View all newsletters
Sign up for our free email newsletters

Fighting for quality news media in the digital age.

  1. The Wire
June 25, 2021updated 21 Oct 2022 12:51pm

Pageant Media pays ‘$20m’ for Hedge Fund Alert

US-based Green Street has sold online news website Hedge Fund Alert to UK-based Pageant Media.

By Press Association and Press Gazette

Media mergers news tracker

US-based Green Street has sold online news website Hedge Fund Alert to UK-based Pageant Media.

The US site has been running for 20 years aiming to give an early take on deals and intelligence in the world of hedge funds in the US. Pageant already runs HFM and Eurekahedge.

Hedge Fund Alert is the fourth acquisition to be completed since Intermediate Capital Group bought a majority stake in Pageant Media in February 2020.

Pageant employs 350 staff and has turnover of around £30m a year.

Deal size: $20m (estimate from Flashes and Flames)

Select and enter your email address Weekly insight into the big strategic issues affecting the future of the news industry. Essential reading for media leaders every Thursday. Your morning brew of news about the world of news from Press Gazette and elsewhere in the media. Sent at around 10am UK time. Our weekly dose of strategic insight about the future of news media aimed at US readers. A fortnightly update from the front-line of news and advertising. Aimed at marketers and those involved in the advertising industry.
  • Business owner/co-owner
  • CEO
  • COO
  • CFO
  • CTO
  • Chairperson
  • Non-Exec Director
  • Other C-Suite
  • Managing Director
  • President/Partner
  • Senior Executive/SVP or Corporate VP or equivalent
  • Director or equivalent
  • Group or Senior Manager
  • Head of Department/Function
  • Manager
  • Non-manager
  • Retired
  • Other
Visit our privacy Policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications.
Thank you

Thanks for subscribing.

Country: UK acquirer, US target

Status: Confirmed

Source: press release.

Email pged@pressgazette.co.uk to point out mistakes, provide story tips or send in a letter for publication on our "Letters Page" blog

Select and enter your email address Weekly insight into the big strategic issues affecting the future of the news industry. Essential reading for media leaders every Thursday. Your morning brew of news about the world of news from Press Gazette and elsewhere in the media. Sent at around 10am UK time. Our weekly dose of strategic insight about the future of news media aimed at US readers. A fortnightly update from the front-line of news and advertising. Aimed at marketers and those involved in the advertising industry.
  • Business owner/co-owner
  • CEO
  • COO
  • CFO
  • CTO
  • Chairperson
  • Non-Exec Director
  • Other C-Suite
  • Managing Director
  • President/Partner
  • Senior Executive/SVP or Corporate VP or equivalent
  • Director or equivalent
  • Group or Senior Manager
  • Head of Department/Function
  • Manager
  • Non-manager
  • Retired
  • Other
Visit our privacy Policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications.
Thank you

Thanks for subscribing.

Websites in our network
https://www.newstatesman.com/events Spears World of Fine wine Elite Traveler Tech Monitor Leadmonitor