Monthly Archives: February 2013
New York hedge funds target local real estate empire
BizJournal – Shares in CommonWealth Real Estate Investment Trust surged 48 percent Tuesday after two hedge fund managers who own nearly 10 percent of the company threatened to unseat its board and acquire all outstanding shares at “a significant premium.” […]
SEBI Opens More Gate For Hedge Funds In India
Deal Curry – If the new allowance by the SEBI with regards to hedge funds is anything to go by, India may soon witness a case similar to the ongoing one in American-listed nutrition company Herbalife which is facing a […]
Tepper, Icahn, Cohen top Forbes hedge fund rich list for 2012
Reuters – Five of the $2 trillion hedge fund industry’s biggest names each took home more than $1 billion in earnings last year, according to an analysis released by Forbes on Tuesday. The financial magazine said hedge fund veterans David Tepper, Carl […]
FBI: Three Connecticut Hedge Fund Executives Charged With Fraud
New York (HedgeCo.Net) – A federal grand jury in New Haven has returned a 19-count indictment charging three executives of New Stream Capital LLC, a Ridgefield, Connecticut hedge fund, with conspiracy, securities fraud, and wire fraud offenses, the FBI reported […]
Alix Capital wins at the International Hedge Fund Awards 2013
New York (HedgeCo.Net) – Alix Capital, the Geneva-based provider of the UCITS Alternatives Index (UAI) family of indices, has been named “Overall Swiss Investment Boutique of the Year” at The International Hedge Fund Awards 2013. The awards held by Acquisition […]
Stock Market Boom Pushes Hedge Fund Services Stocks Up
New York (HedgeC0.Net) – With the stock markets touching a new high, brokerage companies are all set to benefit from increased interest in equity trading. However, the sector is still struggling to get past the previous meltdown and its profitability […]
DCF Expands Sell-Side Advisory Reach With Afilliates in MI, NY and TX
Decosimo Corporate Finance, LLC (“DCF”), an investment banking firm affiliated with the 9-office regional accounting and business advisory firm Decosimo, announced today that the firm is continuing to expand its sell-side advisory reach by adding affiliates in Michigan, New York […]
From Hedge Fund Manager To Costumer Collector
Business Insider – Host of CNBC’s Mad Money, a daily hour-long show, Jim Cramer tells his viewers which stocks to buy, hold and sell, often in elaborate costume. Known for his zany on-screen antics and for yelling “Boo-yeah!,” Cramer has dispensed stock market […]
Hedge-Fund Manager Aurelius Backs J.P. Morgan in MF Global Fight
A New York hedge-fund manager wants J.P. Morgan Chase & Co. to go after MF Global Holdings Ltd. over a $928 million claim, echoing J.P. Morgan’s sentiments that a win could improve recoveries for creditors of an MF Global financing subsidiary. […]
The 40 Highest-Earning Hedge Fund Managers And Traders
Forbes – In 2012, prominent hedge fund managers made headlines by successfully trading against JPMorgan Chase & Co., spending lots of money to influence the U.S. presidential election, and proclaiming that a nutritional supplements company was operating a pyramid scheme. While they […]
New Hedge Fund Deposits to Triple, Deutsche Bank Says
Bloomberg – New allocations to hedge funds may more than triple this year, pushing the global industry’s assets to a new high, according to an annual survey by Deutsche Bank AG. (DBK) Hedge fund assets worldwide may increase 11 percent to […]
Hedge fund legend Michael Steinhardt: ‘I’d Like To Die Broke’
BI – Hedge fund legend Michael Steinhardt is selling his private collection of Jewish ceremonial art at auction on April 29th, says WSJ. The collection is valued at around $11 million and will be sold at Sotheby’s. Steinhardt, a Wharton grad, is known for amazing returns […]