Monthly Archives: July 2014
Irish Firm Launches US Hedge Fund AIFM Services
New York (HedgeCo.Net) – Capita Financial Managers Limited announced it has been granted an alternative investment fund manager (AIFM) licence by the Central Bank of Ireland. “AIFMD requires fund managers to comply with a new and extensive set of regulations […]
Hedge Fund Investor Ramius Joins Up With State Street For Managed Futures Fund
New York (HedgeCo.Net) – $10.6 billion hedge fund investment platform and the global investment arm of Cowen Group, Inc., Ramius LLC., is seeking regulatory and shareholder approval to hire State Street Global Advisors, the asset management unit of State Street […]
Hedge Fund Prosecution Specialist Marc Berger Joins NY Law Firm
New York (HedgeCo.Net) – The former Chief of the Securities and Commodities Fraud Task Force and prosecutor who supervised the investigation and prosecution of multiple high-profile matters, including the prosecution of billionaire hedge fund manager of the Galleon Group, Raj Rajaratnam, has joined […]
Ex-Citi FX trading head Anil Prasad readies macro hedge fund
Economic Times – Former global head of foreign exchange at Citigroup, Anil Prasad, is preparing to launch his own hedge fund in the first quarter of 2015, three sources familiar with the matter said. The launch comes as global regulatory […]
Puerto Rico Focused Hedge Fund Group Adds 14 Members
Financial Buzz – A hedge fund group created in July, 2014 to support a new legislation enacted in Puerto Rico has attracted 14 new members. This information was disclosed by the coalition spokesman. According to Russ Grote, the spokesman of […]
Elliott Dislikes Argentina Litigation; Demands Derivatives Transparency
ValueWalk – Elliott International LP delivered 2 percent returns in the second quarter vs 5.2 percent for the S&P 500 total return index. Over a ten year period, Paul Singer’s hedge fund has generated over 253 percent compared to over […]
Should Apache Give in to This Activist Hedge Fund’s Demands?
The Motley Fool – Houston-based independent oil and gas producer Apache Corporation has emerged as the latest target in a wave of shareholder activism sweeping the energy industry. New York-based hedge fund Jana Partners wants the company to divest its […]
Japanese hedge fund challenges regulators in insider trade case
Reuters – A small Japanese hedge fund has made a rare challenge against financial regulators over a 2010 insider trading case, disputing a finding that one of its fund managers acted on an insider tip of a share offering by […]
SS&C GlobeOp Forward Redemption Indicator Down In July
New York (HedgeCo.Net) – The SS&C GlobeOp Forward Redemption Indicator for July 2014 measured 3.15%, down from 4.80% in June. SS&C GlobeOp’s data on the GlobeOp platform represents approximately 10% of the hedge fund industry. “July’s forward redemptions decreased by over 1%, but […]
Private Equity Continues To Provide Superior Returns Over The Long-Term
New York (HedgeCo.Net) – Private equity returns significantly outperformed the S&P 500 over the long term, according to the most recent Performance Update from the Private Equity Growth Capital Council (PEGCC). As of December 31, 2013, returns from private equity […]
Morgan Stanley Fined $275 Million For Inappropriate RMBS Offerings
New York (HedgeCo.Net) – Three Morgan Stanley entities have been charged by the SEC for misleading investors in a pair of residential mortgage-backed securities (RMBS) securitizations that the firms underwrote, sponsored, and issued. Morgan Stanley agreed to settle the charges […]
Mark Cuban to Investors: Get Out Of U.S. Companies That Run Overseas
Time – Companies are merging with foreign competitors to get tax breaks. Here’s what the notorious Mavs owner thinks of that. Dallas Mavericks owner and investor Mark Cuban has taken to Twitter this morning with some big thoughts about the […]
