The Monterey, Calif.-based hedge fund TopTurn Capital, has put out a web video with slick production value and a professional surfer to help peddle their investment strategies. The ad appears to be the first of its kind in the industry, which was recently allowed to market in such a way after this summer’s passage of the JOBS Act.
With IPO activity on the rise, the New York Stock Exchange has been hosting “boot camps” to whip private companies into shape for going public. Here is what they learn.
The Securities and Exchange Commission today voted 4 to 1 to approve three provisions of the JOBS Act that would affect hedge funds’ ability to advertise. So what does this really mean for the industry?
Hedge funds are not likely to embrace their impending freedom to advertise and market to the masses. They view exclusivity, discretion, and mystique as superior qualities to attract clients.
Why the new crop of crowd-funding sites can’t promise you a payday.