Hedge Fund News From HedgeCo.Net

Category Archives: HedgeCo News

Blackstone’s New “Big Bet” Hedge Fund

New York (HedgeCo.Net) – Hedge fund investor Blackstone is preparing to launch a new hedge fund that will will have to up to 30 teams of seasoned investors with $100 million each to play with, according to a report by […]

SEC Adopts Asset-Backed Securities Reform Rules

New York (HedgeCo.Net) – The Securities and Exchange Commission has adopted revisions to rules governing the disclosure, reporting, and offering process for asset-backed securities (ABS) to enhance transparency, better protect investors, and facilitate capital formation in the securitization market. The […]

AllianceBernstein Continues Liquid Alts Push With New Fund

New York (HedgeCo.Net) – AllianceBernstein is no stranger to alternative investments – the firm overseas and manages $18 billion in alternative investment strategies, $4 billion of which is in liquid alternatives. In 2010, the firm purchased the alternative investment business […]

BNY Mellon Loses Argentina Trustee Role, Sued by Hedge Funds

Zacks – The Bank of New York Mellon Corporation (BK – Analyst Report), the center of legal dispute that pushed Argentina to default for the second time in 13 years, is no longer authorized to operate in the country. The […]

Top Hedge Funds In Q2: Citadel, Renaissance & Millennium Management

New York (HedgeCo.Net) – A review of 2014 Q2 13F filings by US-based pure play hedge funds show that information technology and healthcare stocks saw the largest growth in new hedge fund buying activity during Q2 2014, with Allergan and […]

Hedge Fund Mergers: Kanaly Trust Partners With Meritage Capital

New York (HedgeCo.Net) – $2 billion adviser and wealth management firm Kanaly Trust has partnered with Meritage Capital, a $1.1 billion SEC-registered investment adviser specializing in differentiated hedge fund solutions. “As Kanaly sees itself as a firm that listens to […]

Citigroup To Stop Selling Hedge Fund Investments

New York (HedgeCo.Net) – Citigroup Inc has been restricted from selling hedge funds investments and private-equity funds to high net worth clients, the WSJ reports. Citigroup, in JUly of this year, has also agreed to pay approximately $7 billion for its […]

Man Group Expands US Hedge Fund Business With Acquisition Of Pine Grove

New York (HedgeCo.Net) – Man Group plc has acquired US-based fund of hedge fund manager Pine Grove Asset Management LLC., which has approximately $1.0 billion in assets under management. The transaction enhances Man Group’s presence in the US and adds […]

Preqin Report: Investors To Maintain Hedge Fund Holdings

New York (HedgeCo.Net) – Hedge fund performance was mixed in the first half of the year, with almost all strategy benchmarks for 2014 YTD returning less than in the same period last year, the Preqin Investor Outlook: Alternative Assets, H2 2014, […]

Hedge Fund Manager & “Martha Stewart of Marijuana” Co-Hosts The Global Cannabis Summit

New York (HedgeCo.Net) – Cheryl Shuman, the first Cannabis entrepreneur to manage a $100 million hedge fund to invest in the cannabis businesses, has been called upon to consult and co-host at the GreenRush Financial Conference being held in Seattle, […]

BoA Admits Disclosure Failures to Settle SEC Charges, $245 Million Settlement

New York (HedgeCo.Net) – The SEC reports today that The Bank of America (BoA) has admitted that it failed to inform investors during the financial crisis about known uncertainties to future income from its exposure to repurchase claims on mortgage […]

New CIP Requirements Proposed By FinCEN

New York (HedgeCo.Net) – FrontLine Compliance reports that FinCEN is proposing new rules for broker-dealers and mutual funds. The latest proposal would require firms to update their CIP Programs for legal entity customers, such as partnerships, corporations, and limited liability companies. […]

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