Monthly Archives: September 2011
Hedge Fund People: Tatiana Segal Joins SkyBridge Capital
New York (HedgeCo.net) – $8 billion hedge fund investment firm SkyBridge Capital has hired Tatiana Segal as a managing director and head of risk management. Mrs. Segal was previously a managing director and chief risk officer at Cerberus Capital Management. […]
In Galleon Case, Prison Term Is Seen as Test
DealBook – Federal prosecutors want to send the convicted hedge fund chief Raj Rajaratnam to prison for as long as 24 years, which would be the longest insider trading sentence in history. How a judge rules next week on Mr. […]
Management Shakeup at Soros Hedge Fund
CNBC – Soros Fund Management, the $25 billion hedge fund co-founded by legendary investor George Soros, has named Scott Bessent as its new CIO, according to an investor letter obtained by CNBC. The hedge fund that was co-founded by investor […]
SEC Rule Would Ban Banks and Hedge Funds From Betting on Investor Losses
Death and Taxes – In 2007, as the sub-prime mortage crisis was looming, Goldman Sachs and hedge funder manager John Paulson teamed up to bundle 3,000,000 sub-prime mortgage loans together into a collateralized debt obligation called ABACUS 2007-AC1, and then […]
Hedge fund manager Brevan Howard may return $2bn to clients
CFO World – The hedge fund manager Brevan Howard may return $2 billion (£1.27 billion) to its clients in order to avoid becoming too large, according to reports. Bloomberg, citing sources close to the matter, wrote on Tuesday that investors […]
AdvisorShares Plans Hedge-Fund-Like ETF
Nasdaq -AdvisorShares, the Bethesda, Md.-based firm known for its actively managed ETFs, filed paperwork with U.S. regulators to market it second hedge-fund play with an actively managed fund-of-funds ETF that would take both long and short positions to track long/short […]
U.S. probes hedge funds for insider trades
MarketWatch – The Securities and Exchange Commission has issued subpoenas to hedge funds and other financial firms as part of an investigation of alleged insider trading ahead of the Standard & Poor’s downgrade of its U.S. sovereign credit rating, The […]
Hedge Funds Cut Bullish Bets on Commodity Prices Amid “Contraction Fear”
Bloomberg – Funds cut their bullish bets on raw materials for the first time in five weeks on speculation that demand for food, fuel and metals will decline as the European debt crisis deepens. In the week ended Sept. 13, […]
Obama, Jobs and the G.O.P.
The New Yorker – There is no truer truism in American politics than James Carville’s catchphrase from the 1992 election “It’s the economy, stupid.” When people discuss Barack Obama’s current approval rating, which is at its lowest level ever, they […]
Institutions drop funds of funds for direct hedge fund investments
Pensions & Investments – Institutional investors continue to increase their allocations to hedge funds, but their buying patterns are much different than they were just a year or two ago. Gone are the days when new hedge fund investors automatically […]