Hedge funds’ secret sauce is obscure data like satellite images. Here’s how the people in charge of spending millions on this data find the stuff worth buying.

Roberto Jedreicich gets to the point. The decision-maker on all things alternative data at Credit Suisse’s internal $650 million quant fund, QT, is flooded with pitches and meeting requests from new data vendors on the average day. But last week, at BattleFin’s Discovery Day in the opulent Plaza hotel in New York, it was more […]