Monthly Archives: September 2014
Stepson of the Blues LLC to Launch Alternative Investment Ad Campaign
PRNewswire – Title II of the Jobs Act removed the ban on general solicitation and created enormous opportunities for capital formation. Zacks Direct’s latest client leveraging this opportunity is Stepson of the Blues LLC as they seek capital from accredited […]
Investors still loving hedge funds even as CalPERS exits
Reuters – Despite the recent rebuke of hedge funds by the influential California Public Employees’ Retirement System, other investors are pumping billions into these portfolios, boosting industry assets to a record $3.1 trillion, data released on Wednesday show. Research firm […]
SEC Sanctions 19 Hedge Fund Advisers, Private Equity Firms
New York (HedgeCo.Net) – The SEC has issued sanctions in an enforcement initiative uncovering certain hedge fund advisers and private equity firms that have illegally participated in an offering of a stock after short selling it during a restricted period. The SEC last […]
Allergan reaches truce with suitors on special shareholder meeting
Reuters – Allergan Inc. has agreed not to throw up any roadblocks to a special shareholder meeting on Dec. 18, giving Pershing Square Capital Management a chance to attempt its threatened replacement of Allergan board members. The battling parties late […]
Innovative Dealflow Platform Revolutionises Investor and Capital Raiser Relationships
The Commodities Investment Exchange (CoinVex) platform allows managers of Private Equity, Family Offices and Energy companies to identify global cross commodity/cross transaction investment opportunities and connect directly with Capital Raisers. In eliminating the need for Brokers, CoinVex is focused on […]
Newgate Compliance Successfully Completes First FCA Application
Newgate Compliance, the independent compliance consultancy firm co-founded by former FCA Regulators Martin Herriot and Aron Brown, has completed its first FCA application successfully without delays and beating all timing expectations. The application was submitted on behalf of global investment […]
Source Launches In The United States
PRNewswire – Source, a global investment firm and one of the fastest-growing Exchange Traded Fund (ETF) providers in Europe, is bringing its distinctive approach, established track record and considerable resources to the U.S. market. The firm’s U.S. launch is spearheaded […]
Investcorp Acquires Approximately $250 Million In Real Estate
New York (HedgeCo.Net) – Investcorp, the $11 billion hedge fund manager, is expanding its U.S.-based real estate arm. Through separate transactions, Investcorp has acquired a portfolio of office and industrial properties in Durham, NC, Seattle, WA and Jacksonville, FL for […]
Sears borrows $400 million from CEO’s hedge fund
MarketWatch – Sears Holdings Corp. is borrowing $400 million from Chief Executive Edward Lampert’s hedge fund, giving the retailer an infusion for the holidays after it burned through cash over the summer. The loan is being made by entities affiliated […]
Goldman Sachs’s Oryza Asia Hedge Fund Said to Top $1 Billion
Bloomberg – Goldman Sachs Investment Partners, set up to allow clients to invest with some of the bank’s top proprietary traders, raised about $1 billion for its first Asia hedge fund, said two people with knowledge of the matter. The […]
CalPERS Criminal Prosecutions Needed To End Public Pension Fraud
Forbes – Yesterday a federal grand jury indicted two former top officials of CalPERS, the nation’s largest public pension fund on fraud, conspiracy and obstruction charges. Three years after the “pay-to-play” influence peddling scandal surfaced at the $225 billion fund, […]
TMF Custom House Fund Services Launches New Platform In Conjunction With AIFMD Reqirements
New York (HedgeCo.Net) – Hedge fund service provider TMF Custom House Fund Services, announced that it is now offering clients a depositary lite, or ‘Depo Lite,’ platform to support alternative investment managers marketing their funds in Europe to fulfill their […]