Monthly Archives: February 2007
A Personal Take On Hedge Funds
By Roy Mitchell 6 February 2007 –As that McGonagalistic nursery rhyme demonstrates, hedge fund performance can mean different things to differentpeople. The main reason I invested in a hedge fund was that I did not trust myself. When I had […]
Funds: Secretive Goldman hedge fund posts a rare loss
Herald Tribune -NEW YORK: Mark Carhart looked out over the packed New York conference room and told investors that Warren Buffett had it all wrong. Carhart, co-head of the quantitative strategies group at Goldman Sachs, used his speech in July […]
S.E.C. Is Looking at Stock Trading
New York Times – The Securities and Exchange Commission has begun a broad examination into whether Wall Street bank employees are leaking information about big trades to favored clients, like hedgefunds, in an effort to curry favor with those clients, […]
Ethically Minded Investments & Hedge Funds
HedgeCo.Net (New York) – Growing concerns over issues such as global warming have meant that more investors are looking for an ethically minded fund, especially one thatmakes a profit. An innovator in ethical investing is Charlie Thomas, head of Jupiter […]
Kennedy Closes Deal With Hedge Fund for 119 Hurricane Struck Homes
HedgeCo.Net (New York) – Trinity Development Partners along with equity partner Stillwater Capital Partners, a NY-based hedge fund, closed a $23.3 million deal with private lender Kennedy Funding for a waterfront real estate purchase in West Palm Beach, Florida. The […]
Anne Marie Gagnon Joins Voyager Management
HedgeCo – Anne Marie Gagnon has joined hedge fund firm Voyager Management, LLC as a partner responsible for strategic and business development, including global marketing and distribution to the firm’s private client and institutional investors. The partnership appointment was announced […]
AIM-TO announces interface w/ Australian Investment Bank
HedgeCo.net — New York, NY (January 17, 2007) AIM-TO announce a successful launch of a new version of their post-trade, operation reporting and risk management platform VerusHedge. The new version of the software has a specialized interface with Australia’s leading […]
Austock launches into hedge fund sales
Financial Standard – Austock Securities has snapped up two directors from Citigroup’s hedge fund sales business to start their own hedge fund sales team. Nicki Ashton and Michael Cori both worked as directors in hedge funds sales at Citigroup prior […]
Rand weaker on hedge fund sell-off
Reuters South Africa – South Africa’s rand eased against the dollar on Monday, tracking a general weakness among commodity currencies triggered by a sell-off by hedge funds and may trend weakerduring the session, dealers said. The rand was softer at […]
German Finance Minister Takes A Closer Look at Hedge Funds
HedgeCo.Net (New York) – German Finance Minister Peer Steinbrueck will push for more oversight of hedge funds at this week’s G7 meeting in Essen, Germany. In particular,Steinbrueck wants banks to disclose to regulators how much money they lend to the […]
Ex Morgan Stanley Employee Pleads Guilty In Hedge Fund Conspiracy
HedgeCo.Net (New York) – Ira S. Chilowitz, former employee of the brokerage firm Morgan Stanley & Co has pleaded guilty to four counts relating to the theft of information regarding hedge funds, conspiracy, transportation of stolen property, theft of trade […]
Former Head of Hedge Fund Faces 20 Years For Fraud
HedgeCo.Net (New York) – John H. Whittier, the former head of Idaho hedge-fund company Wood River Capital Management LLC has been indicted on criminal charges that heengaged in a securities fraud scheme that allegedly cost investors $88 million. The SEC […]