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Deals & People September 20, 2011
eVestment Acquires HedgeFund.net
eVestment Alliance, a global provider of institutional investment
data intelligence and analytic solutions, has acquired
Channel Capital Group, owner of HedgeFund.net, a source for hedge
fund data, research, and news.
Reported by PLANADVISER staff
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 HedgeFunds’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.