Hedonova: Investments beyond stocks

Think of Hedonova as a mutual fund for alternative assets. We invest in equipment and litigation finance, international real estate, music royalties, agriculture, startups, carbon credits, and more.

Loved by investors

Trustpilot
star

4.8| Reviews100+

Reviews.io
star

4.9| Reviews100+

Google Play
star

4.6| Reviews10+

AppStore
star

4.8| Reviews10+

What we offer

Hedonova simplifies investing by eliminating the need for individual research and market monitoring.

What are alternative assets?

Hero image

Most investor portfolios are made up of three key components: equity assets (like stocks), fixed-income assets (bonds), and cash or cash equivalents, like money market funds. Any other assets that don't fit into traditional financial investment categories like stocks, bonds, or cash investments are known as alternative investments.

Learn about alternative assets

Fund facts

SEC-registered

Hedonova Advisors is an SEC-registered Investment Adviser (CRD #324941).

Withdraw anytime

No lock-in period. No exit fee. Invest and redeem any time you want.

$10,000 minimum investment

The first investment should be $10,000 or more. No minimum on additional investments.

Tax pass-through

Hedonova offers a tax pass-through. In simple terms, pay taxes only in your country.

Performance

Hedonova has consistently delivered strong risk-adjusted returns since its inception, outperforming the S&P 500 index.

Hedonova vs S&P 500 since inception

  • Hedonova
  • S&P 500

38.71%

IRR

A performance metric that evaluates the fund's potential profitability based on investment duration, cash flows, and overall returns.

107.68%

Alpha over S&P 500

The absolute excess annual returns for the Hedonova portfolio over the S&P 500 are determined after adjusting for market-related volatility and random fluctuations.

54.61%

CAGR

A performance metric that quantifies the fund's annualized return, taking into account compounding effects, essential for evaluating investor performance.

Annual returns

  • Q1
  • Q2
  • Q3
  • Q4

Monthly returns

  • Hedonova
  • S&P 500

Risk-adjusted performance

Rolling 90-day sharpe ratio

The sharpe ratio assesses investment performance by comparing returns to risk. It is calculated by subtracting the risk-free rate from the fund's return and dividing the result by the standard deviation of the fund's returns. The rolling 90-day sharpe ratio provides an up-to-date assessment of risk-adjusted returns based on returns from the past 90 days.

Rolling 90-day correlation

The rolling 90-day correlation chart shows the connection between Hedonova's fund performance and a benchmark, typically a stock market index, across a 90-day rolling period. The correlation coefficient varies from -1 to 1, with values closer to 1 indicating a strong positive correlation, values closer to -1 indicating a strong negative correlation, and values near 0 suggesting minimal correlation.

Portfolio composition

We lease important equipment and machinery to large corporations and earn periodic income.

We offer funding to law firms for fighting commercial lawsuits, enabling us to participate in the distribution of settlement money.

Our approach is to invest in projects contributing to emission reduction and exploit price differences arising from geographical arbitrage.

Investments are focused on logistics assets like warehouses, vacation rentals, distribution centers, and high-yield properties like data centers.

Just like an ‘Angel Investor’ – one of those folks who bought in early and reaped the benefits – you too can be on the road to financial independence.

Balance held in banks and liquid treasuries to be used for future investment opportunities and redemptions.

Alongside a rapidly growing global population and demand for food, farmland offers a truly diversified investment opportunity with attractive long-term returns.

We buy legendary music albums and media assets like stock videos to earn royalties.

Diversify your investment portfolio to build generational wealth. Invest in fine art by contemporary artists that have historically risen in value.

Diversified across the world

What do we offer?

Real-time tracking

You can conveniently track your investment on your web dashboard or mobile apps, add more funds, make withdrawals, and perform all usual functions with just a few clicks.

Regular updates

You will receive weekly performance updates and comprehensive investment updates via email every quarter.

img / what you get
icon / fund / what-you-get / support

24*7 support

Our team is available 24*7 to support investors through various channels, including chat, email, phone calls, and WhatsApp.

icon / about / features / people

Investment professionals

Our dedicated team offers support with portfolio management and related services. We do not offer tax advice. Please consult your tax advisor for personalized guidance.

icon / fund / what-you-get / manager

Bespoke service

Clients have the option to reach out to a live representative at any time for assistance with various services and support inquiries.

Governance

Auditor

Haynie & Company

Auditors ensure we follow the best accounting practices, supporting our dedication to excellence in alternative investments. They also assess our valuation methods and their implementation.

haynie&company dark

General Counsel

Genevievette Walker-Lightfoot

Counsels guide us through regulations, ensuring high compliance standards and conformity to laws, positioning us as a promising alternative investment fund.

genevievette walker-lightfoot dark

Bankers

HSBC / Citi

Our alternative investment fund's global operations benefit from partnerships with major banks, ensuring the secure custody of client capital and access to strong treasury operations.

hsbc dark
citi dark

Administrator

CITCO

Fund administrators are responsible for the operational and administrative side of the fund.

citco dark

Meet some of our people

Alexander Cavendish  Chief Executive Officer profile picture

Alexander Cavendish

Chief Executive Officer

Alexander Cavendish, the Founder and CEO of Hedonova, holds degrees in applied mathematics and computer science from Zurich ETH. He has excelled in the financial sector at UBS and Morgan Stanley, focusing on derivative modeling and investment banking for European deep tech and fintech companies. Alex excels in alternative investments and portfolio management, blending academic insights with practical finance expertise.

Read Interview

arrow external
arrow external
arrow external
Suman Bannerjee Chief Investment Officer profile picture

Suman Bannerjee

Chief Investment Officer

Suman Bannerjee is the Chief Investment Officer of Hedonova. With over a decade's experience in emerging markets and alternative investments, including managing a $5 billion portfolio at Millennium Partners, Suman leads the team in making investment decisions across diverse asset classes while optimizing returns, managing portfolios, and considering tax implications.

Read Interview

arrow external
arrow external
arrow external
Jennifer Robble Chief Operating Officer profile picture

Jennifer Robble

Chief Operating Officer

Jennifer Robble is the Chief Operating Officer of Hedonova. She holds an MBA from INSEAD and a Bachelor of Arts (BA) degree from The George Washington University. With over a decade at Deutsche Bank, she excels in managing client relationships in OTC Clearing, Futures, FX, and Fixed Income Prime Brokerage. Her expertise includes alternative investments, portfolio management, and regulatory engagement.

Read Interview

arrow external
arrow external
arrow external
Genevievette Walker-Lightfoot General Counsel & Chief Compliance Officer profile picture

Genevievette Walker-Lightfoot

General Counsel & Chief Compliance Officer

Genevievette brings extensive expertise in compliance, risk management, and regulatory affairs. As the Managing Member of The Law Offices of Genevievette Walker-Lightfoot, P.C., she ensures SEC-regulated entities adhere to compliance standards. With ties to FINRA and previous positions at the Federal Reserve Board and the U.S. Securities and Exchange Commission, she is listed among The Hedge Fund Journal's Top 50 Women in Hedge Funds.

Read Interview

arrow external
arrow external
arrow external
Tariq Alwahedi Chief Financial Officer  profile picture

Tariq Alwahedi

Chief Financial Officer

Tariq is the Chief Financial Officer of Hedonova. He is a seasoned financial professional and CAIA charter holder with over two decades of experience investing in Middle East markets and offshore capital raising. As an INSEAD and Chicago Booth alumnus, Tariq was pivotal in founding Mubadala and as a principal investor at Investcorp, specializing in alternative assets. With rich experience, he adeptly navigates financial complexities.

Read Interview

arrow external
arrow external
arrow external
Ameer Esen Head of Investor Relations profile picture

Ameer Esen

Head of Investor Relations

Ameer is a seasoned finance specialist, excelling in investor relations and wealth management. Leveraging his background at Goldman Sachs and Citi, he thrives in investor communications and financial optimization. With a Master's in Finance from the National University of Singapore and a Bachelor's in Economics from The London School of Economics, he excels in investor relationship management.

Read Interview

arrow external
arrow external
arrow external
Elangovan Palanisamy Head of Technology profile picture

Elangovan Palanisamy

Head of Technology

Elango is an expert in web and mobile app development. He played a key role in Shopmatic's success, creating Google Spot with PWA and Google Firebase. With substantial experience in React.js from collaborations with Nissan and AT&T at Tech Mahindra, Elango excels in crafting automated solutions for web, Android, and iOS. Leading Hedonova's tech initiatives, he leverages cutting-edge technology to propel the company forward.

Read Interview

arrow external
arrow external
arrow external
Vida Antonijevic Vice President - Fund Administration profile picture

Vida Antonijevic

Vice President - Fund Administration

Vida Antonijevic is the VP of Fund Administration at Hedonova. She began as a Legal Associate and transitioned seamlessly to fund administration due to her experience with regulatory frameworks and corporate governance. She previously worked as a Junior Associate at Vukovic, Popovic & Partners, and as Chief of Staff at Never Too Late Media. Vida holds a Bachelor of Law degree from the University of Belgrade.

Read Interview

arrow external
arrow external
arrow external
Chitra Kadam Financial Engineer profile picture

Chitra Kadam

Financial Engineer

Chitra previously worked as a Research Software Engineer at Microsoft specializing in deep learning, natural language processing (NLP), and automated machine learning (AutoML). Proficient in Python and C++, she actively contributed to machine learning projects. With a BTech in Computer Science from the prestigious Indian Institute of Technology, her expertise significantly boosts Hedonova's financial technology initiatives.

Read Interview

arrow external
arrow external
arrow external

We are global

We are remote first, with offices in the USA, France, Singapore, and Switzerland.

greenwich office

Greenwich, CT

dover office

Dover, DE

Paris office

Paris

Singapore office

Singapore

Zürich office

Zürich

Taxed as capital gains

img / taxed

For US investors

img / taxed

For non-U.S. investors

Common tax-related questions

test

Performance-driven fees

Performance fee

Management fee

50% lower fee than the industry standard

Read more about the fees

Hedonova in the press

Invest in a diverse portfolio of alternative assets

Hedonova is the best alternative investment firm that invests in alternative assets like art, startups, equities, wine, and more. Hedonova is the best alternative investment firm that invests in alternative assets like art, startups, equities, wine, and more. Hedonova is the best alternative investment firm that invests in alternative assets like art, startups, equities, wine, and more. Hedonova is the best alternative investment firm that invests in alternative assets like art, startups, equities, wine, and more.