Monthly Archives: February 2008
Five indicted in hedge fund case
Fort Lauderdale Sun-Sentinel – Five people who allegedly defrauded hedge fund investors of more than $200 million have been indicted on charges of conspiracy and wire fraud, authorities said Wednesday. Defendants named in the U.S. Department of Justice indictment unsealed […]
Hedge Funds Holding Up Investors Face Involuntary Bankruptcy
Bloomberg- Ritchie Capital Management LLC, the operator of four hedge funds that failed since 2006, is fighting what may be an unprecedented bid by investors to recover their money by forcing one of the funds into bankruptcy. If the effort […]
Dubai Expands Presence in Asia
HedgeCo.Net (West Palm Beach) – Dubai International Capital is planning to invest $5 billion in the emerging Asian markets, as part of a three year plan, says Chief Operating Officer Anand Krishman. The money will be invested in comapnies throughout […]
Florida Men Face Charges of Hedge Fund Fraud
HedgeCo.Net (West Palm Beach) – Michael Lauer and four other men have been indicted after defrauding investors out of more than $200 million, Assistant Attorney General Alice S. Fisher of the Criminal Division and U.S. Attorney R. Alexander Acosta of […]
Boneparth Joins Hall Capital Partners
HedgeCo.Net- Hall Capital Partners LLC today announced that John F. Boneparth will join the firm as President. Mr. Boneparth will join Chief Executive Officer and Chief Investment Officer Kathryn A. Hall and Director of Investment Advisory Services John W. Buoymaster […]
Surging credit volatility spurs option trading
Reuters- Shocked by credit market turmoil, investors are now seeking protection on their credit protection. In the last few weeks, Europe’s credit indexes — widely traded ways of betting on the creditworthiness of the continent’s big companies — have registered […]
Russia’s Da Vinci to list fund in London
Reuters- Da Vinci Capital Management, founded by former Renaissance Capital banker Oleg Jelezko, plans to list its fund investing in ex-Soviet states in London in March this year to raise up to $200 million (100 million pounds). The company’s managing […]
Hedge Funds Pocket Easy Gain on Northern Rock Drop
Bloomberg- Lansdowne Partners Ltd. and LNG Capital LLP were among investors that profited from an “easy” bet over the past year on the 93 percent decline in Northern Rock Plc, the bank being nationalized by the British government. Northern Rock’s […]
Hedge Funds Holding Up Investors Face Involuntary Bankruptcy
Bloomberg- Ritchie Capital Management LLC, the operator of four hedge funds that failed since 2006, is fighting what may be an unprecedented bid by investors to recover their money by forcing one of the funds into bankruptcy. If the effort […]
HedgeCo Expands Hudson Event – Offers Free Access to All Qualified Investors HedgeCo.Net
New York – February 19, 2008 — Due to the large number of responses from qualified investors, HedgeCo Networks is expanding its first annual investors summit. The Hudson Event, which will take place on Thursday, March 20th, is free and […]
HedgeCo Expands Hudson Event, Offers Free Access to All Qualified Investors
New York – February 19, 2008 – Due to the large number of responses from qualified investors, HedgeCo Networks is expanding its first annual investors summit. The Hudson Event, which will take place on Thursday, March 20th, is free and […]
Hedge Fund May Be Forced to Open Up Books
HedgeCo.Net (West Palm Beach) – Ritchie Capital Management may be forced to deliver a lot more than an apology, if investors have their way. The company, who operates four hedge funds, is fighting an involuntary bankruptcy brought on by investors […]