Tag Archives: uk-residents

Money-Laundering Risk Of Hedge Funds Gauged

Washington Post – Seven years ago the Patriot Act required every financial institution to establish a program to combat money-laundering. But the roughly $2 trillion hedge-fund industry today remains free of any such government restrictions, and this week the Treasury […]

AIG Investments reaches hedge fund investment pact

Reuters – American International Group Inc’s asset management division has reached a joint venture agreement with Larch Lane to make seed funding investments in hedge funds. The AIG Investments and Larch Lane venture expects to invest between $50 million and […]

Stanley Fink Retires From Man Group

West Palm Beach (HedgeCo.Net)- Man Group announced the retirement of hedge fund magnate Stanley Fink, who will not be seeking re-election as Chairman. He stepped down from Chief Executive in April of last year to become Deputy Chairman. Fink joined […]

Triple A to seed new S.Korea focused hedge fund

Reuters – Boutique alternative fund firm Triple A Partners said on Friday it was backing a new South Korea-focused hedge fund which it expects to launch on Sept. 1 with around $40 million in assets. Triple A, also known as […]