BarclayHedge, Ltd., announced the launch of BarclayHedge TV – a web-based capability that allow registered managers of hedge funds, fund of funds and managed futures funds to create and make available videotaped presentations online for current and prospective investors. BarclayHedge, which had begun accepting applications for its new BarclayHedge TV service, will arrange and oversee all aspects of its new […]
The Cyprus Embassy Trade Center is hosting a seminar: “New strategies for multi Jurisdiction management”, on Wednesday, April 14, 2010 at the Harvard Club of New York. A recent UN report calls Cyprus “the forerunner model for the future of corporate holding jurisdictions and international business centers.” Cyprus, is a clearly defined leader in global commerce that gives you unprecedented […]
In response to problems exposed by the financial crisis, the Securities and Exchange Commission today proposed comprehensive changes to the rules governing offers, sale and reporting with respect to asset-backed securities. The proposed revisions are intended to improve investor protection and increase transparency and efficiency in the public and private markets for asset-backed securities. Shelf Offerings Under current rules, asset-backed […]
New York-based Atalaya Capital, headed by investment management veteran Ivan Zinn, has closed its third fund offering with $250 million AUM with plans to aggressively take advantage of special opportunity investments in the small and middle credit markets, particularly those in the distressed banking sector. “Banks are continuing to fail at a faster pace than they did last year, with […]
100 Women in Hedge Funds announced the appointment of Sonia Gardner to its Association Board as of June 2010, further augmenting the organization’s growing worldwide network and expanding the breadth of its Board. Ms. Gardner is the President, Managing Partner, and the Co-Founder of Avenue Capital Group, a pioneer global asset manager in the distressed debt market. Since its founding […]
The Cayman Islands signed its fifteenth tax information exchange agreement with Australia on Tuesday, during a ceremony held at the Australian embassy in Washington, D.C. “The Cayman Islands Government is pleased to have signed this agreement with our Australian counterparts and we look forward to many years of cooperation between our two countries as part of our global commitment to […]
The Cayman Islands is concluding a further 16 tax information exchange agreements (TIEAs) with several G-20 jurisdictions of economic significance to the country, in addition to the 14 TIEAs already in place. The Cayman Islands has also advanced its work with the Organisation for Economic Development and Cooperation (OECD) Global Forum Steering Group, particularly in reference to the recently announced […]
Britain looks set to become part of the world’s biggest ever concerted attack on fraud and corruption within financial institutions. The Bribery Bill – which now seems certain to be passed before the UK General Election – will bring Britain more into line with tough U.S. regulations, according to Complinet, one of the world’s leading suppliers of global finance solutions. […]
The Hedge Funds Leaders Forum 2010, “Generating Alpha in Challenging Times”, is being held March 18th, in New York City. The GoldenNetworking.com event will review recent performance of multi-strategy hedge funds, at panel “Generating Market-Beating Returns Under the Watchful Eye of the SEC”. Dow Jones reported: “The average hedge fund lagged behind the nearly 3% return of the Standard & […]
Books: “The Invisible Hands” Hedge Funds Off the Record
In his new book, “The Invisible Hands: Hedge Funds Off the Record – Rethinking Real Money,” Steven Drobny interviews 10 global macro hedge fund managers who actually fared well in 2008, either by making money or at the very least, preserving capital. These managers, whose firms in aggregate manage over $100 billion, offer striking insights on how building better portfolios […]