Andrew Schneider is a leading authority regarding hedge funds and related services. Most recently, he developed the group Global Hedge Fund Advisors. Mr. Schneider is the CEO and president of this group, which is an international firm that is quickly making its mark in the hedge fund industry. Prior to Global Hedge Fund Advisors, Andrew Schneider was a founding member of HedgeCo Networks, a hedge fund research and services firm. This firm provided consulting services to both new and existing hedge funds. Further, within this position Mr. Schneider was charged with the responsibility of overseeing more than 7,000 hedge funds, which included a community of more than 40,000 members.
Previous professional appointments include both Morgan Stanley as well as Prudential Securities. At Morgan Stanley, Andrew was a vice president who managed more than $100 million of high net worth individual assets as well as helped manage assets for institutions as well as high net worth clients. Further, he participated in numerous private placements, PIPE transactions and public offerings with a total value of $250 million. While at Prudential, Andrew Schneider was the number one producer and broker and, in fact, managed over $50 million in his first year with them.
Mr. Schneider has been quoted in several financial publications concerning the hedge fund community and has also appeared on financial networks such as CNBC. His expertise has proved to be critical in the accurate reporting of not just hedge fund issues, but other related financial topics as well. Some of these publications include the New York Post, Barrons, Markets Media and The Street.
Mr. Schneider attended The State University at Albany. He is also an active member of the American Heart Association, committed to the cause of research and development of alternative remedies for cardiac disorders.
”SPACs became interesting because just like any of these kinds of closed-end funds, some of them are very compelling and trading at such huge discounts to net-asset value," says Andrew Schneider, managing partner and founder of HedgeCo Networks. "You can get in right now in some of these at 50%, 60%, 70% discounts to NAV -- even computed in a conservative fashion."
The Street – April 2009
"Fund of funds (FoFs) are becoming increasingly popular investment vehicles, especially for investors interested in diversification,” Andrew Schneider, managing director of HedgeCo, told Markets Media. “However, many FoFs do not make allocations to emerging managers since preference is given to large funds with a credible record of past performance. This can hamper a FoF's returns; smaller funds can reap handsome profits due to their nimble size."
Markets Media – February 2011
Andrew Schneider of hedge fund services firm HedgeCo Networks said the two recently contacted him about working together, but he, too, hasn't been getting calls back since news broke about the lawsuit from Southern Avenue Partners.
"They're not returning any calls and that kind of scares me a little bit," he said, adding that he thinks there could be a lot of demand for a volatility fund given the rocky investment environment.
New York Post – May 2009
Andrew Schneider, co-founder of HedgeCo, a hedge fund database, makes a similar plea: If you allow hedge funds to publish returns, you smoke out the frauds more quickly.
Barrons – June 2009
