Tag Archives: new-york-city


Citadel fund files $470 mln claim against Lehman

Reuters – Hedge fund Citadel Investment Group claims it is owed $470.5 million on derivatives contracts it held with Lehman Brothers, according to a claim filed in a New York bankruptcy court last week. Citadel, which manages around $12 billion […]

Ex-BDO Seidman’s Mark Bloom Pleads Guilty in Hedge Fund Fraud

Bloomberg – Hedge fund manager Mark Bloom pleaded guilty to U.S. charges that he stole at least $20 million from clients and lied to them, and that he helped sell illegal tax shelters while working earlier at BDO Seidman LLP. […]

Hedge fund tosses Tibco for memory virtualization startup

SearchDataCenter.com – A large, worldwide hedge fund company needed to reduce its server memory latency to keep investors from experiencing costly trading delays. It found the answer from the small Oregon-based software startup RNA Networks and is using their technology […]

Hedge fund tosses Tibco for memory virtualization startup

SearchDataCenter.com – A large, worldwide hedge fund company needed to reduce its server memory latency to keep investors from experiencing costly trading delays. It found the answer from the small Oregon-based software startup RNA Networks and, in the process, is […]

Third competitor files to take over Asarco

Daily Territorial – A third offer to take copper miner Asarco out of Chapter 11 was filed last week in U.S. Bankruptcy Court in Corpus Christi, Texas, by New York City-based hedge-fund manager Harbinger Capital Partners. The $500 million reorganization […]

Silo Forges $100M Venture With Private Equity Players

GlobeSt.com – Locally based direct private lender Silo Financial Corp. has formed an alliance with a New York City-based private equity fund to concentrate on non-performing loans, says Silo founder Jonathan Daniel. The fund has earmarked $100 million "for opportunistic […]

Greenwich Investor Starts Advisory Firm in Stamford

American Chronicle – An investment professional from Greenwich with more than 20 years of experience is going out on his own by starting a Stamford-based advisory firm for small- to medium-size companies from here to Texas. Peter Schweinfurth, a former […]

Leaders of New York City church with Kenhorst branch charged in hedge hedge-fund scam

Reading Eagle – Five leaders of a New York City church with a branch in Kenhorst have been accused of defrauding worshippers and other investors of more than $10 million in a hedge fund scam. Federal authorities claim the men, […]

Church Pension fund opens shop in Asia

Reuters – India Church Pension Fund has invested in Future Group backed Indivision India, Advantage Partners and IDG Accel China. The $8 billion Church Pension Fund based in New York City has roped in Eric Mason(ex-Carlyle Group), to open a […]

Fund pushing split proposes Chemed directors

Cincinnati.com – A New York City hedge fund pushing Chemed Corp. to split up its plumbing and hospice care businesses has filed its own slate of five directors for the downtown-based company’s May 18 shareholder’s meeting. In filing its five […]

Steamboat Road readies for RBS departure

Stamford Advocate – The owner of the office building at 600 Steamboat Road in Greenwich said he was eager to start recouping his company’s $200 million investment in the waterfront structure with high-paying tenants. His sole tenant, RBS Greenwich Capital […]

Hedge fund manager may sell farm after being stung by Madoff

Reuters – Many gamblers have been forced to sell financial assets to cover bets on horses, but it is less common for a lover of thoroughbreds to sell a farm because of bad bets on investments. But that may be […]

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