BarclayHedge Blog

Opinion Letter from Leading Securities Law Firm Supports Propriety
of BarclayHedge TV as Effective New Tool for Fund Managers
to Present Essential Information

FAIRFIELD, IA – April 12, 2010 – BarclayHedge, Ltd., one of the oldest and most respected global providers of alternative investment data and services, today announced the launch of BarclayHedge TV – a web-based capability that, for the first time in the alternative investment industry, will allow its registered managers of hedge funds, fund of funds and managed futures funds to create and make available videotaped presentations online for current and prospective investors.

BarclayHedge, which had begun accepting applications for its new BarclayHedge TV service, will arrange and oversee all aspects of its new video service, from scripting assistance to professional videotaping & editing to online hosting and updating.

In the highly regulated alternative investment industry, fund managers must adhere to stringent regulatory requirements regarding fund marketing, advertising and general solicitation, and historically those managers have been reluctant to seek new ways to communicate with investors. To address those concerns, BarclayHedge has secured an Opinion Letter from Drinker Biddle & Reath LLP – one of the nation’s most highly regarded law firms – supporting the compliance of BarclayHedge TV as it pertains to various sections of the Securities Act of 1933, the Investment Company Act of 1940, the Investment Advisers Act of 1940 and the Securities Exchange Act of 1934.

According to Sol Waksman, founder and President of BarclayHedge, Ltd., “Our listed fund managers can now, with the support of their in-house compliance officers, use our new BarclayHedge TV capability to explain their underlying value proposition and key fund features to thousands of qualified investors, and in doing so, distinguish their fund from its competitors. We believe this is an opportunity for funds to provide a higher level of transparency and interest among prospective institutional and high net worth investors. We think regulators and investors alike will welcome a tool that allows them to see, hear and evaluate the people and the thinking that drives various alternative investment strategies.” Mr. Waksman noted that industry research shows that investment decisions are rarely made on data alone, and that investors are influenced by insights into how a fund is designed and managed, which is an underlying purpose of BarclayHedge TV.

Labels: BarclayHedge press release, BarclayHedge TV, commodity trading advisor, CTA, funds of hedge funds, hedge fund performance, hedge fund research, hedge funds, managed futures

# posted by BarclayHedge @ 10:32 AM