Monthly Archives: July 2013
Ashland looks to sell water treatment unit after hedge fund push
Reuters – Valvoline motor oil maker Ashland Inc said it was considering selling its water technologies unit, but activist investor Jana Partners said the company needs to do more to boost value for shareholders. Ashland’s water treatment business, the third largest […]
Hedge Fund Thief, Renata Shamrakova, Tries Crowdfunding To Avoid Jail
Inquisitir – Renata Shamrakova, who stole nearly $1million in her role as a hedge fund manager’s assistant, has now turned to crowdfunding in an attempt to stay out of prison. The 28-year-old, who was Todd Meister’s assistant, was ordered to […]
SkyBridge Multi-Advisor Hedge Fund Portfolios
Risk.Net – Winner of best diversified fund of hedge funds over one year and FoHF of the year, SkyBridge Multi-Advisor behaves more like a multi-strategy fund with high conviction positions that produce alpha If it walks like a duck and […]
Hedge Funds: From Rock Stars to Fallen Stars?
ABC – Hedge funds were once the rock stars of the financial industry. The smartest people worked for them. The wealthiest gave them their money. They were an easy path to fortune. But if that get-rich-quick narrative was an exaggeration […]
Paloma’s Sussman forecasts growth for hedge fund industry
Risk.Net – Donald Sussman, founder of Paloma Partners, is a pioneer of quantitative investment strategies, and a champion of talented hedge fund managers. The Cuban revolution was the catalyst that launched the financial career of Donald Sussman. As a precocious […]
Not Guilty Plea: SEC vs. Hedge Fund SAC
New York (HedgeCo.Net) – The SEC yesterday charged Steven A. Cohen’s hedge fund SAC Capital Advisors with insider trading ahead of major announcements by technology companies. The firm was charged in federal court in Manhattan with wire fraud and four […]
Bruce Lipnick founder and CEO of Crowd Alliance speaks at the Washington DC VC and Angel Event
New York (HedgeCo.Net) – Bruce H. Lipnick, Founder and CEO of Crowd Alliance was invited to speak at the Washington DC VC and Angel Event. Mr. Lipnick joins some of the leading industry experts in the Crowdfunding Industry including, David […]
FrontLine Compliance Relocates Headquarters to Rockville, Maryland Firm Expands Office Infrastructure in Washington, DC Area
FrontLine Compliance, LLC, a leading regulatory compliance consulting firm, will open its new office headquarters at 6010 Executive Boulevard in Rockville, Maryland on August 1, 2013. The firm will continue to be based in the Washington, DC metropolitan area. The […]
[Updated] Cincinnati Hedge Fund Manager Accused Of Running A Ponzi Scheme
[RETRACTION NOTICE] A previously published version of this article stated that Sarasota-based Aviance Capital Management served as a sub-advisor for Landmark Capital Management, Inc. While Aviance was listed a sub-advisor for LCM in 2008, Aviance ceased its sub-advisory role in […]
Hedge Funds To Pay $500K In Sanctions To Texas Pacific Group
New York (HedgeCo.Net) – Private equity firm Texas Pacific Group (TPG) has been awarded approximately $500,000 in sanctions against three hedge funds who had been pursuing involuntary bankruptcy petitions against two former TPG related companies, according to a report by law […]
U.K. Lawmakers Urge Curb on Hedge Fund Takeovers
TheStreet – A committee of U.K. lawmakers Thursday, July 25, revived the debate about limiting the voting power of hedge funds during takeovers and called on the government to study merger policies in comparable jurisdictions amid skepticism about the benefits of […]
Hedge Funds: You Name It, They Trade It
Kiplinger – Hedge funds are coming under fire, with recent articles in The Washington Post and BloombergBusinessweek. In this column written six years ago, when hedge funds were flying high, I laid out what I didn’t like about them on […]