Hedgebay Unveils Hedge Fund Valuation Service

Dec 20 2010 | 8:20am ET

Hedgebay, which provides access to the secondary market for hedge funds, has launched a pricing and valuation service to assist hedge fund investors in determining the present value of the assets in their portfolios. The consultancy service gives investors holding illiquid assets a confidential means of price discovery across their portfolio.

The Hedgebay Pricing & Valuation Consultancy Service provides clients with valuations for their portfolios and advises on how best to manage the component assets. The service specializes in pricing hard-to-value assets such as those that are locked up or side-pocketed, have long redemption periods or suspended rights or those in funds that are undergoing restructuring.
 
Hedgebay already has a number a clients using the proprietary service, including banks, funds of funds, auditors and liquidators.

“This service is not only of great benefit to the individual using it, but to the secondary market as a whole,” said Elias Tueta, co-founder of Hedgebay. “A wide-scale valuation and pricing system will bring greater transparency and efficiency to an area where there is currently only a limited amount.”

“The lack of a mechanism for valuation means that buyers and sellers on the secondary market have been basing pricing on one-off variable factors like liquidity demands and portfolio structure – which are determined by the needs of the individuals trading, rather than any basic statistics of valuation. This is causing volatile prices and uncertainty among investors.”


In Depth

Q&A: Pantheon’s McCrary Says Private Equity Market ‘Robust’

Dec 17 2014 | 8:32am ET

Dennis McCrary is a partner at Pantheon, a private equity firm with $32.2 billion...

Lifestyle

Cohen Donates $1.5M To GOP Governors Association

Dec 10 2014 | 7:13am ET

The Republican Governors Association raised close to $25 million from October 1...

Guest Contributor

Q&A With Daniel Gallancy: Institutional Interest In Bitcoin Is Growing Steadily

Dec 12 2014 | 7:54am ET

Daniel Gallancy is founder and CEO of SolidX, a provider of total return swaps for...

 

Sponsored Content

Editor's Note

    Guidelines for Guest Articles

    Oct 22 2014 | 9:46am ET

    We are always looking for guest articles from hedge fund managers and buy-side firms.

    If you are interested in submitting a contributed piece for possible publication on FINalternatives, please take a look at the specs. Read more…

 

Futures Magazine

December 2014 Cover

Futures 2014 person of the year

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.

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.