HedgeWorld And HedgeCall Combine To Strengthen Industry Position

by Carla Johnson, Investors Offshore.com

14 June 2001

HedgeWorld Ltd., an independent information source for investors in the global hedge fund industry, announced last week that it has acquired the assets of HedgeCall, a unit of the Investor Broadcast Network (IBN) providing audio and video streaming capabilities to the hedge fund and alternative investment industries.

William Gray, Chief Financial Officer of IBN, said: 'We are pleased to announce the sale of HedgeCall's assets to HedgeWorld. HedgeWorld.com's leadership in serving the hedge fund community provides a much larger audience for HedgeCall's media platform. The sale ... is a natural extension of our previous strategic marketing and content partnerships.'

HedgeWorld has plans to integrate HedgeCall's audio and video streaming services into the HedgeWorld.com web site, including presentations by hedge fund managers, over the next three months. Together HedgeWorld and HedgeCall have stated that they will offer clients a "bundled service" package featuring a complete multimedia investor information, communications and product distribution solution. The bundled package will combine a secure multimedia communications service with HedgeWorld's full line of capital raising services, allowing hedge fund managers to interact more seamlessly with prospective investors.

'HedgeCall's media capabilities significantly enhance HedgeWorld's core businesses,' explained Johann Wong, President of HedgeWorld, 'HedgeCall strengthens our position as the leading independent supplier of information and content to the hedge fund industry. It also complements HedgeWorld's capital raising services for managers.'

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