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Published on 4/26/2005 in the Prospect News Convertibles Daily and Prospect News PIPE Daily.

NCO Group inks deal with HedgeCo to offer hedge fund manager backgrounds

Nashville, April 26 - HedgeCo Networks announced a new online agreement with NCO Financial Systems Inc., a division of NCO Group Inc., on Tuesday in which NCO will provide HedgeCo.Net members access to investigative hedge fund manager background reports, which historically have been almost impossible to obtain for the average investor.

The background reports will include any inconsistencies in the fund manager's records and objective fund facts, which would help the investor make a more informed investment decision, according to a joint news release from the companies.

"As a result of the increasing amount of new hedge funds coming to market, it has become more important for every investor to conduct his own due diligence before making an investment. We are excited to be able to make this process easier through our partnership with a world class industry leader like NCO Financial Systems," said Evan Rapoport, a HedgeCo principal, in the prepared statement.

NCO Group provides financial services to business, such as outsourcing, accounts receivable services, customer relationship management and finance and accounting solutions.


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