In a recent report by a leading hedge fund industry group, it was found that a majority of hedge fund managers only reported to one hedge fund database. As a result, many groups reduced their exposure to potential investors and allocators by hundreds of groups and billions of dollars of potential investment.
Many reasons were given for not reporting, but the most reported response for not reporting was time. On average, it takes 2 hours per database to register and nearly 30 minutes per database a month to keep information current. Even after registering, many managers forgot to update their information regularly sending a poor message to potential investors.
At HedgeData, we remove the hassle of registering and updating your fund’s performance monthly to databases. With only one click, HedgeData quickly and economically updates your fund’s performance with the largest, most recognized databases in the world saving you valuable time needed to raise new assets, target investors effectively, and manage your fund’s strategy.
