Hedge Fund News From HedgeCo.Net

Category Archives: HedgeCo News

Hedge Fund Trader Mathew Martoma Gets 9 Years Behind Bars

New York (HedgeCo.Net) – Former SAC Capital trader Mathew Martoma has been sentenced to nine years in prison for his part in a scheme involving an Alzheimer’s Disease drug trial to make his hedge fund approximately $276 million. “I cannot and will […]

Satish Joins American Century Investments to Head Global Portfolio Analytics & Engineering Team

New York (HedgeCo.Net) – American Century Investments today announced that Peruvemba Satish has joined the company as a senior vice president responsible for the firm’s newly created Global Portfolio Analytics and Engineering group. Satish reports to American Century Investments Co-Chief […]

Hedge Fund People: Cantor Fitzgerald Wealth Partners Expands National Team

New York (HedgeCo.Net) – Cantor Fitzgerald Wealth Partners, LLC, an affiliate of Cantor Fitzgerald serving the private wealth management market, continues to expand its team with the addition of financial industry veterans Jack D. Mounts and Michael Lonk. Messrs. Mounts […]

Broadridge And BI-SAM To Launch Hedge Fund Solution Platform

New York (HedgeCo.Net) -Broadridge Financial Solutions, Inc. and BI-SAM, are launching of Broadridge Investment Management Solutions (IMS) Performance Reporting, an integrated suite that includes order management, portfolio management, risk reporting and a data warehouse; in essence a complete, integrated and […]

Three Hedge Fund Managers In Jail Over $40 Million ‘Black Diamond’ Ponzi Scheme

New York (HedgeCo.Net) Three hedge fund managers have been sentenced in connection with a $40 million investment fraud conspiracy, Jeffrey M. Toft, 51, of Sioux Fall, S.D., was sentenced to 66 months in prison followed by two years of supervised […]

First Opportunity Fund Announces Redemption of Hedge Fund Positions

New York (HedgeCo.Net) – First Opportunity Fund, Inc. announced today that it had given its notice of redemption with respect to its remaining hedge fund investments. In July of this year, the Fund was notified of proposed structural changes to […]

Blackstone Hiring Hedge Fund Veterans For New Fund

New York (HedgeCo.Net) – Hedge fund investor Blackstone is now hiring top hedge fund talent for the launch of Blackstone Senfina Advisors LLC, a new hedge fund that will will have to up to 30 teams of seasoned investors with $100 […]

Morningstar: Hedge Funds Up In July

New York (HedgeCo.Net) – Morningstar today reported preliminary hedge fund performance for July 2014 as well as estimated asset flows for June 2014: The Morningstar MSCI Composite AW Hedge Fund Index decreased 0.3% in July, but is up 3.4% for […]

Credit Suisse Hedge Fund LAB Index Up 1.84% in August

New York (HedgeCo.Net) – The Credit Suisse Liquid Alternative Beta Index (“CSLAB”), which aims to reflect the performance of the overall hedge fund industry, finished up 1.84% in August. The Managed Futures strategy was the strongest performer for a second […]

Eric Cantor Joins Donor’s Boutique Hedge Fund & Private Equity Firm

New York (HedgeCo.Net) – Former Republican politician Eric Cantor has joined Moelis & Company as vice-chairman at a salary over $1 million a year, The Guardian reports. Moelis was a donor and political supporter of the former House majority leader […]

AIMA Updates Hedge Fund Manager Due Diligence, Adding Post-Crisis Regulatory Directives

New York (HedgeCo.Net) – Reflecting recent regulatory changes, including the Alternative Investment Fund Managers Directive (AIFMD), AIMA has updated its flagship due diligence questionnaire (DDQ) for hedge fund managers, adding over 90 questions. “While much of the post-crisis regulation has […]

S&P Capital IQ Releases Quarterly Hedge Fund Tracker

New York (HedgeCo.Net) Technology and healthcare stocks saw the largest growth in new hedge fund buying activity during Q2 2014, with Allergan and Apple as the most popular individual stocks, a review of 2014 Q2 13F filings by US-based pure play […]

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