Hedonova Review: An Alternative-Investment Hedge Fund for everyone

One of the most relevant industries of the modern financial management is the investment in hedge funds. The hedge fund industry is a heterogeneous group. One way to classify hedge funds is according to the investment strategy used, each offering a different degree of return and risk. Their historical return distributions provide with key information in order to understand the strategies behavior.

In todays review we will talk about Hedonova, which is an Alternative-Investment Hedge Fund. Before moving further in the review must know what is alternative investment.

An alternative investment is a financial asset that does not fall into one of the conventional investment categories. Conventional categories include stocks, bonds, and cash. Alternative investments include private equity or venture capital, hedge funds, managed futures, art and antiques, commodities, and derivatives contracts. Real estate is also often classified as an alternative investment.

About Hedonova:

Hedonova is a hedge fund open to everyone, investing in multiple non-traditional asset classes. Investors can invest via any payment gateway, and in turn, they will be allocated blocks, which are similar to shares in companies. Furthermore, the investors become members of a Delaware LLC 506(c) exempted fund. Most importantly, it offers a minimum investment ticket size of $1000, making it feasible for the general public to invest.

Team Hedonova:

Hedonova was founded in Jan 2020 by ex-employees of Davidson Kempner, one of the world’s largest hedge funds. The CEO is Alexander Cavendish who was previously with Davidson Kempner and Morgan Stanley and Suman Banerjee, who led alternative investments.

Name of the members of Team Hedonova are given below.

Alexander Cavendish : Co-Founder & CEO

Suman Bannerjee       :  Co-Founder & CIO

Aryan Birla                    :  Head of Investor Relations

Arthur de Smet            :   VP Operations

Richard Gerber           :    Partnerships

Why Hedonova:

This Hedonova Review will help you learn more about Hedonova’s investment offerings, including how the alternative investments on Hedonova are structured, and what your potential returns might be. You can read more about the criteria we use to review investment platforms here.

Hedonova is a hedge fund founded in 2020 with a team that includes alumni of equities trading and M&A at UBS and Morgan Stanley. They have been investing using their own funds since inception, and have now opened up to accredited investors.

Hedonova’s $1,000 investment minimum is quite a bit lower than many of the platforms they invest with, so may be a very attractive option for investors to get broad exposure to a diversified pool of alternative investment asset classes.

Hedonova also offers a $50 sign-up bonus, which is effectively an immediate 5% return on a $1,000 investment.

How to Invest in Hedonova?

Use the Link to Register yourself on Hedonova and get a 50$ joining bonus once you invest 1000$.

 Get 50$ Joining Bonus

Once registered you can add the bank account for money transfer. FX rate for the day will be provided. The units are allocated in 2-3 days depending on bank processing time.

The Fee is 2% per annum and 20% of the performance based on high watermark which means every year Fund needs to be higher than last year for the Manager to make any performance fees which makes their skin in the game.

Is Hedonova legit?

Yes, Hedonova is “legit” in the sense that it is a legitimate hedge fund (registered in Delaware) offering a legitimate alternative investment option to any accredited investor. Hedge funds are inherently risky investments, and prospective investors should carefully review the Hedonova offering documents before investing.

Highest Return:

Since its inception Hedonova has returned 56.4%. 2021 YTD returns are 86.1%. A large part of the returns is from crypto holdings. A fund has to return a stellar performance in order to overcome a fee of  2% of assets plus 20% of profits. Given the profits that managers take, Hedonova always deliver to investors the promise of market-beating performance.

Final Words

Hedonova offers a SEC compliant solution for creating a diversified actively managed global alternative portfolio for your investment. It sidesteps the problem of managing multiple accounts outside your country and high transaction cost. I have personally invested some funds in Hedonova and would be covering my portfolio performance on monthly basis. If the fund delivers good growth with expectations, I will be increasing my allocation as soon possible.

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