Monthly Archives: February 2016
Continuing Troubles Lead Carlyle to Close Fund-of-Funds Unit
New York (HedgeCo.net) – The last two years have been tough for Carlyle Group LP. There have been fund closings, layoffs and departures of key personnel. Now the company has announced that they will shut down the fund-of-fund unit Diversified […]
Bad coffee and a red Ferrari: Here are some of the ‘red flags’ at new hedge funds
(Business Insider) A group of hedge fund allocators revealed the biggest “red flags” that stop them from placing money with an emerging manager at the Absolute Return Symposium in New York on Wednesday.One thing to look out for is the […]
Coe Capital Management Joins HedgeCoVest Platform
New York (HedgeCoVest.com) – HedgeCoVest is pleased to announce that the latest model on their alternative investment platform is managed by Coe Capital Management. Coe Capital is a Registered Investment Advisor based in Deerfield, Illinois and it was founded in […]
Hedge Funds Pile into SunEdison Shares Ahead of Plunge
(Reuters) Top U.S. hedge fund management firms, including Visium Asset Management, took stakes in embattled renewable energy company SunEdison Inc during the fourth quarter.Visium put on a new position, buying 1.3 million shares, while Sand Grove Capital Management added a […]
The Supply & Demand Economics Behind The Current VC Boom and Crunch
(Pitchbook) Overnight it seems the venture industry has ground to a standstill. The ‘unicorn’ term now means overly inflated valuation in the process of negotiating a down round. The daily news is now full of departing CEOs, layoffs, zombie unicorns […]
Fortress Hedge Fund Seeing ‘More Cracks’ in Credit Markets
Fortress Hedge Fund Seeing ‘More Cracks’ in Credit Markets Bloomberg posted on Wed 17 Feb 2016 Permalink Print The Fortress Investment Group LLC fund that has predicted an Asia credit meltdown to rival 1997 says it is seeing more warning […]
Massachusetts-Based Investment Adviser Sentenced to Prison, Ordered to Pay Restitution
(Securities & Exchange Commission) The Securities and Exchange Commission announced that on May 17, 2016, Gregg D. Caplitz, of Wilmington, Massachusetts, was sentenced to three and a half years in federal prison and ordered to pay $1.89 million in restitution […]
Credit Suisse Hedge Fund Index Down Less Than 1.5% In January
New York (HedgeCo.net) – Credit Suisse released the January performance results for their Hedge Fund Index earlier this week as well as the results for each of the various hedge fund strategy categories. While most of the world’s equity indices […]
Hedge Fund Knight Vinke Ditches Stake in UBS
(The Telegraph) Activist American hedge fund Knight Vinke has sold its stake in UBS after failing to win enough shareholder support to force the Swiss lender to sell its investment bank.Knight Vinke had expressed concern over UBS’ investment banking operations, […]
Hedge Fund Managers Must Prepare for Benchmark Regulation
(Hedge Fund Law Report) In a speech delivered at the European Regulation Forum sponsored by the Chartered Institute for Securities & Investment, Edwin Schooling Latter, Head of Markets Policy of the U.K. Financial Conduct Authority (FCA), discussed the E.U. Benchmarks […]
Hedge Fund Manager Hendry Says China Doomsayers Have It Wrong
(Bloomberg) Hugh Hendry, the hedge fund manager known for his bearish bank bets during the financial crisis, said he disagrees with peers including Kyle Bass who say China will suffer a crisis and major devaluation.Eclectica Asset Management is betting China’s […]
Judge Blocks Madoff Victims’ $11 Billion Lawsuit vs Picower Estate
(Reuters) Victims of Bernard Madoff’s fraud cannot pursue a Florida lawsuit to recover $11 billion from the estate of Jeffry Picower, who they say helped perpetuate the swindler’s Ponzi scheme, a Manhattan bankruptcy judge ruled on Wednesday.U.S. Bankruptcy Judge Stuart […]