Hedgebay Trading Corporation is to launch the world's first
hedge fund secondary market index in the latest sign of growing
interest in secondary trading as a mechanism for buying and
selling hedge fund investments.
Nassau-based Hedgebay has been providing a market for
matching buyers and sellers of hedge fund interests since 1999.
Elias Tueta, the co-founder of Hedgebay, believes the firm's
new index will act as a useful barometer of the current mood of
hedge fund investors and confidence in the hedge fund industry
The Hedgebay Hedge Fund Secondary Market Index will...