Monthly Archives: May 2014
Hedge Funds Replace Banks as Europe Property Lenders
Bloomberg – Investors in commercial mortgage bonds have grown so tired of waiting for Europe’s market to recover after the financial crisis that they are now lending directly to property developers. Cheyne Capital Management (UK) LLP and Insight Investment Management […]
Carne Launches AIFMD Guide For Hedge Fund Managers
New York (HedgeCo.Net) – Carne has launched the latest in its popular series of guides for fund managers, the AIFMD Guide for Asset Managers. “There remains a great deal of confusion in some quarters of the funds industry about the obstacles […]
RWC Launches Global Dividend Fund
RWC has launched the RWC Global Enhanced Dividend Fund managed by its Equity Income Team. Ian Lance, John Teahan and Nick Purves, all of whom joined RWC in 2010, currently manage $4bn in Equity Income funds. The RWC Global Enhanced […]
Lawyers as SEC Enforcement Targets, What a Fund Manager Needs to Know
In a move that should place securities lawyers and their clients on notice, Commissioner Kara Stein of the Securities and Exchange Commission (“SEC”) recently indicated that lawyers may become targets of SEC enforcement actions when a registrant has been poorly […]
Card playing JPMorgan head joins top hedge fund
HITC – Jeremy Wien, JPMorgan’s head of VIX trading and a competitive poker player, is joining hedge fund Och-Ziff Capital Management Group. Bloomberg News reports that Wien, 29, will trade equity-index derivatives at Och-Ziff, he said Thursday in an e-mail […]
Alibaba Co-Founder Joe Tsai Linked to Planned Hong Kong Hedge Fund
WSJ – A former SAC Capital Advisors LP portfolio manager is preparing to launch a hedge fund in Hong Kong with a co-founder of Alibaba Group Holding Ltd. as a potential backer, people familiar with the matter said. Andrew Bazarian, […]
How Hedge Funds Are Pushing Companies To Leave America
Forbes – Mallinckrodt is a pharmaceutical company specializing in pain treatment. Its name may sound foreign, but it traces back to the Mallinckrodt brothers, who founded the company in St. Louis in 1867. Most of the company’s sales take place […]
SEC Investigates Possible Hedge Fund Collusion Against Bill Ackman’s Massive Herbalife Short
Reuters – The U.S. Securities and Exchange Commission (SEC) is probing whether a number of hedge funds many have acted improperly when they made bets on nutrition and weight loss company Herbalife Ltd last year, a source said. The regulator […]
HedgeCo Attracts Another Equity Partner And Joins Forces With GEMS Kenmar-Olympia Group
New York (HedgeCo.Net) – HedgeCo Networks, LLC, a preeminent service provider to the hedge fund industry and operator of the world’s most trafficked database for hedge fund information (HedgeCo.Net), continues to attract global leaders in the alternative investment field. Just […]
What Hedge Funds Need to Know About The May 5th FATCA Deadline
New York (HedgeCo.Net) – The Foreign Account Tax Compliance Act (FATCA), is arguably a thorn in the sides of many foreign hedge funds. While some funds are attempting to tackle compliance flying by the seats of their pants, for others, […]
Dentons Hit With $146M Malpractice Suit For Loans To Petters
Law360 – Dentons was hit by a legal malpractice action in Illinois state court on Tuesday by a hedge fund that says the firm’s shoddy work on $146 million in loans made to Ponzi schemer Thomas Petters resulted in the […]
Hedge honcho: Activists killing ‘golden goose’
CNBC – Jeffrey Ubben, founder of $14 billion activist hedge fund firm ValueAct Capital, believes that some of his fellow corporate agitators are doing undue harm to companies. “We better be careful we don’t kill the golden goose. I think […]