutual Life Insurance Company's Oppenheimer Funds Inc. unit paid $140 million to purchase Tremont from Manzke in 2001.〔〔 Manzke left Tremont in 2005. In January 2006, Rupert A. Allan became President of Tremont Group.〔 In June 2007, he was also named CEO of Tremont Group, replacing Schulman, who remained chairman of Tremont Group until his retirement in July 2008.〔〔 Sean Richardson of Tremont Funds wrote the encyclopedic entry entitled "Due Diligence" in the ''Encyclopedia of Alternative Investments'' (2008). He wrote in part: Due diligence is ... verification into the financial statements ... of a business ... associate. Failure to conduct proper due diligence can lead to .... monetary loss, as well as litigation. Due diligence is of great importance in the hedge fund space.〔 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Tremont Group」の詳細全文を読む スポンサード リンク
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