Hedge Fund News From HedgeCo.Net


Category Archives: HedgeCo News

Hedge Fund BlackRock Reports That Insurers Are Moving Towards Private Assets

New York (HedgeCo.Net) – New research from hedge fund giant BlackRock shows that even in the wake of the CALpers exit from hedge funds, insurance firms are making a move toward private market assets to diversify against the risks that […]

Two Florida Men Charged With Looting Their Own Hedge Fund

New York (HedgeCo.Net) – Robert Buckhannon and Terry Rawstern have been arrested by the FBI for attempting to steal from the 2 Florida hedge funds they ran, NBC reports. They could each spend up to 30 years in jail if […]

Two Charged With Insider Trading On Hedge Fund’s Herbalife Strategy

  New York (HedgeCo.Net) – The Securities and Exchange Commission yesterday charged Filip Szymik and Jordan Peixoto for insider trading when they heard hedge fund manager William Ackman and his hedge fund hedge fund, Pershing Square Management, had taken a […]

Hedge Fund People: New Edition of AIMA Journal, 3 Added To AIMA Council

New York (HedgeCo.Net) – The Alternative Investment Management Association (AIMA), the global hedge fund industry association, has announced the formation of a new AIMA Council, AIMA’s global board of directors. The 100th edition of the AIMA Journal has also been […]

Texas Tycoon To Pay Up To $4 Million In Fines

New York (HedgeCo.Net) – Defendant Sam Wyly and the estate of his now deceased brother Charles Wyly, have been ordered to pay disgorgements that could reach $400 million, potentially bankrupting the Texas “entrepreneur.” The Wylys’ scheme defrauded the investing public […]

Regulators Take A Closer Look At Hedge Fund “Dividend Arbitrage” Strategy

New York (HedgeCo.Net) – Banks that are helping hedge funds avoid taxes through a strategy known as “dividend arbitrage,” are being questioned by US regulators, the WSJ reports. The strategy can help clients cut taxes from as much as 30% […]

Barclays Capital Pays $15 Million For Compliance Failures After Acquiring Lehman’s Advisory Business

New York (HedgeCo.Net) – Barclays Capital has agreed to pay a $15 million penalty and to undertake remedial measures after being charged by the Securities and Exchange Commission with failing to maintain an adequate internal compliance system to ensure the […]

HedgeCoVest Demonstrates New Platform At Finovate New York

New York (HedgeCo.Net) – HedgeCo Networks has given a demonstration of HedgeCoVest, their new, real time hedge fund replication platform, at the national Finovate conference on September 23-24, 2014 in New York. HedgeCoVest featured 20 investable hedge fund portfolios at the […]

HedgeFund People: BTIG Expands With 2 New Hires

New York (HedgeCo.Net) – BTIG LLC, a global financial services firm specializing in institutional trading, investment banking and related brokerage services, is expanding its Futures and Commodities desk with the hires of Eric Silverman and Jordan Lichtenstein. Eric and Jordan […]

Hedge Fund Give $50 Million To Fund Breakout Artists

New York (HedgeCo.Net) – Fortress Credit Corp., an affiliate of $63.8 billion hedge fund manager Fortress Investment Group LLC, has invested $50 million in new capital commitments to independent music publishing company, Spirit Music Group, to pursue its expansion plans. […]

Former Money Manager Charged With Stealing Hedge Fund Fees

New York (HedgeCo.Net) – Former hedge fund manager Sean C. Cooper has been accused of fraudulently taking excess management fees from the accounts of investors, the SEC reports. An investigation found that Cooper improperly withdrew more than $320,000 from a […]

JOBs Act: SEC Warns Hedge Funds Of Misrepresenting Themselves In Advertising

New York (HedgeCo.Net) – The SEC has warned that 13 hedge funds and their advisers have been only reporting favorable information about themselves, leaving out their losing bets in past performance when advertising under the new JOBs Act. “We plotted […]

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