Asset Alliance Acquires Stake in HedgeCo Networks

NEW YORK - Oct. 16, 2013 - PRLog -- Asset Alliance, a multifaceted investment management firm specializing in alternative investment management, has acquired an equity stake in HedgeCo Networks, a financial services firm focused on hedge funds and the operator of HedgeCo.Net, the world's most trafficked database for hedge fund information.  Asset Alliance's investment strengthens the strategic partnership between the two firms and collectively broadens their ability to service the alternative investment community.

HedgeCo Networks brings in Asset Alliance just as it prepares to launch HedgeCoVest, a separately managed accounts platform for the hedge fund industry.  "Asset Alliance is an ideal partner for HedgeCo, particularly now as we are in the final stages of rolling out our SMA platform," said Evan Rapoport, CEO and Founder of HedgeCo Networks.  "Their brand name, reputation, and experience within the hedge fund community are second to none, and we are extremely pleased to partner with them as we unveil HedgeCoVest to the alternative investment community."

Asset Alliance has worked with institutional investors and high net worth individuals since 1996.  From operating its seeding of hedge funds and mutual funds, to providing advisory services in developing innovative structured products for some of the world's largest financial institutions, Asset Alliance continues to be a leader in the hedge fund industry.

“We at Asset alliance are pleased to be an equity owner and partner with the HedgeCo team.  Asset Alliance has been one of the leaders and innovators over the last 18 years of multiple products that have changed our industry.  Our partnership with HedgeCo continues our mission to  provide new, innovative products for the retail, HNW and institutional investor.” says Bruce Lipnick, CEO and Founder.

About HedgeCo Networks

HedgeCo, LLC operates HedgeCo.net, the world’s most trafficked hedge fund database, providing premier intersection of hedge fund managers and investors.  HedgeCoVest will now take the database to the next level by providing an innovative platform for investors to effectively allocate to hedge fund strategies. In addition, HedgeCo Networks also offers a variety of services devoted to the specific needs of the hedge fund industry including public relations and marketing campaigns, video production services, start up consultation, seeding, third party marketing, and prime brokerage introductions. For more information, please visit (http://www.hedgeco.net/)

About Asset Alliance

Asset Alliance is a multifaceted investment management firm, founded in 1996 with offices in New York, Chicago, and Newport Beach. The firm offers strategic opportunities for highly skilled hedge fund managers, provides advisory services to organizations worldwide; and manages investment products for high net worth and institutional investors.  It also has a business and wealth management subsidiary for Athletes and Entertainers.  In 2013, Asset Alliance launched Crowd Alliance to create a successful platform and establish a dominant position within the emerging Crowdfunding space.  For more information please visit www.assetalliance.com and www.crowdalliance.co