Category Archives: Press Releases
SEC Obtains Settlements in Penny Stock “Shell Packaging” Case
The Securities and Exchange Commission today announced nearly $300,000 in settlements against a Virginia-based “shell packaging” company and its CEO who were charged with facilitating a penny stock scheme as well as a Bronx, N.Y.-based stock promoter who received proceeds […]
Oak Hill Advisors And OHorizons Global Acquire Assets Of DGH-Group
Oak Hill Advisors, L.P. and OHorizons Global, Inc. announced today the acquisition of Druckguss Heidenau GmbH, Druckguss Hof GmbH, and Zerspanungs-und Industrie-technik Dohna GmbH from insolvency administrator Dr. Franz-Ludwig Danko. The assets have been acquired by newly formed entities DGH Heidenau […]
Throgmorton UK Appoints New Business Development Director
Throgmorton, one of the UK’s largest specialist accountancy and back office service providers, has announced the hire of Denis Jackson as the firm’s Business Development Director to lead the company’s drive into new markets. The appointment comes as Throgmorton continues […]
Third Point Reports Third Quarter 2013 Earnings Results
Third Point Reinsurance Ltd. today announced results for its fiscal third quarter ended September 30, 2013. “Following our initial public offering in August 2013, we are off to a strong start as a public company thanks to improving underwriting results […]
SS&C GlobeOp Hedge Fund Performance Index and Capital Movement Index
The gross return of the SS&C GlobeOp Hedge Fund Performance Index for October 2013 measured 1.06%. Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index advanced 0.16% in November. “Capital flows for the month were slightly positive, […]
Hennessee: Hedge Funds Gain 1.37% In October
Hennessee Group LLC announced today that the Hennessee Hedge Fund Index increased +1.37% in October (+9.90% YTD), whilethe S&P 500 gained +4.46% (+23.16% YTD), the Dow Jones Industrial Average increased +2.75% (+18.63% YTD), and the NASDAQ Composite Index jumped +3.93% […]
AIMA announces Jack Inglis as new CEO
The Alternative Investment Management Association (AIMA), the global hedge fund industry association, has announced that Jack Inglis will be the new CEO of the organisation. Mr Inglis joins from Barclays where he was a member of the Global Executive Committee […]
Investcorp acquires real estate assets valued at $250 million
Investcorp, a leading provider and manager of alternative investment products, announced today that its US-based real estate arm has acquired a group of high quality office and retail assets in the greater Chicago, Los Angeles, Minneapolis and New York areas valued at $250 million. “This acquisition adheres […]
RCS Capital Corporation Announces Agreement to Acquire Investors Capital Holdings
Press Release – RCS Capital Corporation (RCAP) announced today that on October 27, 2013, RCAP and a newly formed wholly owned subsidiary of RCAP entered into an agreement and plan of merger with Investors Capital Holdings, Ltd. (ICH) by which RCAP will […]
Charles Griffin Intelligence Launches Bad Actor Due Diligence Service
Press Release – As hedge funds rush to comply with new SEC rules that mandate the detection and reporting of “Bad Acts” by directors and others, they are faced with the requirement that they conduct a kind of due diligence […]
State Street Reports Third-Quarter 2013 GAAP-Basis EPS of $1.17 on Revenue of $2.43 Billion
In announcing third-quarter 2013 financial results, Joseph L. Hooley, State Street’s chairman, president and chief executive officer, said, “Our results reflect the strength of our core business with operating-basis fee revenue up 9% from the third quarter of 2012, in […]
