For more stories like this, sign up for the PLANSPONSOR NEWSDash daily newsletter.
Products September 19, 2011
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.
Reported by
Rebecca Moore
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.You Might Also Like:
To What Does the DOL’s Proposed Framework for Plan Investment Fiduciaries Apply?
Experts from Groom Law Group and CAPTRUST answer questions concerning retirement plan administration and regulations.
What Kind of Near-Term Future Do Alts Actually Have in DC Plans?
While the Department of Labor estimated a $178 billion inflow to target-date funds based on its proposed safe harbor, plan...
What’s at Stake in the DOL Proposal Directing Assets to TDFs That Include Alts?
The Department of Labor’s $178 billion-per-year estimate would mean private assets make up nearly 3.7% of target-date funds, the dominant...