Buoyed by a strong equity-market rally, hedge funds performed well during the past quarter, according to the Brighton House Q3 report. Investors gravitated towards event-driven hedge funds throughout the third quarter, 2009, primarily in the merger/risk arbitrage and distressed fixed-income areas. Brighton House Associates (BHA) is an alternative investment research firm that speaks to investors across the globe about their […]

StoneCross Capital has been approved as the first U.S.-based asset management company that creates and customizes Shariah-compliant insurance-linked longevity products, and provides advisory services to global financial institutions with longevity product initiatives directed to Islamic investors. In meeting Shariah legal guidelines, StoneCross Capital has created an opportunity for institutions in the Islamic community to diversify their holdings and satisfy future […]

If you’ve talked to a hedge fund manager for any amount of time, the topic of prime brokers will come up. One of the fundamental issues when setting up a hedge fund is finding a prime broker who will fit your balance of price vs. services rendered. Earlier in the month Alex Thompson wrote an insightful article on Mini Primes […]

By Steven M. Etkind and Roger D. Lorence The Internal Revenue Service (“IRS”) has done taxpayers a favor in Revenue Procedure 2009-41 (“2009 Procedure”) by greatly extending the due date for making retroactive elections for entity classifications (known as the “check-the-box” regime) in cases where the election was missed. In the fund world, this most often occurs in the case […]