Author Archives: the HedgeCo News Team

About the HedgeCo News Team

The Hedge Fund News Team stays on top of breaking news in the Hedge Fund industry on an hourly basis. Signup to HedgeCo.Net to recieve Daily or Weekly news updates from our team.

Hedge funds record a strong first quarter and outperform MSCI World Index

New York (HedgeCo.Net) – While the end of the first quarter was down 0.18%, Hedge funds still had a strong first quarter performance generating $30 Billion. Strong returns posted by fund managers in the previous month saw hedge fund performance (Eurekahedge […]

Why Doesn’t Obama End the Hedge Fund Tax Break?

Slate.com – The Obama administration could disable one of the most powerful sources of wealth and income inequality in our country. Yet no one ever mentions it as a possibility. Don’t they know? There have always been disparities in income, […]

Hedge funds: the mysterious power pulling strings on Wall Street

The Guardian – Hedge funds, those financial funds run by extraordinarily rich men, are going mainstream. Not content to be investments for just the super rich and super connected, they are starting to offer services to the average investor. A […]

Hedge-Fund World’s One-Man Wealth Machine

WSJ – In the Back Bay neighborhood of Boston, one man is building a moneymaking machine that rivals some of the hedge-fund industry’s biggest names. Calls to his office go unreturned even from those eager to fork over eight-figure sums, […]

Chicago Financial Communities raise over $670K for local charities at Hedge Funds Care Gala

New York (HedgeCo.Net) – On May 8, the Midwest financial community gathered at the 12th Annual Midwest “Open Your Heart to the Children” Benefit organized by Hedge Funds Care/Help For Children (HFC). The event raised over $670,000, which will be […]

KPMG acquires Rothstein Kass to take place of largest Hedge Fund Administrator

New York (HedgeCo.Net) – KPMG LLP, the U.S. audit, tax and advisory firm, and Rothstein Kass, a leading professional services firm in the hedge fund industry, have entered into an agreement by which most of the principals and employees of […]

Liquid Alternative market grows with launch of new funds from 361 Capital

New York (Hedgeco.Net) – Liquid alternatives have seen strong industry growth, outpacing traditional hedge funds, according to “Going Mainstream: Developments and Opportunities for Hedge Fund Managers in the ’40 Act Space,” an April 2014 study by Barclays Prime Services. The […]

Hedge Fund interest in Alternative Mutual Funds apparent at the FRA Establishing a ‘40 Act Alternative Conference

New York (HedgeCo.Net) – At almost every hedge fund conference, a panel or two will present on the pros and cons of liquid alternatives, but when an industry grows 45% in the twelve months ended October 31st, 2013 to $129.8B […]

Allegations of Fraud Plague Hedge Fund of Democratic Super-Donor

Fox News Blog – The former hedge fund of one of the Democratic Party’s most important donors was allegedly involved in a scheme to defraud foreign investors out of tens of millions of dollars, according to documents filed in a […]

CrowdAlliance Launches New Equity Technology Platform To Connect Companies and Accredited Investors

New York (HedgeCo.Net) – CrowdAlliance, part of the Asset Alliance group of companies, designed and developed a state-of-the-art technology platform for issuers and accredited investors to meet in a unique online interactive marketplace. The CrowdAlliance platform will enable accredited investors […]

Joe Torre to Present manager of Marathon Asset Management with “Award for Caring”

New York (HedgeCo.Net) – Former New York Yankees Manager, Chairman of The Joe Torre Safe At Home Foundation, and prior recipient of the Hedge Funds Care/Help For Children (HFC) award, Joe Torre, will present Marathon Asset Management’s Bruce Richards with the […]

Hedge Fund Care to Honor Marathon Asset Management’s Bruce Richards

New York (HedgeCo.Net) – In recognition of his extraordinary dedication to philanthropy, Marathon Asset Management’s Bruce Richards will be presented with the Award for Caring during the 16th Annual New York Open Your Heart to the Children Benefit on Thursday March […]