Author Archives: Editor
Bernanke To Advise At PIMCO After Testing The Hedge Fund Waters
New York (HedgeCo.Net) – The former chairman of the US Federal Reserve has joined another institution not regulated by the Fed. From now on Ben Bernanke will be lead consultant at Deutsche Bank, Pacific Investment Management Company (PIMCO), which monitors assets of […]
Greece and Germany hold talks before crunch eurogroup meeting – live updates
Guardian – The Eurogroup will gather in Brussels this afternoon to discuss Greece’s reform plans, as Athens faces another IMF repayment on Tuesday. Follow the live updates here
Jon Aisbitt to step down as Man Group Chairman in 2016
Man Group announces that Jon Aisbitt intends to step down as Chairman and as a director of Man Group plc in May 2016 at the Company’s Annual General Meeting (AGM). A committee of the Board, led by the Senior Independent […]
Hedge Fund H Partners Wins Mattress Company Fight
Forbes – Hedge fund H Partners scored a victory on Friday in its bid to unseat directors from the board of mattress giant Tempur Sealy International, indicating widespread investor dissatisfaction with the company’s financial results and management. The win, however, […]
Why Hedge Funds Love To Go Offshore
Forbes – Hedge fund titan George Soros reportedly amassed $13.3 billion in deferred hedge fund fees and investment gains on those fees by moving his assets to Ireland and then to the Cayman Islands. Hedge funds love to set up […]
Ex-Goldman trader Lim’s hedge fund assets hit $500 mln – sources
Reuters – May 11 Guard Capital, a macro hedge fund led by two former top traders at Goldman Sachs and Noble Group will stop taking money from new investors from July 1 after a more than ten-fold increase in assets […]
For small biz, hedge funds are the new banks
CNBC – Investor Leon Black, like many peers, has urged caution given high market valuations. But the Apollo Global Management CEO said his $163 billion firm is rapidly expanding one of its business lines: lending money. “Credit in general is […]
Top US hedge fund managers earn $11bn in 2014, but worst in years
Guardian – The top 25 US hedge fund managers earned more than $11bn last year – one of their worst-ever years. It might sound like a lot, but the collective $11.6bn taken home by the 25 leading (all male) hedge […]
SEC Charges Four Former Officers of Delaware Bank Holding Company With Disclosure Fraud
SEC – The Securities and Exchange Commission today filed fraud charges against four former officers of Wilmington Trust for intentionally understating past due bank loans during the financial crisis. The former Delaware-based bank holding company was acquired by M&T Bank […]
Advanced Fund Administration (AFA) recognized for “Best Offshore Fund Administration (2015) – Cayman Islands” by AI Offshore
User Contributed News – We are extremely honoured to have been recognized for Best Offshore Fund Administration – Cayman Islands. AFA is a SOC I compliant fund administration firm offering a boutique service approach, providing comprehensive and cost effective solutions […]
Suit says hedge fund purposely pushing American Apparel to bankruptcy
NYP – Dov Charney, the ousted chief executive of American Apparel, could be vindicated if the latest shareholder lawsuit against the company — the fourth in three weeks — has merit. The complaint alleges a shareholder and investor in the […]
Northern Trust Hedge Fund Services Announces Portfolio Analytics and Compliance (PAC) Service
New York (HedgeCo.Net) – To address the increasing demands for transparency and operational controls faced by alternative investment managers, Northern Trust Hedge Fund Services today announced the release of the Portfolio Analytics and Compliance (PAC) service, a comprehensive guideline testing […]
