eVestment Alliance is to act as Callan Associate’s data collection platform for hedge fund of funds and other alternatives strategies.
eVestment’s database serves as a central clearing house for institutional subscribers, while providing for a more efficient distribution platform for hedge funds that market to institutional investors and consultants.
Jim McKee, Senior Vice President of Hedge Fund Research at Callan, says: "We believe eVestment is the most capable and flexible survey data gatherer and provider in the hedge fund community. Consequently, we are excited to work with eVestment specifically for our hedge fund data needs, as it will enable our team to better manage, process and deliver consistent information to support our client’s investment decision-making process. Additionally, the relationship creates bandwidth for our team to spend more time on research and evaluation versus chasing managers for quantitative data."
"There is increased interest globally in alternatives as a broad category and we believe eVestment’s centralised delivery to consultants and investors will lead to better information and greater transparency for the industry," says eVestment COO and Founder Matt Crisp. "Our model has proven very effective for traditional asset classes and we’re already seeing significant momentum in the hedge fund space both in terms of relationships like Callan as well as in data coverage. Including eVestment’s recent acquisition of Hedgefund.net, the alternatives database is quickly approaching 10,000 active hedge fund, fund of fund and CTA strategies."
