Thursday, 23 October 2014
Last updated 2 hours ago
Jan 31 2007 | 10:27am ET
Data provider HedgeCo and private equity firm Holding Capital Group are joining forces to seed and support emerging hedge fund managers.
Their new joint venture, HedgeCo Investments, will offer managers accepted into its incubation program a variety of services, including capital introduction, trading platforms, reporting technology, consulting, attorneys, service providers and marketers. Selected managers will also have access to HCI’s New York and West Palm Beach, Fla., office facilities.
“Motivated by the performance of the financial markets over the last several years, institutions and qualified investors worldwide continue to make unprecedented allocations to hedge funds,” Evan Rapoport, principal of the new venture, said. “This increase in demand has created an urgent need to identify early-stage hedge fund managers that can deliver consistent and scalable risk-adjusted returns.”
Prior to being accepted into HCI’s program, emerging managers will be subjected to rigorous due diligence, the firm said.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...