Monthly Archives: July 2013
Opinion: Hedge Fund Advertising, The Benefits Out-Weigh The Risks
New York (HedgeCo.Net) – The Securities and Exchange Commission this week adopted a measure to allow companies, including hedge funds and other private entities, as well as public companies, to raise money through general solicitation of, and advertising to, the […]
Hedge Fund People: Matthew Clark to Join Citi
New York (HedgeCo.Net) – Matthew Clark is joining Citi’s Prime Brokerage business as a Managing Director and Global Head of Client Solutions. In this role, he will oversee all regional client service and client solutions teams across Prime Finance, Futures, […]
Ex-Citigroup Trader Raises Less Than $100 Million for Hedge Fund
Bloomberg – Portman Square Capital LLP, founded by ex-Citigroup Inc. (C) proprietary-trading unit head Sutesh Sharma, opened with less than a fifth of the amount the hedge fund originally sought, said two people with knowledge of the matter. The firm began […]
Hedge Funds End Seven-Month Winning Streak
CNBC – Hedge funds around the world saw negative returns in June to end seven months of straight gains amid a broad pull-back in equity markets, with those in Asia ex-Japan the worst hit, data from research firm Eurekahedge show. […]
Twitter lampoons hedge-fund managers after SEC lifts ad ban
MarketWatch – So, for hedge-fund managers, the good news is, they can advertise publicly now, after the Securities and Exchange Commission lifted a decades-long ban. The bad news is, the industry is getting made fun of in a big way on […]
Property Crushes Hedge Funds in Alternative Markets
Bloomberg – Hamilton “Tony” James looked up from his notes and peered out at the audience over the rims of his glasses. The investors seated in the chandelier-adorned meeting room of New York’s Waldorf-Astoria hotel had been in their chairs for […]
Seth Klarman’s Baupost Hedge Fund Loses More Than $150 Million On Gold Miners
Forbes – In October, Marcel “Mac” DeGuire became president and chief operating officer of Guyana Goldfields, an exploration-stage company listed on the Toronto Stock Exchange that has been losing money trying to develop gold mines in South America for years. […]
Hedge Funds Post First Monthly Loss of 2013
July 10, 2013 – New York, NY – Hennessee Group LLC announced today that the Hennessee Hedge Fund Index declined -1.30% in June (+4.76% YTD), whilethe S&P 500 declined -1.50% (+12.63% YTD), the Dow Jones Industrial Average decreased -1.36% (+13.78% YTD), and the NASDAQ Composite Index fell -1.52% […]
SEC votes 4 to 1 to approve the JOBS Act and lift advertising ban on Hedge Funds
New York (HedgeCo.Net) – This morning the SEC delivered a much awaited decision regarding how they interpret the portions of the JOBS Act that address the approval of advertising for securities sales to accredited investors. In a 4 to 1 […]
JOBS ACT Hedge Fund Marketing Strategy
The hedge fund industry is the most competitive industry in the world, where portfolio managers are constantly struggling to identify inefficiencies in the capital markets and quickly take advantage of them before their competitors. The most extreme example of this […]
Opalesque Roundtable: Changed Capital Flows in the Gulf
New York (HedgeCo.Net) – As in any other region, investors in the Middle East are shifting their portfolios as a response to the current market environment and challenges, with many moving away from fixed income. Tangible assets and “anything with an […]
Compliance Technology Now A Necessity For Hedge Funds
Forbes – Once viewed as a luxury reserved for only the largest hedge funds, compliance technology has entered the mainstream. The complexity of reporting obligations, combined with the expanded number of hedge fund investment advisers that are now registered with the SEC […]