HedgeCo, Private Equity Firm Set Up Hedge Fund Incubator

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.


In Depth

Exotic Assets: Investing In Rare Violins

Jan 17 2017 | 4:43pm ET

By definition, alternative investments include exotic assets far beyond your typical...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

The Trump Administration: What It Could Mean for Carried Interest

Jan 19 2017 | 5:25pm ET

The arrival of the Trump administration brings the potential for a repeal of the...