When conducting due diligence on hedge funds, which of the following is NOT typically considered?

When conducting due diligence on hedge funds, the street address of the fund is generally not considered a critical factor in the evaluation process. Due diligence typically focuses on aspects directly related to the fund's performance, management, structure, and regulatory environment, which are essential for assessing risk, returns, and investment strategies.

Fund structure is vital as it provides insights into how the hedge fund is organized, its investment strategy, fee structure, and leverage. Performance data is crucial for evaluating past returns, risk-adjusted performance, and consistency in achieving investment objectives. Legal considerations are also essential, as they involve understanding the regulatory environment, compliance, and any potential legal risks associated with the fund.

In contrast, the street address of the fund does not provide meaningful information that would impact an investor's decision-making or assessment of the hedge fund's quality or risk profile, making it less relevant in the context of due diligence.