Tag Archives: fund-business
Cuomo’s Unidentified Executive in Kickback Case Said to Be Hall
Bloomberg – New York Attorney General Andrew Cuomo has alleged that an executive of Clinton Group Inc., which once managed $8 billion in assets, knew of kickbacks made to win $750 million in state pension-fund business in 2006. Cuomo identifies […]
Deloitte Adds Hedge Fund Heavyweights Schubert and Iler
New York (HedgeCo.Net) – Hedge fund pioneers Ellen C. Schubert and Ray J. Iler have joined the hedge fund team of Deloitte LLP’s Asset Management Services practice. Schubert joined Deloitte in the newly-created role of Chief Advisor to the Asset […]
Nexar Capital Group Hedge Fund Launch
New York (HedgeCo.Net) – Global hedge fund group, Nexar Capital Group SCA, announced the launch of an investment from funds managed by Aquiline Capital Partners LLC, a New York-based private equity firm. The hedge fund firm was founded by industry […]
Edinburgh Firm Expands Hedge Fund Business
West Palm Beach (HedgeCo.net) – Specialist active equity manager, Martin Currie Investment Management Limited, has expanded its global hedge fund arm with two senior hires, Alastair Barrie and Clayton Cheek. Barrie joins in the newly created role of global head […]
HSBC’s Maldonado blends science with art
Reuters – HSBC’s Bill Maldonado is a man who loves to mix science with art — be that in running the Halbis hedge fund business, riding his high-powered Ducati motorbike on a race track or piloting a light aircraft. An […]
Goldman CFO sees end to hedge fund redemption wave
Khaleej Times – Hedge fund assets may be on the rebound after a year of massive redemptions, Goldman Sachs Group Inc Chief Financial Officer David Viniar told analysts on Tuesday, although the prime brokerage business will remain under pressure. “Assuming […]
Hedge Fund Cantillon Closing: Converting to Long Only Fund
Seeking Alpha – William von Mueffling’s Cantillon Capital Management will be closing down the hedge fund portion of its business. The fund will wind down its positions except for $1 billion worth of long positions as it reverts to a […]
JPMorgan to break up unit’s hedge fund
Reuters – JPMorgan Chase & Co plans to shut down its Principal Investment Management Group’s hedge-fund business and private-equity division, with the exception of a team that focuses on Asia, Bloomberg said, citing two people familiar with the plan. Bob […]
Stanford Completes Second Phase of Hedge Fund Case Study
West Palm Beach (HedgeCo.net) – The second phase of a hedge fund business model case study has been finalized by the Stanford University’s Graduate School of Business. GlobeOp is the first hedge fund administrator to be featured in a case […]
MassMutual unit told to return funds from Madoff
Boston Globe – The trustee in the bankruptcy case of swindler Bernard L. Madoff has told a hedge fund business owned by Massachusetts Mutual Life Insurance Co. to return money that it received from Madoff over the past six years. […]
