Mon, Sep 26, 2016
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   |   
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. Star names struggle as smaller hedge funds make hay[more]

    From eFinancialnews.com: Many big-name funds have been hit by sharp reversals in markets, including US government bonds and UK stocks, and have struggled to extricate themselves from positions that have gone bad. According to data group eVestment, hedge funds below $250 million in size are up 4.1% t

  2. North America - Acela fight splits hedge fund Connecticut and old money enclaves[more]

    From Bloomberg.com: Connecticut’s residential coastline is two worlds, the one of newcomer millionaires and one whose wealth and New England roots span generations. Now, their differences over a rail route threaten to gum up plans for the U.S. Northeast’s fastest-ever trains. About 30 miles from Man

  3. Activist News - Caesars offers creditors another $1.6bn, would spell end of hedge fund ownership, Activist investors double chance of CEO exits[more]

    Caesars offers creditors another $1.6bn, would spell end of hedge fund ownership From Calvinayre.com: Casino operator Caesars Entertainment has improved its offer to junior creditors to over $5b, but the offer is only good until Friday. On Wednesday, Caesars added an extra $1.6b to the $

  4. Nobel Sustainability Trust, Prince Albert II of Monaco help launch major new initiative to drive sustainable technologies[more]

    Matthias Knab, Opalesque: The Nobel Sustainability® Trust ("NST") is leading a major new initiative to finance, incubate and accelerate the development of clean technologies. The initiative will start with the formation of the Nobel Sustainability Fund® ("NSF"). NSF will drive faster access t

  5. Comment - ‘Gut feeling’ measurable in hedge fund traders, How hedge fund managers can use blockchain to maximize benefits[more]

    ‘Gut feeling’ measurable in hedge fund traders From Laboratoryequipment.com: “Gut feeling” is an intangible – an automatic hunch – based on prior experience for some people. But the “gut feeling” is actually a measurable response developed in professionals doing some high-risk work, acco