Monthly Archives: April 2012
Hedge Funds Go on Attack In India
WSJ – After years of complaining about poor treatment as minority investors in India’s publicly traded companies, some Western hedge funds are turning to activist tactics that have not often been tried here. The recent moves may mark the beginning […]
Falcone mulls voluntary bankruptcy for LightSquared
Chicago Tribune – Hedge fund manager Philip Falcone said in an interview on Wednesday he is “seriously considering” filing a voluntary bankruptcy for LightSquared, the struggling telecom startup in which his Harbinger Capital Partners is the majority owner. Falcone said […]
Wall St. attacks Obama for tactic it uses
Washington Post – In 2008, Wall Street backed Barack Obama. Hedge fund operators, private equity investors and mega-bank executives gave his campaign twice the amount they contributed to John McCain. Many of the financial masters of the universe saw in […]
Pressure on black box hedge funds after missing Q1 rally
Reuters – Some of Europe’s biggest computer-driven hedge funds have failed to profit from the stock market’s rebound in 2012, once again frustrating investors in a sector that has sucked in tens of billions of dollars in assets in the […]
Hedge Fund Advisor Oak Hill Promotes William Bohnsack, Jr. to President
New York (HedgeCo.net) – Glenn R. August, Founder and Chief Executive Officer of Oak Hill Advisors, L.P. (“OHA”), today announced the promotion of William H. Bohnsack, Jr. to President. Bohnsack has served as the investment management firm’s Chief Operating Officer since 2001 […]
LPL Financial Launches WomenInvest Marketing and Practice Management Platform
PRNewswire – LPL Financial LLC, the nation’s largest independent broker-dealer* and a wholly owned subsidiary of LPL Investment Holdings Inc. (NASDAQ: LPLA), today announced the launch of WomenInvest, a new marketing and practice management platform. WomenInvest provides a comprehensive suite of […]
Hedge fund Pentagon Capital Management’s fine is increased to $100m
Telegraph – Pentagon Capital Management, which was run by Lewis Chester, a contemporary of David Cameron at Oxford University, was ordered in February by US District Judge Robert Sweet to pay $76.8m after the fund was found to have engaged […]
San Francisco 49ers Team Up With Hedge Fund Industry to Prevent Child Abuse
New York (HedgeCo.net) – The San Francisco 49ers’ players, coaches, alumni, cheerleaders and team co-chairman John York will make a special appearance at the 11th Annual San Francisco “Open Your Heart to the Children” Benefit organized by Hedge Funds Care […]
Changing of the Guard for Hedge Funds
Forbes – The dynamics of the hedge fund industry are changing and so are the managers. The days of expert networks, massive fund inflows and controlled trading are history. Hedge funds are seeing outflows compared with other investments, like high frequency trading funds and […]
JOBS Act to Bring Light to Hedge Funds
Wall Street Pit – A great example of way regulations tend to protect industries from competition more than help consumers, a great example is the law that prevents hedge funds from disseminating their performance. This allows funds to create massive […]
Evidence of fraud at MF Global
Futures – The Commodity Customer Coalition delivered a memo to U.S. Attorney General Eric Holder as well as U.S. attorneys from New York and Chicago and members of Congress stating that there is clear evidence of an intent to commit […]
Dame Amelia offers hedge funds a regulatory window
The Globe and Mail – For the hedge fund industry, facing the threat of heavy regulation, it comes down to the old maxim: If you want something done right, do it yourself. Hedge funds were vilified for feeding the U.S. housing […]