Sat, Apr 29, 2017
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. Opalesque Exclusive: Ex-Man manager combines sustainable investing with AI/ML[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Dr. Richard Bateson, quant fund manager and physicist, has recently

  2. Other Voices: "Winner-take-all" dynamics and hedge fund investing[more]

    A growing stream of thinking in microeconomics is the concept of "winner-take-all" dynamics. The idea seems simple. A combination of networking economics and classic economies of scale creates situations where there are just a few dominant firms or economic agents who are able to capture significant

  3. Investing - How Chipotle's comeback attracted big data robots and value investors alike[more]

    From Forbes.com: When William Ackman's ailing hedge fund Pershing Square Capital Management bet $1 billion on shares in Chipotle Mexican Grill beginning in July 2016, the stakes couldn't have been higher. Pershing Square was reeling from what would eventually be a near $4 billion loss in drugmaker V

  4. Gondor Capital sees challenges ahead for financial markets as two hedge funds post strong gains in Q1[more]

    Komfie Manalo, Opalesque Asia: Vincent Au, portfolio manager of New York-based hedge fund firm Gondor Capital Management believes that the remaining of the year would be challenging for the financial markets even as his two hedge funds maintain

  5. Service Providers - Colemore launches fee tracking service for limited partners[more]

    Following Colmore's successful launch in January 2017, the firm has announced the launch of FAIR.. FAIR is designed to help private equity investors independently validate fees and incentives charged by underlying managers, saving time and providing an extra level of comfort. There is a glob