Friday, 28 November 2014
Last updated 5 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.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...