Monthly Archives: April 2014
Tech Company Insider Charged With Tipping Off Hedge Funds
New York (HedgeCo.Net)- The 45th defendant charged by the SEC in its ongoing investigation into the activities of expert networks has agreed to settle the SEC’s charges. The investigation has exposed widespread insider trading by investment professionals, hedge funds, and […]
Soros Asia hedge fund spin-out hires ex-Goldman exec as CFO
Reuters – Pleiad Investment Advisors, a hedge fund spin-out from Soros Fund Management, has hired former Goldman Sachs prime brokerage executive Vien Chiu as its chief financial officer, as it prepares to launch in the third quarter of 2014. Johannes […]
Hedge Fund Billionaire Tom Steyer Comes Under Republican Attack
Forbes – When liberal billionaire Tom Steyer ran his hedge fund firm, he worked so hard to stay under the radar that his Farallon Capital Management was known as a secretive operation in the investment community. He avoided publicly and guarded his privacy […]
Daley, Former White House Chief of Staff, Joins Hedge Fund
NYT – William M. Daley, a former White House chief of staff, has joined an upstart hedge fund based in Switzerland in a return to the financial industry. Mr. Daley, 65, who was a JPMorgan Chase executive before joining the […]
Hedge fund Greenlight Capital warns of tech stock bubble
SFGate – Greenlight Capital Inc., the $10.3 billion hedge fund firm run by David Einhorn, said it is betting against a group of technology stocks as evidence grows of a bubble. “There is a clear consensus that we are witnessing our second […]
Hedge Fund People: Ignacio Sosa to Join DoubleLine
New York (HedgeCo.Net) – Ignacio Sosa, previously Executive Vice President for Global Bond Product Management at PIMCO, will join DoubleLine Capital LP next month as Director of the firm’s newly formed Product Solutions Group. DoubleLine and its affiliates managed approximately $49 billion in […]
If You Can’t Beat Bill Ackman And The Hedge Fund Barbarians, Join Them
Forbes – For decades, chief executives and corporate directors were coached to resist the onslaught of hedge fund activists and other corporate raider investors. Armies of investment bankers and lawyers backed the CEOs and board members, called the activists derisive […]
Draft hedge fund regulations released
Johannesburg – In-depth draft regulations to expand the scope of oversight over hedge funds were released for public comment by the Treasury and Financial Services Board (FSB) last week. The Treasury and the FSB said South Africa, as a committed […]
SEC Takes Aim at Hedged Mutual Funds’ Leverage, Liquidity
Bloomberg – The U.S. Securities and Exchange Commission is reviewing whether certain alternative mutual funds that mimic riskier hedge-fund strategies are complying with leverage and liquidity rules. The SEC plans to test around 25 of the funds over the next […]
Hedge fund Greenlight Capital warns of tech stock bubble
SF Gate – Greenlight Capital Inc., the $10.3 billion hedge fund firm run by David Einhorn, said it is betting against a group of technology stocks as evidence grows of a bubble. “There is a clear consensus that we are witnessing our […]