FAIRFIELD, IA – April 12, 2010 – BarclayHedge, Ltd., one of the oldest and most respected global providers of alternative investment data and services, today announced the launch of BarclayHedge TV – a web-based capability that, for the first time in the alternative investment industry, will allow its registered managers of hedge funds, fund of funds and managed futures funds to create and make available videotaped presentations online for current and prospective investors.
BarclayHedge, which had begun accepting applications for its new BarclayHedge TV service, will arrange and oversee all aspects of its new video service, from scripting assistance to professional videotaping & editing to online hosting and updating.
In the highly regulated alternative investment industry, fund managers must adhere to stringent regulatory requirements regarding fund marketing, advertising and general solicitation, and historically those managers have been reluctant to seek new ways to communicate with investors. To address those concerns, BarclayHedge has secured an Opinion Letter from Drinker Biddle & Reath LLP – one of the nation’s most highly regarded law firms – supporting the compliance of BarclayHedge TV as it pertains to various sections of the Securities Act of 1933, the Investment Company Act of 1940, the Investment Advisers Act of 1940 and the Securities Exchange Act of 1934.
According to Sol Waksman, founder and President of BarclayHedge, Ltd., “Our listed fund managers can now, with the support of their in-house compliance officers, use our new BarclayHedge TV capability to explain their underlying value proposition and key fund features to thousands of qualified investors, and in doing so, distinguish their fund from its competitors. We believe this is an opportunity for funds to provide a higher level of transparency and interest among prospective institutional and high net worth investors. We think regulators and investors alike will welcome a tool that allows them to see, hear and evaluate the people and the thinking that drives various alternative investment strategies.” Mr. Waksman noted that industry research shows that investment decisions are rarely made on data alone, and that investors are influenced by insights into how a fund is designed and managed, which is an underlying purpose of BarclayHedge TV.
BarclayHedge TV is also expected to reduce the considerable cost and time currently required of alternative fund managers, who often attend numerous conferences and face-to-face meetings with current and prospective investors, in order to establish trust and confidence, and to present key information – including their fund’s investment process, risk management approach, trade selection criteria and other unique characteristics. Mr. Waksman said, “BarclayHedge TV is not intended to replace ongoing communication between fund managers and investors; but we believe our online video service will provide an opportunity for fund managers to cost-effectively nurture existing investor relationships and to establish interest from new investors, which may help increase their fund’s assets under management.”
Fund managers interested in learning more about BarclayHedge TV may contact Richard Rubin at (641) 472-3456 or visit http://www.barclayhedge.com/barclaytv/. Fund managers or compliance officers wishing to review the Opinion Letter regarding BarclayHedge TV, may request a copy from Richard Rubin at email@example.com or call him at (641) 472-3456, extension 112.
BarclayHedge is a privately held company based in Fairfield, Iowa. Over the past 25 years, the firm has served institutional clients worldwide in the field of hedge fund and managed futures performance measurement and portfolio management. From its origin as a research specialist and performance measurement firm, BarclayHedge has developed complete portfolio of client services as a publisher, database and software provider, and industry consultant. BarclayHedge has created and regularly updates 18 proprietary hedge fund indices and 10 managed futures indices. These indices are utilized worldwide by financial media and investment consultants as performance benchmarks for the alternative investment industry.