HedgeCo Hedge Fund Capital Introduction Event

Hedge funds are well positioned for a good year in 2010 and are likely to continue their momentum into the end of the year, which will lead to additional gains for investors during the month of December, Hennessee research shows. Because of this optimistic forecast, hedge fund managers are ramping up their fund raising efforts.

In an effort to match up investors with hedge funds looking for new allocations, HedgeCo held the Fall 2009 Capital Introduction Round Tables. The event attracted 65 investors and 6 hedge fund managers. The investors were separated into 6 groups, while the hedge fund managers rotated at 20 minute intervals, enabling the investors to address each manager individually.

"Unlike other capital introduction events where the ratio of managers to investors is small, we take pride that our events have a substantial qualified investor turnout." Evan Rapoport, Co-Founder of HedgeCo Networks, said, "As a result of our conferences, investors have reported notable asset increases."

"I've been to a lot of capital introduction events and as a veteran Hedge Fund manager I can say that this has been the best event so far." Kurt Hovan, manager of Hovan Capital Management, said of the event, "The HedgeCo team did a terrific job in putting together a group of high quality investors, and giving the managers a format which enabled direct interaction with every investor. I look forward to attending future events."

The next event will be held mid-to-late January in NYC, it will also be a Round Table format and HedgeCo is currently accepting applications for new managers to present their funds to members of the alternative investment community.

“We hope to continue having these events and keeping the hedge fund community well networked.” Andrew Schneider, co-founder of HedgeCo Networks, said, “Networking is especially important as the economy continues to change, knowing what is going on in the hedge fund community and having connections in the industry is all-important.”

Recognized as having the largest attendance for any type of event in the hedge fund industry, the HedgeCo Networking Events have quickly become the top destination for generating new business and meeting new industry contacts.

Regulations Increase Need For Hedge Fund Administration And Law Firms

HedgeCo News Archive - New regulations and laws, including the recently enacted anti-money laundering and know-your-client laws are making the outsourcing of hedge fund administration more and more common, according to G&S Fund Services, who said "When administrating their own fund, many fund managers find they are in over their head."

"Last week there were expansions, as back and middle office service providers globally, caught up with the trend." Andrew Schneider, founder and co-principal of hedge fund research and services firm, HedgeCo Networks, said.

Privately owned hedge fund administration company, Opus Fund Services, today opened a Chicago office, appointing Stephen Giannone as the firms President. He has previously worked in senior management positions at Bear Stearns and Deutsche Bank and most recently at hedge fund administrators Spectrum and Omnium (formerly Citadel Solutions). Opus Fund Services is headquartered in Bermuda and has offices in New York, the United Kingdom, and the Cayman Islands.

And also in the off-shore news, hedge fund law firm, Conyers Dill & Pearman, announced an expansion into Cyprus. Conyers will launch its Cyprus practice out of its Moscow office and will advise on all aspects of Cyprus corporate law.

Cypriot law firm Antis Triantafyllides & Sons LLC (ATS) has entered into an arrangement with Conyers for mutual co-operation on Cyprus, Bermuda, British Virgin Islands, Cayman Islands and Mauritius work, and will assign a lawyer from their Cyprus office to Conyers' Moscow office.