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

Will Liquid Alts’ Performance Sustain Future Asset Flows?

Aug 25 2014 | 10:34am ET

Liquid alternative investment funds saw the highest percentage of capital inflows...

Lifestyle

Hedgies, Economists and Musicians Mingle At Milkin Mixers In Hamptons

Aug 25 2014 | 6:00am ET

Leave it to Michael Milken to bring some gravitas and sweat to the Hamptons -- along...

Guest Contributor

Looking Ahead: What’s In Store For Managed Futures?

Aug 22 2014 | 12:52pm ET

The last five years were phenomenal for investors in equity indices. Will the next...

 

Editor's Note

    Get A Sneak Peak Of The Alpha Pages

    Aug 25 2014 | 11:21am ET

    As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…

 

Futures Magazine

July/August 2014 Cover

The time was right

Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...

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.