San Francisco
A HEDGE fund powered by ideas from anonymous contributors is attracting some prominent investors.
The San Francisco-based hedge fund Numerai announced US$6 million in new investments on Monday from a group including Union Square Ventures, the New York-based venture capital firm led by Fred Wilson.
Union Square Ventures is joining Numerai's previous partners, which include Peter Diamandis, a founder of Singularity University, and Howard Morgan, a founder of the unusually successful hedge...