Yearly Archives: 2007
NorthPoint Trading Partners Offers Access to Brighton House
ATLANTA, GA (PRWEB) November 9, 2007 NorthPoint Trading Partners Offers Access to Brighton House Associates Investor Network for its Start-up Hedge Fund Clients NorthPoint Trading Partners LLC, a premier prime brokerage and fund services company today announced a strategic relationship […]
100 Women in Hedge Funds Names iMentor Beneficiary
New York, NY – November 7, 2007 – 100 Women in Hedge Funds’ Board of Directors has named iMentor the beneficiary of its 6th Annual Gala to be held on November 14, 2007, at Cipriani 42nd Street in New […]
Hedge Funds in the Middle East Conference Underway
West Palm Beach (HedgeCo.Net)- The third Annual Conference for Hedge Funds in the Middle East, organized by Hedge Funds Review magazine, got underway on November 5 under the sponsorship of Investcorp, the alternative investment specialist. The opening session was attended […]
Democrats Split Over Bill Affecting Backers
Washington Post – In early June, as the Senate Finance Committee began examining how a new breed of Wall Street titan could be paying a special low tax rate on executives’ salaries, one of therichest of them, hedge fund manager […]
$61 Million Shariah Fund Launch By KAMKO
West Palm Beach (HedgeCo.Net)- KIPCO Asset Management Company (“KAMCO”) today announced the launch of the Al Raya Investment Company KSC, with the private placement of 170 million shares. The fund will primarily target international investors in developed markets interested in […]
Dubai borrows $1.26bn to pay for hedge fund
ArabianBusiness.com- Dubai Holding, owned by the emirate’s ruler, on Tuesday said it had taken a $1.26 billion loan from investment bank Morgan Stanley to pay for the acquisition of a stake in a US hedge fund. Och-Ziff Capital Management in […]
Investors put $18.6 bln into hedge funds in Sept-data
Reuters- Investors added $18.6 billion in new money to hedge funds in September, marking the third-lowest inflow this year, according to data released on Tuesday. Funds that specialize in emerging markets took in 61 percent of the total as investors […]
IRS Announces Investigation into Suspected Tax Abuses by Hedge Fund
The IRS announced on November 1, 2007 that it opened an inquiry into “suspected tax abuses” by hedge fund and private equity mangers relating to failure to report income or to improperly classify ordinary income as capital gains. Among the […]
Hedge funds next target of plaintiff’s bar
Investment News- The collapse of some hedge funds may be turning into the next cause celebre for plaintiff’s attorneys who file arbitration claims on behalf of investors looking to recoup losses. And while lawyers are clearly taking aim at giant […]
Merrill Lynch Creates Alternative Investment Origination Post
CNNMoney.com- Merrill Lynch & Co. (MER) hired Brad Schwartz as head of alternative investments origination and sales for Pacific Rim, the company said in an internal memo Tuesday. In the newly created role, Schwartz will be responsible for providing Merrill’s […]
BNP Paribas Adds Three Members to Their Hedge Fund Relationship Management Team
West Palm Beach (HedgeCo.Net)- BNP Paribas announced today the expansion of its Hedge Fund Relationship team with the appointments of Conrad Johnson as a director in New York and Stephanie Wong as an associate director in Hong Kong. Conrad joins […]
Group suggests hedge fund improvements
Reading Eagle – A leading hedge fund trade group unveiled new recommendations Monday aimed at improving practices in the lightly regulated, $2 trillion hedge fund industry. The report issued by the Managed Funds Association updates and expands on recommendations issued […]