Fri, Apr 18, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Jesse Redmond starts hedge fund research and media company named Next Alternatives

Wednesday, January 23, 2013
Opalesque Industry Update- Jesse Redmond, co-founder of Evolved Alpha and Alpha Titans, has unveiled a hedge fund research and media company named Next Alternatives (Next).

The business leverages skills developed during Redmond's fifteen-year investment management career with his passions for media and technology. The initial offering is a hedge fund research service coined On Demand Due Diligence™. Next will evolve into a diversified research and media business in the coming quarters.

Redmond commented, "conceptually, On Demand Due Diligence™, is simple. For a flat fee I conduct a call or meeting with a hedge fund, record it, edit it and send the investor a file they can listen to on a computer, smartphone or tablet. The value lies in my ability to ask questions, the unfiltered responses, professional production and the power of time shifting. Rather than an investor scheduling their day around a call or meeting, they can listen on their schedule. I’m bringing TiVo to due diligence.”

Investors benefit from the over one thousand due diligence meetings Redmond has lead and the significant investment in his recording studio that utilizes the same equipment as professional podcasts and radio shows. Next believes better decisions can be made from listening to a professional meeting, rather than reading pre-fabricated forms completed by analysts or consultants. Redmond finds tremendous value in hearing voice inflection, pauses and other verbal cues a written report can’t capture. An optional transcription service is available for investors seeking a written copy of the meeting.

Next is developing web content, an interactive book and will debut a podcast later this quarter. Redmond elaborated, "all our efforts are inspired by the great Wayne Gretzky quote, 'I skate to where the puck is going to be, not where it has been.' Everything we develop is designed for mobile consumption and not limited to the desktop. We anticipate Next’s content will be consumed on smartphones or tablets as often as desktop computers." iPhone and iPad applications are also under development.

Please follow @nextalts on Twitter for updates on new products. jesse@nextalternatives.com

Press release

Bg

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Banner
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. Opalesque Exclusive: Classic Auto Funds Limited (CAF) launches several car investing funds[more]

    Bailey McCann, Opalesque New York: A new trend in alternative alternatives is emerging - car appreciation funds. Classic Auto Funds Limited (CAF) is the first to market with several funds that make super elite luxury cars into real asset investments. As a result of growing overseas demand couple

  2. Investing – Big hedge funds bought Puerto Rico's junk bonds, Fidelity explores new trading venue amid flash trade concerns, Crisis-era Greek bonds reward early buyers with big effective returns, Cargill unit discloses stake in Freddie preferred[more]

    Big hedge funds bought Puerto Rico's junk bonds From Reuters.com: Several large hedge funds doubled down on Puerto Rico in last month's giant bond sale despite the U.S. territory's financial struggles, the Wall Street Journal reported, citing confidential documents reviewed by the newspa

  3. Opalesque Exclusive: Hedge fund replicators evolve[more]

    Bailey McCann, Opalesque New York: Hedge fund replicators as a group of products tend to get a bad rap from hedge fund managers who suggest that the best a replicator can offer is dynamic beta capture. A

  4. Opalesque Exclusive: Pensions, endowments, family offices reconsider life settlement investments[more]

    Bailey McCann, Opalesque New York: Hedge funds were once the largest investors in the life settlement industry, now the industry is seeing more interest from pensions, endowments and family offices directly. Life settlements have always been considered a niche part of the investing landscape, an

  5. SEC allows investment funds to use social media[more]

    Bailey McCann, Opalesque New York: The Securities and Exchange Commission (SEC) has released new guidance letting investment funds and advisors use social media to promote client reviews. The guidance seeks to assist investment managers in developing compliance policies and procedures reasonably