New York (HedgeCo.Net) – HedgeCo Networks LLC, a preeminent service provider to the hedge fund industry and operator of one of the most trafficked databases HedgeCo.Net is pleased to announce that its new liquid alternative investment platform, HedgeCoVest has signed 33 hedge fund managers operating 38 unique strategies to join the revolutionary hedge fund allocation tool. HedgeCoVest will feature 20 investable hedge fund portfolios at its public unveiling at Finovate Fall 2014 on September 23rd, 2014, with another 18 to be added in the coming months.
The platform is poised to revolutionize the way investors allocate to hedge funds through its proprietary trading technology, called the Replicazor. The Replicazor has the unique ability to replicate hedge fund trading portfolios in real time directly into an individual’s own brokerage accounts.
“The interest in the platform has been amazing. We are ahead of initial projections and encouraged by the number of leading fund managers who see the tremendous value of participating on the HedgeCoVest platform,“ says Evan Rapoport, CEO of HedgeCoVest.
A partial list of firms who have signed with HedgeCoVest includes: The Boston Company, Cornerstone Capital Management, Cognios Capital, Emancipation Capital, and Old West Investment Management.
“We considered creating a mutual fund, but the operational and regulatory onus was going to take too much time away from our trading. With HedgeCoVest, we are able to access an investor base that cannot be part of our limited partnership, with no additional burden on our compliance, trading, or operations.” says Joseph M. Boskovitch Jr, Co-Founder Old West Investments.
Compared to traditional hedge funds with minimum investments that often reach $1 million or more, HedgeCoVest allows clients to start with $30,000 and is open to all classes of investors. HedgeCoVest provides real-time performance and simple “Invest Now” technology, allowing clients to allocate or liquidate with one click. HedgeCoVest is designed to deliver the benefits of hedge fund investments with increased security, liquidity, and transparency for all investors with lower initial investments and simple flat fees.
About HedgeCo Networks
HedgeCo Networks manages HedgeCo.Net, the hedge fund database and community portal. HedgeCo has over 30,000 active members, and 7,000 service providers. HedgeCo.Net provides a platform for hedge fund managers, clients, and service providers. For more: www.hedgeconetworks.com
Additional Information
David Schroeder
Chief Marketing Officer
dschroeder@hedgeco.net
(561) 512-0002 Office
