HedgeCo Confirms Report – Expansion And New Hires
Thursday, November 5, 2009 : PermalinkNew York (HedgeCo.net) – Hedge Fund Alert reported this week that the fund-marketing arm of HedgeCo Networks is hiring again as it gets ready to open offices in Naples, Fla., and San Diego.
After cutting staff over the past 18 months, HedgeCo also recently added to its staff in West Palm Beach, Fla., HedgeCo Securities, which also plans to hire two or three marketers for each of the two new offices, which it intends to open in a couple of weeks, HedgeCo can confirm.
HedgeCo Securities is expanding after the signing of new clients, including SeaBreeze Partners, the Palm Beach, Fla., firm led by CNBC commentator Doug Kass.
The firm hosted a New York conference on Oct. 13, ‘Starting A Hedge Fund In The Post-Madoff Era’, organized by Andrew Schneider and Hedgeco Networks. 220 managers, investors and service providers came together at the U.S. Trust Building to hear Joe Goldstein and Ron Geffner, among others, discuss the future of startups in the hedge fund industry.
HedgeCo Networks, founded by Evan Rapoport and Andrew Schneider in 2002, also has an office in New York. The parent company offers a variety of hedge fund services, and its HedgeCo Securities unit conducts third-party marketing and capital-introduction services. It also introduces prime brokers to prospective fund-management clients.
On Nov. 10, HedgeCo Securities is holding the Fall 2009 Capital Introduction Round Tables, also in New York, with the goal of putting investors together with six fund managers.
Alex Akesson
Editor for HedgeCo.net
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