Mon, Oct 24, 2016
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

RIA Info comes to market offering radical transparency on the hedge fund industry

Monday, February 10, 2014

Bailey McCann, Opalesque New York:

A new site is online that offers a pretty radical amount of transparency about hedge funds and advisers. RIA Info looks a little basic at first blush, but for a fee, the site makes it possible to download any administrator, prime broker, or auditor's client list and see where that list intersects with the list of other service providers.

Apart from offering transparency, the site also makes it harder for administrators to exaggerate the amount of assets they have under administration. The site could also make third party marketers maintain a higher level of accuracy in their information, given that relationships are now easily identifiable.

According to sources familiar with the site, the data comes from a combination of proprietary algorithms that gather information, and the most recent SEC filings. Users can search based on a variety of filters including location, strategy and size. Sources say the ability to sort by size will mean more competition from smaller firms that will now be able to figure out competitors and friendly referral sources in various markets.

Based on search data, the overlap between service providers like Ernst&Young and Goldman Sachs can be surprising. Users of the data will be able to get confirmation on industry rumors whenever moves take place. The website's creator prefers to remain anonymous, and based on the FAQ, unhappy users are unlikely ......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. M&A - U.S. hedge fund HarbourVest is shock winner in the £1.1bn SVG Capital takeover saga, Hedge fund Parvus shows hand, toppling William Hill merger deal[more]

    U.S. hedge fund HarbourVest is shock winner in the £1.1bn SVG Capital takeover saga From The fierce battle to buy Britain's biggest private equity group has come to an unexpected conclusion, with the original bidder walking away with the prize. SVG Capital has agreed

  2. Marc Lasry: Energy is still a phenomenal opportunity[more]

    From Distressed debt specialist Marc Lasry said energy debt is still a "phenomenal opportunity" because investors can get "massively overpaid" for the risk they take on. There are "huge opportunities" in the energy sector especially in restructurings, the Avenue Capital Group CEO said Tues

  3. Opalesque Exclusive: Ex-SAC manager re-emerges with market neutral hedge fund[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: A manager re-emerged from the SAC battleground last year to launch his own hedge fund under the umbrella of New York-based investment firm Endicott Group.

  4. North America - Hedge-fund manager Kyle Bass says the U.S. is on track for stagflation, Billionaire hedge fund titans Dinan, Lasry on election, markets and best investment ideas[more]

    Hedge-fund manager Kyle Bass says the U.S. is on track for stagflation From Kyle Bass, founder of Hayman Capital Management, on Wednesday warned that the U.S. is headed toward so-called stagflation. Stagflation is typically described as persistently high inflation and hi

  5. Other Voices: Follow the advice of investment consultants - I think not[more]

    Mark Rzepczynski, Founding Partner, Chief Investment Officer AMPHI Research and Trading, writes on Harvest Exchange: Investment consultants are a force to the reckoned with in the pension world. They advise and drive many pension decisions around the globe. Consultants literally control trillion