New York (HedgeCo.net) – Vestment Alliance (eVestment), a global provider of institutional investment data. hedge fund intelligence and analytic solutions has acquired the Channel Capital Group, owners of HedgeFund.net (HFN), a source for hedge fund data, research and news.

“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. “Rapid changes are occurring in the hedge fund marketplace as institutional investors are allocating more to alternative assets and demanding even greater transparency as part of the manager due diligence process. eVestment’s impressive global institutional consultant and investor client base provides hedge funds a direct channel for increased visibility and asset placement opportunities. Likewise, our customers are asking for more data and eVestment provides a global scale and institutional network of clients to expand and enhance our hedge fund data and analytics offerings.”

eVestment’s dataset of over 20,000 institutional strategies will be combined with HFN’s 18,000+ alternative strategies. 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. HFN will retain its brand name as a component of the eVestment database and will continue to operate from its New York offices.

Alex Akesson
Editor for HedgeCo.net
alex@hedgeco.net
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