How Hedge Fund Alert maintains its difference

Russell Sherman of Press Profiles interviewed Hedge Fund Alert managing editor Howard Kapiloff, who has been with the publication for 20 years.

“Our model of news is a little bit counterintuitive,” said Kapiloff. “…We report what’s only exclusive to us.” That means, if the news appears in The Wall Street Journal, Bloomberg News or another publication, Hedge Fund Alert won’t cover the story unless it can meaningfully advance the news.

The weekly publication, which is delivered by email as a PDF file, focuses on hedge funds opening and closing, portfolio managers changing jobs, and regulatory issues, among other topics.

“We try to be somewhat sophisticated in that if we’re writing about a launch, we try to put it into perspective to provide useful information,” he said.

The publication was actually sold twice since the beginning of COVID. Kapiloff, who previously worked at American Banker and Investment News, among others, said his sources are often anonymous, and he says he often has to take the long game when reporting stories, which means that Hedge Fund Alert sometimes loses scoops.

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