eVestment Acquires HedgeFund.net

September 19, 2011 (PLANSPONSOR.com) - eVestment Alliance, a global provider of institutional investment data intelligence and analytic solutions, announced the acquisition of Channel Capital Group, owners of HedgeFund.net (HFN), a source for hedge fund data, research, and news.

The combined company will provide a single, global database serving institutional investment professionals who focus on either alternative or traditional investments, as well as “hybrid” investors who seek solutions to help them select and manage investments across both investment categories.   

eVestment’s dataset of over 20,000 institutional strategies will be combined with HFN’s 18,000+ alternative strategies.  Both will leverage the eVestment Analytics system, the platform for online manager comparisons, research, and competitive intelligence.  

“We are excited to join forces with eVestment and combine our established credibility with hedge funds with the most influential data and analytics provider in the institutional investment industry,” said Joel Schwab, COO of Channel Capital Group, in the announcement.