Monthly Archives: April 2019
Preliminary Injunction Obtained Against Investment Adviser Who Allegedly Targeted Israeli-Americans
(HedgeCo.Net) The order, entered on April 10, 2019 by the Honorable Percy Anderson of the U.S. District Court for the Central District of California, preliminarily prohibits Motty Mizrahi and MBIG Company from violating the antifraud provisions of Section 10(b) of […]
Neuberger Berman closes Private Debt Fund III at $1.7bn
(Hedgeweek) Neuberger Berman has held the final close of NB Private Debt Fund III at USD1.7 billion, surpassing its target of USD1.5 billion. To read this article:
Hedge Funds Were Aggressive Buyers During Health-Care Sell-Off
(Bloomberg) Some of the health-care industry’s biggest stock-market backers are standing firm against the carnage spurred by growing angst over medicare for all. Rather than bailing, hedge funds have rushed in to snap up the shares. To read this article:
Activist Hedge Fund Urges Singapore REIT Merger to Boost Value
(Bloomberg) Two Singapore REITs are being urged to join the wave of consolidation starting to sweep the industry. To read this article:
Hedge funds bet big on spike in U.S. gasoline prices:
(Reuters) – Hedge funds are betting heavily on higher gasoline prices this summer, anticipating that refiners will struggle to produce enough gasoline to replenish depleted stocks while ramping up diesel output for the shipping industry. Hedge funds and other money […]
Investors Continue to Pull Money From Hedge Funds Despite Performance Rebound, Says eVestment
(HedgeWeek) Despite a strong start to the year, which saw Q1 2019 average hedge fund performance hit +5.34 per cent, investors continued to pull money from the sector, redeeming an estimated USD13.69 billion in March, according to the March 2019 […]
SEC Halts Misappropriation and Fraudulent Securities Offering
(HedgeCo.Net) The Securities and Exchange Commission has obtained an emergency asset freeze and temporary restraining order to halt an ongoing fraudulent securities offering by Eric D. Lyons, a Massachusetts resident, in an attempt to conceal his misappropriation from certain hedge […]
Hedge Fund Index up +0.43% for March
(Opalesque) The Hennessee Hedge Fund Index increased +0.43% for the month (+5.70% YTD), while the S&P 500 was up +1.79% (+13.06% YTD), the Dow Jones Industrial Average increased +0.05% (+11.16% YTD), and the NASDAQ Composite Index gained +6.18% (+20.53% YTD).Bonds […]
FlexTRADER extends Goldman Sachs actionable IOI liquidity
(Hedgeweek) FlexTrade Systems has extended Goldman Sachs’ actionable IOI functionality within the FlexTRADER EMS. To read this article:
iM Global Partner acquires stake in Scharf Investments
(Hedgeweek) iM Global Partner has acquired a 40 per cent interest in Scharf Investments, an independently owned and employee-controlled US equity value firm with USD3.4 billion in AUM as of end of March 2019. To read this article:
Iran sanctions decision rewards hedge fund oil bulls
(Reuters) – Hedge fund managers added even more bullish long positions in crude oil and gasoline last week as traders bet prices will continue rising despite a sluggish economy and political sensitivity around escalating motoring costs. The Trump administration’s decision […]
Gramercy Funds Management names Mohamed A. El-Erian as senior advisor
(Opalesque) Gramercy Funds Management LLC, a $6 billion dedicated emerging markets investment manager, today announced that Dr. Mohamed A. El-Erian will be involved with the firm on a part-time basis as a Senior Advisor. Dr. El-Erian is a renowned economist […]