Sunday, 28 December 2014
Last updated 4 days 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.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.