Monthly Archives: April 2014
Calamar joins with NYC hedge fund for senior housing venture
Biz Journals – In what may be a major expansion into the development of senior housing nationwide, Calamar Enterprises Inc. has created a joint venture with one of the country’s largest hedge fund operators. Kenneth Franasiak, Calamar president and CEO, […]
Hedge Fund Industry Growing With Pensions To Thank
ValueWalk – J.P. Morgan’s Prime Brokerage business indicated that hedge fund managers delivered a better performance in 2013 compared with the previous year in its 2014 Investor Sentiment Report released on March 28, a copy of which was reviewed by ValueWalk. The […]
Lone Star Value hedge fund plans to take its objection over Hilltop’s $7.88-a-share buyout of SWS Group directly to shareholders
Dallas News – Activist hedge fund investor Lone Star Value Management is vigorously objecting to Dallas-based Hilltop Holdings’ $7.88-per-share buyout of the parent of Southwest Securities Inc. and Southwest Securities FSB of Dallas. In a letter to SWS Group’s board of director, Connecticut-based […]
Survey: Hedge Funds Struggling to Meet SEF Regulatory Preparedness
New York (HedgeCo.Net) – With the Dodd-Frank rule becoming effective for certain swaps to be mandatory when traded on Swap Execution Facilities (SEFs), a new survey by IPC Systems finds that the hedge fund industry is underprepared to meet the requirements of these […]
Capstone’s Britton Foresees a $10 Billion Volatility Hedge Fund
Bloomberg – Capstone Investment Advisors LLC’s Paul Britton, whose volatility hedge-fund firm oversees $2.5 billion, predicts that within five years his small sector of the industry will produce a pool whose size rivals some of the biggest managers today. Britton […]
BlackRock, Schroders hiring in the U.S.; hedge funds adding staff in London
EFC – In this week’s hiring roundup, Schroders is building up its investment team, BlackRock stays hyper-active and two London hedge funds are adding staff. Former J.P. Morgan and UBS bankers are launching a new hedge fund in London and […]
Why Your Average Investor Is Crushing Big Hedge Funds These Days
Business Insider – Everyone’s talking about the stock market’s “internal correction”: investors have been dumping high-beta, momentum stocks for low-beta, value names. Facebook is among the stocks that are down more than 20% during the period. Read Complete Article
Hedge funds reluctant to use Jobs Act
Risk.Net – Hedge fund managers have given a lukewarm reception to the Jobs Act, which opens the door to more visible marketing and advertising of fund vehicles. Many alternative fund managers remain sceptical about the benefits of the act and […]
Preqin: Hedge fund and private equity managers not in rush to market funds
P&I – Private equity and hedge fund managers have yet to take advantage of the loosening of marketing restrictions in the JOBS Act signed by President Barack Obama in April 2012, according to a survey by Preqin. The survey of […]
Eurekahedge 2014 Index Up $30 Billion In Q1, Down In April
New York (HedgeCo.Net) – Hedge funds started the first quarter of the year with another month of negative returns, down 0.18% in March as managers navigated through a choppy start to the year. However, strong returns posted by fund managers […]
N.J.-Based Brokerage Firm Charged With Manipulative Trading
New York (HedgeCo.Net) – The SEC has charged the owner of a Holmdel, N.J.-based brokerage firm with manipulative trading of publicly traded stocks through an illegal practice known as “layering” or “spoofing.” The SEC also charged the owner and others for […]
SEC Announces Additional $150,000 Payment to Recipient of First Whistleblower Award
The Securities and Exchange Commission today announced that the whistleblower who received the first award under the agency’s new whistleblower program will receive an additional $150,000 payout after the SEC collected additional funds in the case. The whistleblower, who the […]