Live Breaking News & Updates on Nd Abu Dhabi Quot We Increased The Number Of Feeders In Euro Jurisdictions And Middle East Because 39 Ve Been Seeing Demand From These Regions

New York [US], January 17 (ANI/PRNewswire): Hedonova, an alternative investment fund with headquarters in Los Angeles, California, and offices across the globe, has recorded strong growth in returns as well as an asset base. Hedonova generated returns of 32.8 per cent post fees in 2022. In a short span of 3 years since its ambitious launch in 2019, Hedonova has seen exceptional growth in multiple avenues of its business. Assets under management increased from USD 160 million to USD 400 million. The fund generated post fees returns of 32.8 per cent largely driven by its litigation finance and carbon credit holdings which, as separate asset classes, have generated returns of 58 per cent and 265 per cent. Startups and wine investments were the laggards in the portfolio losing 14 per cent and 6 per cent in 2022. Hedonova's assets under management increased from USD 160 million to USD 400 million which includes assets added on when it acquired Chinese asset manager Qingdao Holdings, whi ....

New York , United States , British Virgin Islands , Abu Dhabi , Los Angeles , Alexander Cavendish , Suman Bannerjee , Qingdao Holdings , Investment Fund , South East Asian Markets , Middle East , Alternative Investment Fund , New York Us , Anuary 17 Ani Prnewswire Hedonova , N Alternative Investment Fund With Headquarters In Los Angeles , Nd Offices Across The Globe , As Recorded Strong Growth In Returns Well An Asset Base Hedonova Generated Of 32 8 Per Cent Post Fees 2022 Ina Short Span 3 Years Since Its Ambitious Launch 2019 , Edonova Has Seen Exceptional Growth In Multiple Avenues Of Its Business Assets Under Management Increased From Usd 160 Million To 400 The Fund Generated Post Fees Returns 32 8 Per Cent Largely Driven By Litigation Finance And Carbon Credit Holdings Which , S Separate Asset Classes , Ave Generated Returns Of 58 Per Cent And 265 Startups Wine Investments Were The Laggards In Portfolio Losing 14 6 2022 Hedonova 39s Assets Under Management Increased From Usd 160 Million To 400 Which Includes Added On When It Acquired Chinese Asset Manager Qingdao Holdings , Hich It Acquired In May 2022 Alongside Increased Aum , Lientele Increased Too Hedonova Primarily Serves European And Asian Institutional Investors Us High Net Worth The Number Of Clients From 2900 To 3600 With Doubling Increasing By 30 Per Cent As 39s Cio Suman Bannerjee Encapsulates Year Quot Closing 33 Returns Validates Our Efforts Is In Line Long Term Strategy Making Alternative Investments Accessible We Aspire Upscale Business Further Enhance Product Offerings Coming Years Through Consistent Execution Assets Under Management Have Crosseda Revenue Usd 160 Million 400 Are Projected Grow 200 Fiscal Opened Two More Offices 2022 Singapore Riga , Atvia Singapore Serves As An Investor Relations Office Serving South East Asian Markets And China While The In Riga Isa Development Center Managing Trading Technology Operations Mobile Interfaces Hedonova Operates Through Extensive Master Feeder Model Where Fund Is Usa Funds Are , Nd India In 2022 , He Feeder Fund Network Was Expanded To The British Virgin Islands , Nd Abu Dhabi Quot We Increased The Number Of Feeders In Euro Jurisdictions And Middle East Because 39 Ve Been Seeing Demand From These Regions ,