HedgeWorld Markets has officially opened its hedge funds marketplace, HedgeFund Select, to U.S.-based accredited investors, qualified institutions, and investment advisors.
Qualified advisors can now research, invest in, and monitor single- and multimanager hedge funds via HedgeWorld’s password- protected, transaction-free online marketplace. More than 3,000 investors–including institutions, funds of funds, and advisors–have applied for membership, and more than 100 hedge funds have been selected to distribute their funds on the platform. The HedgeWorld marketplace was initially only available to HedgeWorld’s 32,000 members, but “we are now accepting applications from non-HedgeWorld members,” says Jeff Joseph, managing director of HedgeWorld (www.hedgeworld.com), which describes itself as a global provider of hedge fund information and investment products.