Yearly Archives: 2007
Ethically Minded Investments & Hedge Funds
HedgeCo.Net (New York) – Growing concerns over issues such as global warming have meant that more investors are looking for an ethically minded fund, especially one thatmakes a profit. An innovator in ethical investing is Charlie Thomas, head of Jupiter […]
Kennedy Closes Deal With Hedge Fund for 119 Hurricane Struck Homes
HedgeCo.Net (New York) – Trinity Development Partners along with equity partner Stillwater Capital Partners, a NY-based hedge fund, closed a $23.3 million deal with private lender Kennedy Funding for a waterfront real estate purchase in West Palm Beach, Florida. The […]
Anne Marie Gagnon Joins Voyager Management
HedgeCo – Anne Marie Gagnon has joined hedge fund firm Voyager Management, LLC as a partner responsible for strategic and business development, including global marketing and distribution to the firm’s private client and institutional investors. The partnership appointment was announced […]
AIM-TO announces interface w/ Australian Investment Bank
HedgeCo.net — New York, NY (January 17, 2007) AIM-TO announce a successful launch of a new version of their post-trade, operation reporting and risk management platform VerusHedge. The new version of the software has a specialized interface with Australia’s leading […]
Austock launches into hedge fund sales
Financial Standard – Austock Securities has snapped up two directors from Citigroup’s hedge fund sales business to start their own hedge fund sales team. Nicki Ashton and Michael Cori both worked as directors in hedge funds sales at Citigroup prior […]
Rand weaker on hedge fund sell-off
Reuters South Africa – South Africa’s rand eased against the dollar on Monday, tracking a general weakness among commodity currencies triggered by a sell-off by hedge funds and may trend weakerduring the session, dealers said. The rand was softer at […]
German Finance Minister Takes A Closer Look at Hedge Funds
HedgeCo.Net (New York) – German Finance Minister Peer Steinbrueck will push for more oversight of hedge funds at this week’s G7 meeting in Essen, Germany. In particular,Steinbrueck wants banks to disclose to regulators how much money they lend to the […]
Ex Morgan Stanley Employee Pleads Guilty In Hedge Fund Conspiracy
HedgeCo.Net (New York) – Ira S. Chilowitz, former employee of the brokerage firm Morgan Stanley & Co has pleaded guilty to four counts relating to the theft of information regarding hedge funds, conspiracy, transportation of stolen property, theft of trade […]
Former Head of Hedge Fund Faces 20 Years For Fraud
HedgeCo.Net (New York) – John H. Whittier, the former head of Idaho hedge-fund company Wood River Capital Management LLC has been indicted on criminal charges that heengaged in a securities fraud scheme that allegedly cost investors $88 million. The SEC […]
Taking aim at hedge funds
Boston Globe – Everybody’s getting into hedge funds, including Bill Galvin. The Massachusetts secretary of state, who also happens to be the state’s top securities regulator, clearly had the hedge-fund industry in his sights at the start of this year. […]
Mom-and-pop investors say hands-off our hedge funds
Financial Times – It’s just not the kind of the thing you hear every day. Individual investors are protesting against the SEC’s proposal to raise the investment threshold for anyone who wants to invest in hedge funds in the United […]
Bad Loans Hit Housing Lenders
BusinessWeek – On a good day for homebuilder issues, shares of mortgage lenders fell on new worries about borrowers’ ability to pay. What was good news in the market for homebuilders on Jan. 17 didn’t carry through for mortgage lenders, […]