Yearly Archives: 2010
Hedge Funds Attract $61 Billion So Far In 2010
New York (HedgeCo.net) – Hedge funds attracted $61 billion over the first 10 months of 2010, according to the November 2010 Eurekahedge Report, taking the hedge fund industry to $1.63 trillion, above October 2008 level. Hedge funds are up 7.33% YTD […]
Two New Traders Charged In Hedge Fund Case
New York (HedgeCo.net) – The SEC has charged two more hedge fund managers in the SEC v Galleon Management case, according to Courthouse News Services. Lanexa Management’s Thomas Hardin is alleged to have received around $950,000 from insider trading. The SEC also charged Hardin and […]
Peter Thiel, Facebook’s first big backer, thinks the future of global innovation may hinge on more entrepreneurial college drop-outs
Boston.com – I had a chance to spend some time on the phone yesterday with Peter Thiel, the PayPal co-founder, venture capitalist, hedge fund manager — and early Facebook investor. He’s speaking at MIT this coming Tuesday night, at an […]
SEC to Issue Proposal to Register Hedge Funds
WSJ – The Securities and Exchange Commission will meet Friday to consider new rules to force hedge funds and other private funds to register with the agency and to undergo exams. The SEC, which placed a notice of the meeting […]
Soros Bets on Health Care, Dumps Gold
The Street – Soros Fund Management, the fund management arm of billionaire investor George Soros, bulked up on health care and biotechnology in the third quarter, according to the hedge fund manager’s quarterly filing of portfolio holdings, released after the […]
CalPERS implements hedge fund software
Global Pensions – The California Public Employees’ Retirement System (CalPERS ) has bought the rights to portfolio construction software to implement across its hedge fund and equity portfolios. The software, known as OPTICS, was created by Jersey-based hedge fund manager […]
Paulson Trims Bank of America, Sells Entire Goldman Sachs Stake
Bloomberg – Paulson & Co., the hedge fund run by John Paulson, trimmed positions in Bank of America Corp., Wells Fargo & Co. and Citigroup Inc. in the third quarter as regulatory changes and disputes over faulty mortgages threatened to hurt bank profits. Paulson, […]
Hedge funds load up on Apple in 3Q
International Business Times – Prominent hedge funds loaded up on Apple shares in third quarter 2010, according to SEC 13F filings. Apple shares closed down 0.32 percent, or $0.99, at $307.04 today. Last Friday, it closed down 2.8 percent. Third […]
Hedge Fund Billionaire Leon Cooperman Places $30 Million Bet on Sirius XM Radio
SatWaves – The filings continue to flow into the Securities & Exchange Commission, as tomorrow’s institutional reporting deadline draws near. Already there have some surprises such as General Electric (NYSE: GE) taking a stake in Sirius XM Radio. Institutional accumulation […]
London Hedge Fund Manager Donates $32 Million To Sustainable Energy
New York (HedgeCo.net) – Hedge fund manager David Harding has given a £20 million ($32.1 million) grant to a Cambridge University physics lab, according to Cambridge News. “Cambridge has a slogan: ‘The Freedom to Discover’ and I am hoping I can give […]
Report: Prominent Hedge Fund Investigated
ABC – A prominent hedge fund that made huge gains betting against subprime mortgages is reportedly being investigated by federal authorities for extending a $113 million loan to its founder so he could pay off a personal tax bill. The […]