Via Sadis & Goldberg LLP – Section 13(f) of the Securities Exchange Act of 1934 (“1934 Act”) requires institutional investment managers (“Managers”) that exercise investment discretion over $100 million or more in Section 13(f) securities to file quarterly reports disclosing their holdings on the Form 13F. The deadline to file the initial Form 13F for the quarter ending December 2010 is […]

Former ‘Godfather’ actor Al Pacino has been reported to have quit the role of a big time hedge fund manager in the new financial thriller “Arbitrage” opposite Susan Sarandon. However, Pacino is to be replaced by Richard Gere, according to Hollywood sources. Gere is said to be in talks regarding the role. The movie depicts a hedge fund magnate under investigation, […]

In January, the performance of the UCITS Alternative Index Global Index is up 0.01% while the performance of the UCITS Alternative Index Fund of Funds is down -0.10%. After a very good start, UCITS hedge funds gave back most of their early profits during the last days of the month. The UCITS Alternative Index Global finished the month up 0.01% […]

Hedge fund IT provider, Agio Technology, announced the results of its two-month iPad Challenge, an in-environment use test of the iPad by active hedge fund managers who evaluated the impact of Apple’s iPad on their jobs. “Our practice is built on providing technology responsibly. We are not interested in the newest and greatest, we are interested in what works for […]

The secondary market witnessed one of, if the not the broadest selling effort by investors in the secondary space in the decade since the market was established, according to research by Hedgebay. A high volume of trading across the spectrum of strategies in December suggests a methodical clearing of assets by investors preparing for 2011. The average price of trades […]

Hennessee Group LLC, an adviser to hedge fund investors, found in a brief study that directional hedge fund strategies were the primary drivers of portfolio performance in 2010, most notably event driven, distressed and emerging markets (ranking one, two and three, respectively among the Hennessee Hedge Fund Indices). The under-weighting of these strategies in a hedge fund portfolio likely resulted in under-performance against major […]

Former managing director and portfolio manager from hedge fund Duquesne Capital Managemen, Irene Tse, has been chosen to replace the retiring Althea Duersten. In addition to her new North American CIO role, the global financial services firm with more approximately $2.1 trillion said today that Tse will also join the company’s Executive Committee. The 17-year veteran will report directly to CIO […]

SAN DIEGO, CA, December 15, 2010 — A report released by PrivateEquityCompensation.com signals improvement in the private equity and venture capital markets and an upward compensation trend that will likely continue in 2011. In a year where buyout deals heated up and the big players are complaining of being priced out of the market for some deals, private equity professionals reported […]

Aon Corporation today announced that two executives have been named to Business Insurance magazine’s 2010 “Women to Watch” list: Maggie Westdale, chief financial officer and chief operating officer of Aon Benfield and Marguerite Soeteman-Reijnen, chief broking officer for Europe, Middle East and Africa at Aon Risk Solutions. An Aon leader has been named to the “Women to Watch” list each […]