Monthly Archives: November 2013
Can Hedge Fund Billionaire Paul Tudor Jones Save America’s Public Education System?
Forbes – If the folkloric character of Robin Hood actually existed, he’d be hard-pressed to find any place better to ply his trade than Greenwich, Conn., perhaps the wealthiest town in the world. It happens to be the home of […]
US hedge fund ups stake MediaWorks
New Zealand Herald – US hedge fund Oaktree Capital, which is in the process of floating Australia’s Nine Entertainment, has lifted its stake in local free-to-air broadcaster MediaWorks, whose stable includes TV3 and Four, and radio stations including the Rock, […]
Hedge Fund Blackrock’s VP Wins Effecting Change Award, 100WHF Raised $1.27M
New York (HedgeCo.Net) – 100 Women in Hedge Funds has raised $1.27 million for Best Buddies International through their New York Gala and other fundraising events in 2013. Best Buddies is a global nonprofit that creates opportunities for one-to-one friendship, integrated employment […]
SEC Falls Short In Bid To Revive Claims Against Hedge Fund
Law360 – A Georgia federal judge Tuesday refused to reconsider his decision to narrow claims brought by the U.S. Securities and Exchange Commission in an enforcement action accusing two hedge fund managers and their firms of fraud. U.S. District Judge […]
Mark Megalli Charged With Insider Trading, Giving His Hedge Fund $3.2M Edge
New York (HedgeCo.Net) – Another New York hedgie has gotten himself in trouble with the SEC after he used nonpublic information about a clothing company to give the hedge fund where he worked a $3.2 million trading edge. The SEC […]
Andy Warhol sale breaks record as Steven A. Cohen unloads art
LA Times – An Andy Warhol work depicting a gruesome car crash has sold for $105.4 million at auction, a record amount for the pop artist. The sale was made Wednesday evening at a Sotheby’s auction of contemporary art in New York. […]
Christie’s Dinner Guest After Big Win? Steve Cohen
FOX – New Jersey governor Chris Christie personally invited hedge-fund billionaire Steve Cohen to his re-election victory party last week just hours after Cohen paid a $1.2 billion penalty and his fund, SAC Capital, pleaded guilty to criminal insider-trading charges, […]
Sean Lavin to Launch Medical Technology Coverage
BTIG, LLC, a global financial services firm specializing in institutional trading and related brokerage services, today announced that Sean Lavin, M.D., joined BTIG’s Research Department as a Managing Director and Senior Analyst to launch the firm’s coverage of the medical […]
Hedge Funds Vulnerable to an Early ‘Taper’: SocGen
Barron’s – Hedge funds are long stocks, short volatility and shunning the dollar. It’s a recipe for pain if the consensus about Janet Yellen and the Federal Reserve is wrong. That’s the message at Societe Generale today, where strategist Alain Bokobza and five co-authors run through hedge fund-exposure. […]
JPMorgan, Citi win bigger share of investment banking revenue
Hedge World – U.S. investment banks JPMorgan Chase & Co. and Citigroup Inc. saw their share of investment banking revenue increase more than any of their peers in the first nine months of the year, new research showed on Thursday […]
Launch: Track Your Favorite Billionaire Hedge Fund Investor
New York (HedgeCo.Net) – A New York and Buenos Aires-based technical team yesterday launched an index with an app that allows users to follow hedge fund billionaires’ investment practices. “The iBillionaire Index is designed to track and measure the performance of […]
Goldman Sachs To Dump Hedge Funds To Comply With Volcker Regulations
New York (HedgeCo.Net) – In order to comply with new regulatory changes, Goldman Sachs has said that it is winding down it’s hedge fund business, CNBC reports. Lloyd Blankfein, CEO of the investment giant, indicated that clients will continue to […]