Monthly Archives: February 2006

MSNBC – The Securities and Exchange Commission is investigating allegations by two companies that an independent research firm conspired with hedge funds to drive down their stock prices. The chief US regulator has launched an informal probe into claims by […]

MarketWatch – French regulators are investigating trades in a portfolio managed by a founding partner at hedge-fund company GLG Partners LP, according to a media report Tuesday. The investigation is as part of a broader probe into whether several large […]

Newark Star Ledger – When he isn’t dealing with distressed assets, Timothy Wheeler rocks. A bankruptcy lawyer with Lowenstein Sandler in Roseland, Wheeler is the lead singer for the Subscribers, a rock group comprised mostly of professionals in the hedge-fund […]

Investors Business Daily – TechTeam Global Inc. said Monday it would fight a hedge fund’s attempt to replace its board of directors, saying the move isn’t in the long-term interests of shareholders. Costa Brava Partnership III LP moved last week […]

San Bernardino County Sun – Currency trading used to be a strategy employed by only the wealthiest investors and hedge funds, but a growing number of mutual and exchange traded funds make itpossible for individuals to try it for themselves, […]

MSNBC – BNP Paribas plans to increase the number of staff in its equity derivatives business in the UK by at least 20 per cent this year to tap growing demand from hedge funds and private banking clients. The bank […]

Investors Business Daily – In the latest sign that the private-equity and hedge-fund businesses are converging, Kohlberg Kravis Roberts & Co. is launching a hedge fund. The KKR Strategic Capital Fund will focus on debt investments, according to Roanne Kulakoff, […]

Canada’s securities regulators have decided not to introduce specific regulations governing hedge funds. “We have a full group of rules that apply to all those sorts of vehicles,” David Wilson, chairman of the Ontario Securities Commission, told reporters yesterday. “So […]

Independent – London-based hedge fund managers are facing a regulatory clampdown from both British and American watchdogs. The Financial Services Authority will next month detail where it is going on regulating hedge funds and their managers, after a six-month consultation […]

International Herald Tribune – European hedge- fund managers are starting more funds and raising more money than ever before, getting past the troubles of early 2005, according to EuroHedge magazine. European fund managers started a record 330 new funds in […]

Monsters and Critics.com – A New York lawsuit is seeking $237,582 from actor John Cusack because he was allegedly overpaid for his investment in Lipper Convertibles. A separate lawsuit dealing with the same case was also filed against former Sony […]

ABC News – For more than a decade, Tom Berquist enjoyed life as a software analyst at Goldman Sachs and then Citigroup, delving into the latest technology and rubbing elbows with the executives ofnew, fast-growing firms. But next month Berquist […]