Tag Archives: sister-sites


Hedge Funds on the Rise, Advance 1.10% in January

February 11, 2009 : Permalink

New York (HedgeCo.Net ) – After a disappointing 2008, hedge funds seem to be on the up and up, advancing 1.10% in January according to the latest research by the New York-based Hennessee Group. According to the research, convertible arbitrage [...]

Hedge Funds Advance 1.10% in January

February 11, 2009 : Permalink

New York (HedgeCo.Net ) – After a disappointing 2008, hedge funds seem to be on the up and up, advancing 1.10% in January according to the latest research by the New York-based Hennessee Group. According to the research, convertible arbitrage [...]

Missing Hedge Fund Fraudster Turns Himself In

January 28, 2009 : Permalink

New York (HedgeCo.Net) – Missing hedge fund manager Arthur Nadel, who disappeared last week along with an estimated $350 million of investor’s money, turned himself in to the FBI yesterday.   The Sarasota resident, 76, turned himself in at a [...]

SEC Commissioner Urges Greater Regulation of Hedge Funds

January 28, 2009 : Permalink

New York (HedgeCo.Net) – SEC Commissioner Luis Aguilar said his agency should be given the authority to regulate hedge funds after urging Congress “to close the glaring loopholes in securities regulation.” Aguilar, one of the agency’s five commissioners, is among [...]

Paulson Pockets Big Bucks on Short Sale

January 27, 2009 : Permalink

New York (HedgeCo.Net) – Billionaire and hedge fund manager extraordinaire John Paulson has reportedly pocketed $139 million by betting against the Royal Bank of Scotland, further fueling cynicism that shorting aids in driving down share prices.   Paulson is no [...]

Senate Approves Schapiro as New Head of SEC

January 23, 2009 : Permalink

New York (HedgeCo.Net) – Mary Schapiro, who most recently was the CEO for the Financial Industry Regulatory Authority, is now the head of the Securities and Exchange Commission.  The Senate approved Schapiro yesterday, a month after being nominated President Barack [...]

Another Florida Ponzi-Scheme?

January 21, 2009 : Permalink

New York (HedgeCo.Net) – Investors in South Florida are fearing the worst, with all eyes turned to Michael Riolo, a Boca Raton resident who may have bilked over $50 million out of investors. Riolo regularly distributed performance reports to his [...]

Chrysler Rumored to be in Talks with Italian Automaker over Stake

January 20, 2009 : Permalink

New York (HedgeCo.Net) – Italian automaker Fiat S.p.A. may be interested in acquiring a stake in Chrysler that could help lift the U.S. automaker out of financial distress. According to an article published on autonews.com, Fiat may invest in a [...]

Fraudster Who Staged Death Transferred to Florida Jail

January 20, 2009 : Permalink

New York (HedgeCo.Net) – Marcus Schrenker, the pilot turned money manager accused of faking his own death to avoid fraud charges, was transferred from a Tallahassee hospital to a Pensacola jail on Monday. Schrenker, 38, purposely crashed his single-engine Piper [...]

Florida Hedge Fund Manager Missing Along with Investors Cash

January 19, 2009 : Permalink

New York (HedgeCo.Net) – Authorities are still searching for missing hedge fund manager and philanthropist Arthur Nadel after he vanished from his Sarasota home last week, while investors are searching for their $350 million they had tied up with him.   [...]

Hedge Fund Shakes Up Chicago Sun-Times Board

January 19, 2009 : Permalink

New York (HedgeCo.Net) – Hedge Fund Davidson Kempner Capital Management has declared a proxy victory after replacing all but one of the board members of the Sun-Times Media Group. Davidson Kempner, who owns a 6% share in the parent company [...]

Former UBS Exec Declared a Fugitive by South Florida Judge

January 14, 2009 : Permalink

New York (HedgeCo.Net) – U.S. authorities have officially declared Raoul Weil, formerly of UBS, a fugitive.  The one-time prominent business man and former chairman of UBS’s global wealth management unit, failed to surrender to police after being charged with aiding [...]

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