Tag Archives: hedge fund


SEC Provides Guidance on Testimonials and Social Media

Dear Friends, On March 31, 2014, the SEC issued Guidance regarding Rule 206(4)-1(a)(1) of the Investment Advisers Act (“the testimonial rule”) and social media. The SEC generally prohibits client testimonials. However in its guidance, the SEC said client testimonials on independent social media sites are permissible, in certain circumstances, with the following important considerations: An investment adviser (“IA”) or investment […]

The Hedge Fund Industry Has Two Barriers to Entry – Can You Break Them?

The hedge fund industry is regarded as one of the most appealing sectors within the financial community. That appeal has created unprecedented demand for fresh talent and skilled investors who are looking to make their mark. But how difficult is it for job seekers to break in? “It’s a hard industry to break into if you don’t know the right […]

What Do Hedge Funds Want From New Employees?

Hedge funds have become some of the most exciting firms within the financial sector. It isn’t just the money that attracts job seekers — applicants are also drawn to the culture and fast-paced environment. Before applying for a job with a hedge fund, it’s important to know what the industry wants most when acquiring new talent. To find out, StreetID […]

How Connecticut Lost a $10 Billion Hedge Fund Manager

Edward Lampert is one of the wealthiest people in America. He is the chairman of Sears Holding Corporation and the founder and CEO of ESL Investments, a hedge fund that is estimated to be worth more than $10 billion. Up until last year, he brought most of his wealth to Greenwich, Connecticut. That changed as soon as the state raised […]

Dodd-Frank Caused a Compliance Hiring Boom

Few Wall Street professionals were thrilled about the implementation of Dodd-Frank and other forms of regulation. But it seems to have been a blessing for those who specialize in compliance. “With Dodd-Frank, with the regulations that came out of that, and with the regulations that are coming out still, I’m seeing lots of hiring of CCOs and lots of other […]

You Don’t Have to Move to New York to Start a Hedge Fund

When investors think of hedge funds, they picture the bustling streets of New York City. They may also think of London, Chicago, or the growing community in Florida. But while many hedge funds have thrived in those locations, you don’t have to move to one of those cities in order to make it big. “Obviously the vast majority are located […]

Hedge Funds Need a Unique Thesis if They Want to Succeed

There are thousands of hedge funds competing in the marketplace. They come in all shapes and sizes, but all too often they approach investors with the same thesis. “The things that everyone sees all the time are long/short and global macro, basically people that are saying, ‘We’re gonna be better than the market’ because we’ve got XYZ experience and we’re […]

Before Starting a Hedge Fund, Build Up Your Track Record

Earlier this month, Daniel Strachman, a financial expert who serves as the Director of Research and Strategy for the GAIM Conference Series, told StreetID that if hedge funds want to attract more capital, they need to tell a good story. “[Make] sure that they’re succinct in their message about what they’re doing with the capital they’re investing,” he said. Hedge […]

Identifying Hedge Fund Risk is Risky Business

We received an interesting question from one of our members earlier this week: “I was wondering if someone could give me an idea of where hedge funds are on the totem pole as far as risk with intangible investments. My guess is that they rank with growth mutual funds and are less risky than stocks but I would like a […]

How Much Money Does it Take to Start a Hedge Fund?

Contrary to popular belief, you don’t need a billion dollars to get a hedge fund up and running. According to Daniel Strachman, a financial expert who serves as the Director of Research and Strategy for the GAIM Conference Series, you can start with a relatively small amount of money. “It’s reasonable to think that a group of people could get […]