Monthly Archives: February 2020
CFTC Charges Investment Firm with Fraud in Digital Asset-Linked Ponzi Scheme
(HedgeCo.Net) The Commodity Futures Trading Commission has announced the filing of a civil enforcement action in the U.S. District Court for the District of Colorado against Breonna Clark, of Denver, Colorado, and Venture Capital Investments Ltd., a Colorado limited liability […]
Hedge Funds Bet Aussie Will Overcome Impact of Coronavirus
(Bloomberg) Is the Australian dollar close to a turning point? Some hedge funds seem to think so. To read this article:
Insch Kintore’s novel gold strategy sees early year surge
(Hedgeweek) Insch Kintore, the novel currency and gold-focused CTA strategy run by ex-AHL director Christopher Cruden, has marked its fifth anniversary with a strong double-digit showing in the first six weeks of the year. To read this article:
Wilshire Liquid Alternative Index down 0.31 per cent in January
(Hedgeweek) The Wilshire Liquid Alternative Index, which provides a representative baseline for how the broad liquid alternative investment category performs, returned -0.31 per cent in January, underperforming the 0.41 per cent monthly return of the HFRX Global Hedge Fund Index. […]
Market-beating activist investor Dan Loeb just added Amazon — Here’s what else he’s buying
(CNBC)Activist investor Dan Loeb and his hedge fund Third Point, which has racked up 14% annual returns since 1996, aggressively shifted positions in major tech stocks last quarter. To read this article:
Here’s what Chase Coleman, manager of the red-hot Tiger Global hedge fund, is betting on now
(CNBC) Chase Coleman and his Tiger Global hedge fund added positions in PayPal and Alphabet and raised their position in Slack last quarter, continuing a history of big bets on technology companies. To read this article:
Private debt funds secured $107bn in 2019, 11% less than 2018
(Opalesque) Private debt activity slows sharply in 2019 as fundraising and dealmaking both declined from 2018 levels. However, new funds have continued to crowd into the marketplace. According to Preqin, more than 200 private debt funds closed in each year […]
Odyssey Investment Partners closes $3.25bn sixth investment fund
(Opalesque)US-based private equity investment firm Odyssey Investment Partners announced the first and final closing of Odyssey Investment Partners Fund VI. The Fund VI is a $3.25 billion private equity investment fund formed to pursue control-oriented investments and management buyouts of […]
Investment Advisers Charged with Failure to Disclose Financial Conflicts of Interest
(HedgeCo.Net) Criterion Wealth Management Insurance Services, Inc., a Santa Clarita, California, investment advisory firm, and its then co-owners Robert Gravette and Mark MacArthur, also of California, have been charged for breaching their fiduciary duty and defrauding their advisory clients by […]
KKR amasses $1.3bn for its debut global impact fund
(Opalesque) The alternative asset manager firm KKR & Co raised $1.3 billion for its first global impact fund, one of the largest of its kind. The global investment said in a press release that the fund dedicated to investment opportunities […]
M&A activity in the North America region witnesses a downtrend in Q4 2019
(Opalesque) The North America region witnessed a slump in mergers and acquisition (M&A) deal volume in the fourth quarter (Q4) of 2019, said a study. According to GlobalData, a data and analytics company, M&A activity within the North America region […]
IOSCO publishes key considerations for regulating crypto-asset trading platforms
(Opalesque) Industry Update – The Board of the International Organization of Securities Commissions today published a report that describes the issues and risks associated with crypto-asset trading platforms (CTPs) and sets out key considerations to assist regulatory authorities in addressing […]