Yearly Archives: 2010
Cypress and Hedge Fund Ramius Renew Battle Over Control
Seeking Alpha – Cypress Bioscience will consider putting itself up for sale or unloading part of its assets in an attempt to nullify or better a pending buyout offer made by a New York hedge fund. Ramius, a Cowen Group […]
SEC Rulemaking Agenda for Hedge Fund Registration
FavSticks – The Dodd-Frank bill requires the SEC and CFTC to propose and promulgate final rules with respect to a number of important areas for investment managers. As we have seen, significant time has already been devoted to trying […]
Fairfield’s Fiscal Officer: The town ‘recovered nicely’ from Madoff scam
CT Post – Things looked bleak back in December 2008. A market that was starting to plummet was made worse by the news that financial whiz Bernard Madoff’s hedge fund was just a pyramid scam. The $42 million the town thought it […]
ECB’s Tumpel-Gugerell Urges EU To Reach Deal On Hedge Funds
Dow Jones – European Central Bank Executive Board member Gertrude Tumpel-Gugerell Monday urged European Union politicians and lawmakers to speed up new hedge fund regulation. “The crisis has demonstrated the kind of effect hedge funds can have on financial markets […]
Bell gets 5 years for Involvement in Petters Hedge Fund Ponzi Scheme
New York (HedgeCo.net) – Former hedge fund manager Greg Bell was sentenced yesterday to to six years in federal prison, five after time seved. Through his Chicago hedge fund, Lancelot Investment Management, Bell is accused of helping prop up the […]
Hedge funds catch new wave in commodities
Reuters – Tucked away in a basement in London’s exclusive Mayfair district is a hedge fund manager investing entirely in raw materials, one of a small band trading commodity spreads — and making big money in the process. VOC Capital […]
Processing of Syndicated Bank Loans For Hedge Funds
New York (HedgeCo.net) – Hedge fund administration giant Northern Trust has made available the processing of syndicated bank loans in its automated solutions for clients with Markit WSO Services. Syndicated bank loans are a non-standard alternative asset class that is […]
Texas Hedge Fund Association Announces Election of a New Chairman and Three New Board Members
The Texas Hedge Fund Association (THFA), a member-supported trade association organized to support the Texas hedge fund industry, today announced the election of a new Chairman and three new members of its Board of Directors. The Board unanimously elected Heather E. Gilker of Dallas-based strategic […]
Hedge funds hold Ireland to ransom over Anglo Irish Bank bail-out
Telegraph – The investors are attempting to force the Irish authorities to pay them more for the debt they hold in Anglo Irish Bank and say if their demands are not met they could trigger a default crisis. The London […]
EU looking to overcome French veto on new hedge-fund regulation
M&C – Overcoming French opposition to new hedge-fund regulation was set to dominate the end of a two-day informal meeting of European Union finance ministers in Brussels on Friday. Hedge funds have been blamed for exacerbating the 2008 financial crash […]
Bridgewater Associates: largest U.S. hedge fund secures largest allocations
Opalesque Industry Update – On Thursday, Absolute Return (AR) released the results of its study of hedge fund assets (as of July 1, 2010). The largest hedge fund, Bridgewater Associates manages $80bn in assets, and secured the largest inflows in […]
