Yearly Archives: 2010
HedgeBay: Secondary Hedge Fund Market Drops 3% in August
New York (HedgeCo.net) – Hedgebay’s monthly secondary market index continued its general trend of recent months, with near-par trading, deals at around 100% of NAV, once again in short supply. This trend is being driven by the scarcity of locked […]
EisnerAmper: On the Changing Tax and Auditing Environment
Press Release – Regulatory initiatives enacted in response to the economic downturn, along with changes in the capital markets, pose a number of accounting, audit and tax issues for public companies. EisnerAmper LLP recently expanded its public company practice through […]
Loan by Glodis followed one he received
Boston.com – In September 2004, when he was a candidate for Worcester County sheriff, Guy W. Glodis lent his campaign $22,000 just days after receiving a $20,000 personal loan from a controversial hedge fund manager, his political finance records show. […]
HFMWeek Daily Snapshot – 24 August
HFMWeek – The boyfriend of a former Walt Disney administrative assistant admitted to engaging in a scheme to sell early access to the company’s earnings report in US district court in Manhattan yesterday, reports the Wall Street Journal. Yonni Sebbag […]
Federal Reserve, Lehman, Disney, Apple, JPMorgan, Wesleyan in Court News
Bloomberg – An appeals court refused to reconsider a decision compelling the Federal Reserve Board to release documents identifying banks that might have failed without the U.S. government bailout. The full U.S. Court of Appeals in New York, denied a […]
Indian father, son face lawsuit in US over hedge funds
The Economic Times – An Indian father and son who ran two small hedge funds catering to Silicon Valley Indian professionals are facing a lawsuit by angry investors alleging the two hid big losses in 2008. The lawsuit alleges Vishwas […]
Coffee to Rally as Funds Add to Bullish Bets, India Group Says
Bloomberg – Coffee may extend gains from near a 13-year high as hedge funds and other speculators add to wagers that prices will climb amid a production shortfall, an Indian exporters’ group said. Prices of arabica and robusta beans may […]
Investors question ‘public’ private equity
Reuters – Private equity and hedge funds going public have not had a smooth ride, and as more weigh navigating the choppy waters, investors in such funds are questioning the benefits. Others waiting in the wings to follow the path […]
Oil Market Summary: Prices Spiral Downwards
New York (HedgeCo.net) – Crude oil prices continued their downward spiral during the week as new data confirmed that U.S. economic growth is slowing, according to Oilprice.com’s Darrell Delamaide. The benchmark West Texas Intermediate contract settled 2.6% lower for the […]
Are States Up To New Job Of Policing Hedge Funds?
Forbes – One aspect of the Dodd-Frank financial services reform law that is only now beginning to attract notice in the mainstream press is the fact that each individual state will soon be responsible for licensing, monitoring and overseeing all […]
Retired tech exec’s hedge fund hit with lawsuit
Mercury News – A father and son who ran a pair of small hedge funds catering to Silicon Valley Indian professionals are defending themselves against a lawsuit filed by angry investors who say the two hid big losses in 2008. […]
The Hedge Fund Ties that Bind Bewkes and Zakaria
The Wrap – Time Warner CEO Jeff Bewkes and his new symbol of corporate synergy, star journalist Fareed Zakaria, are more than friendly fellow travelers of elite circles that stretch from the Yale trustee board to the Council on Foreign Relations. According […]