Monthly Archives: May 2019
Optima Partners Appoints Private Equity and Hedge Fund Adviser as COO
(HedgeWeek) Global regulatory compliance firm Optima Partners as appointed private equity and hedge fund adviser David Gold as the firm’s Chief Operating Officer (COO). “Hiring David represents a significant investment in Optima’s growth,” says Optima Partners CEO Jonathan Saxton. “His […]
San Diego-Based Investment Adviser Charged with Running a Ponzi Scheme
(HedgeCo.Net) The Securities and Exchange Commission charged Christopher D. Dougherty and several entities he controlled, with operating a Ponzi scheme that defrauded his investment advisory clients out of $7 million. The San Diego District Attorney’s Office separately announced criminal charges […]
Steve Cohen’s Hedge Fund Point 72 Seeks Another $1 Billion
(Bloomberg) Steve Cohen wants more.His Point 72 Asset Management, which attracted $5 billion in outside money last year in a comeback for the hedge fund investor, is seeking to raise an additional $1 billion by September, according to people familiar […]
Optima Partners appoints private equity and hedge fund adviser as COO
(Hedgeweek) Global regulatory compliance firm Optima Partners as appointed private equity and hedge fund adviser David Gold as the firm’s Chief Operating Officer (COO). To read this article:
Hedge Fund Co-Investing Quickens as Investors Chase Bigger Gains
(Bloomberg) Hedge fund co-investments are becoming increasingly popular as allocators including pensions and endowments seek bigger gains and lower fees. About 41 percent of investors said they plan to put money to work alongside hedge funds this year, according to […]
Swedish hedge fund Nektar to close after top investor redeems
(Reuters) – Swedish hedge fund Nektar Asset Management said on Thursday it would close after top investor Brummer & Partners notified of plans to redeem its entire investment. To read this article:
Human Hedge Fund Managers Embrace Robot-Rival Tools to Amp Returns
(Reuters) Traditional stock-pickers in the hedge fund world have been struggling to justify their expenses and weak returns in recent years, as low-cost algorithmic funds have done better. Now, human managers are starting to embrace the technologies employed by their […]
Highland Capital Names Joe Sowin co-CIO
(Opalesque) Highland Capital Management has named Joe Sowin co-chief investment officer (CIO). Sowin previously served as Highland’s head of global equity trading. Sowin joined Highland in 2010. Sowin joins Highland co-founder Mark Okada in the co-CIO role. Trey Parker, a […]
Brexit: 20% of Investors Seek Advice on Moving UK Financial Assets Overseas
(Opalesque) More than 20 per cent of clients of one of the world’s largest independent financial advisory organisations have sought advice on moving UK assets out of Britain since the Brexit vote in 2016. The alarming statistic from deVere Group, […]
Industry Body AIMA Publishes Guide Book to Clarify Role of Responsible Investment in Hedge Fund Industry
(Opalesque) The Alternative Investment Management Association (AIMA), in partnership with Simmons & Simmons, has today published its Responsible Investment Primer to provide an overview as to how hedge fund managers may approach responsible investment, and to encourage dialogue between investors […]
Industry Body AIMA Publishes Guide Book to Clarify Role of Responsible Investment in Hedge Fund Industry
(Opalesque) The Alternative Investment Management Association (AIMA), in partnership with Simmons & Simmons, has today published its Responsible Investment Primer to provide an overview as to how hedge fund managers may approach responsible investment, and to encourage dialogue between investors […]
Dealbook Briefing: C.E.O.s Fret About Society at Milken
(New York Times)Billionaires and business leaders have flocked to Los Angeles for the annual Milken Institute Global Conference, where they plan to get business done — and find refuge from populist movements. The conference is seen as more business-focused than […]