Monthly Archives: March 2015
Canada Pension Plan Invests In New Deimos Hedge Fund
New York (HedgeCo.Net) – Multi-strategy hedge fund manager, Deimos Asset Management LLC, is launching operations of its new hedge fund management business. Ontario Teachers’ Pension Plan is an anchor investor in Deimos’ multi-strategy product through a managed account platform, the […]
Hedge Fund Suit Accusing U.S. of Misconduct Faces High Bar
NYT – When investigators arrive at the door of a hedge fund with a search warrant, the consequences can be devastating. Clients fear being linked to misconduct, and even a history of strong investment returns often cannot stem the tide […]
Hedge Funds Race to Raise Money For Energy Debt
Bloomberg – Hedge fund manager Jason Mudrick told Bloomberg Television on Feb. 3 that the decline in oil prices presented “the most exciting” opportunity since the 2008 financial crisis. The distressed-debt manager has wasted little time trying to take advantage […]
Hedge fund Kerrisdale says Webster should consider spinoff
Reuters – Hedge fund Kerrisdale Capital on Monday urged Webster Financial Corp to consider spinning off its health savings business from its main banking operations, a move it said could boost the company’s share price by 36 percent. “We believe […]
What happened with Lumber Liquidators is a perfect example of why hedge funds can be great for America
Business Insider – Whitney Tilson, who runs Kase Capital, just gave us all a great example of how hedge funds can be a force of good. On Sunday,”60 Minutes” and Anderson Cooper ran a damning report about Lumber Liquidators–America’s largest […]
Activist Hedge Funds Are Driving Company Performance
New York (HedgeCo.Net) – Activist hedge funds globally are driving improvements in the share price, operating performance and governance of the companies in which they invest, according to a new paper by AIMA, the global hedge fund industry specialist. The […]
NY Hedge Fund Charity Poker Tournament
Press Release – Private Equity and Hedge Fund Industry Leaders and New York Knicks Legend John Starks Will Unite To Support Career Mentorship Programs for Disadvantaged, Low-Income Individuals. StreetWise Partners, a leading non-profit organization that works with low-income individuals to help […]
Hedge Fund Study Expects Asset Allocation To Rise By 7% In 2015
New York (HedgeCo.Net) – Hedge funds are expected to grow by 7%, up to approximately $3 trillion in assets by the end of 2015, according to the 13th annual Alternative Investment Survey by Deutsche Bank. Institutional investment in hedge funds is set […]
Scutify Releases “Hedge Fund Manager App” On iOS
ValueWalk – The app allows users to play as hedge fund managers, create and manage their fantasy firm with a $100,000 virtual capital. Users can use the virtual cash to try out investing strategies and learn new techniques to create […]
JPMorgan Picks James Ferguson to Oversee Hedge-Fund Services
Bloomberg – JPMorgan Chase & Co. named James C. Ferguson to run the unit that helps private-equity and hedge funds with accounting, valuation and other administrative tasks after trades. Ferguson, a 14-year veteran of JPMorgan, will oversee the Global Alternative […]
Bridgewater launches new hedge fund unit
EFC – In the latest hiring roundup, Bridgewater is recruiting quants, Freddie Mac is adding displaced traders and Deutsche Bank is quietly hiring in New York. The world’s largest and most secretive hedge fund is building a new unit to […]
Neuberger Berman Places Nine Wealth Advisors In Barron’s “Top Financial Advisors” List
PRNewswire – Neuberger Berman, one of the world’s leading private, employee-owned investment managers, announced that nine of the firm’s wealth advisors were included in the Barron’s magazine feature “America’s Top 1,200 Financial Advisors”. The annual state-by-state list shows three of […]