Monthly Archives: July 2014

Ireland to give green light for hedge funds to lend

Reuters – Ireland, one of the biggest hubs for funds in Europe, will allow hedge funds based in the country to lend to companies under new rules drawn up by the central bank, the bank said. With banks in Europe […]

Meet Chicago’s first ‘enlightened’ hedge fund. Yes, enlightened

Crain’s – There’s no CEO or dress code. But there is a feng shui consultant and nostalgia for the early days of the hedge-fund craze. No reception desk or smiling gatekeeper greets you at the entrance of Satori Investment Partners […]

How To Get A Job At A Hedge Fund

Forbes – Though quite a few hedge funds were severely battered by the Great Recession, the business still holds a powerful allure. Mysterious and secretive, hedge funds dangle the possibility of enormous paydays and a work environment populated by intense […]

6 New Hedge Funds Seeking Bitcoin Returns

Coin Desk – It’s been a bumper year for bitcoin hedge funds. While the entry of big money from Wall Street into the bitcoin markets is discussed with equal measures of glee and rage in the community, some big-money financiers […]

Hedge Funds Bet Big on Overseas Tax Deals

WSJ – Hedge funds are wagering billions of dollars on companies they believe will benefit from a wave of takeover deals designed to lower taxes for U.S. acquirers. The boom in “inversion” deals, in which a U.S. firm buys a […]

Multi-Strategy Funds Win Big At The Hedge Funds Review Americas Awards 2014

New York (HedgeCo.Net) – Hedge Funds Review and partner BarclayHedge have announced the winners of this years “Hedge Funds Review Americas Awards 2014.” Multi-strategy hedge funds were the big winners at the Hedge Funds Review Americas Awards, with Whitebox Advisors named ‘Best […]

Barclays files to dismiss New York lawsuit against ‘dark pool’

Reuters – Barclays Plc urged the dismissal on Thursday [July 24] of a lawsuit from the New York attorney general alleging the bank lied to clients about its high-speed trading venue, saying the complaint had “fatal flaws” because Barclays’ customers […]

European Hedge Funds Scramble to Pass First Test Under EU Regulations

WSJ – European hedge funds have scrambled to pass their first test under complex new European Union regulations amid confusion over the timing and introduction of the rules. Tuesday at 5 p.m. marked the official deadline by which managers in […]

Hedge Fund Perry Capital Bets on Paper Mills, Puerto Rico

Bloomberg – Perry Capital, the $10.9 billion hedge-fund firm run by Richard Perry, is betting on the paper and packaging industry anticipating that the value of companies could double if they adopt a new tax structure. Perry took positions or […]

Fung, Taveras criticize Raimondo for withholding hedge fund records

Providence Journal – Gubernatorial candidates Republican Allan Fung and Democrat Angel Taveras can agree on at least one point: Their opponent, General Treasurer Gina Raimondo, should release documents related to the state pension system’s hedge fund investments. Fung and Taveras […]

This Hedge Fund’s $6.8 Billion Tax Break Is Going to Enrage You

Time – Short-term trades are usually taxed like regular income. But not if you are a hedge fund with a helpful banker. If you invest or do any stock trading outside of a 401(k) or IRA account, you know that […]

Republican lawmaker to grill U.S. SEC over Ackman tactics

Reuters – A U.S. lawmaker will pressure the U.S. Securities and Exchange Commission on Thursday [July 24] to consider a raft of reforms, after William Ackman’s aggressive efforts to take over Allergan Inc. raised concerns about loose rules governing disclosure […]