Founded in 2002, HedgeCo.net quickly became the go-to source for hedge fund data, conferences, and fund marketing. By 2008, the site had passed 10,000 active users and tracked over 2,000 hedge funds. By 2013, HedgeCo.net had grown to 34,000+ users and covered 7,500 hedge funds, cementing its role as the most comprehensive public hedge fund directory of its time.
In 2008, the firm received a strategic investment from InterAtlantic Group, fueling expansion into fund administration (via G&S Fund Services) and technology. Soon after, founder Evan Rapoport shifted focus to launch SmartX Advisory Solutions, which became the fastest-growing TAMP in history — raising more than $33 billion for asset managers with equity backing from Morningstar and venture capital firms.
After stepping down from SmartX and serving as a Venture Partner at Social Leverage, Evan returned to his roots. In 2025, he reacquired 100% of HedgeCo.net with a bold mission:
2025 Relaunch Mission
- Expand coverage beyond hedge funds to all alternative investments
- Deliver a modern, advisor-focused experience powered by AI
- Keep HedgeCo.net the only truly free alternatives database
Today, HedgeCo.net is relaunching to surpass its prior scale of 34,000 users and 7,500 funds — aiming to become the world's largest and most comprehensive alternative investments database.