Monthly Archives: February 2011
U.S. Hedge Funds Sweep Offices for Listening Devices, FT Says
Bloomberg – U.S. hedge-fund managers are reacting to the government’s insider-trading investigation by hiring security firms to comb their offices and homes for listening devices, the Financial Times reported. Christopher Falkenberg, of New York firm Insite Security, said hedge funds have, in […]
Analysis: Hedge funds rediscovering taste for Japan
Reuters – Hedge funds are turning attention to Japan once again and are set to attract more capital on expectations a pick-up in corporate activities there like M&A and share buy-backs would yield strong returns. The resurgent interest in Japan could […]
Introduction Capital Announces 1st Canadian Hedge Fund Forum
Introduction Capital announces the 1st Canadian Alternative Investment Forum, a day-long event taking place on Thursday, April 7th, 2011, that will showcase some of Canada’s best alternative managers as well as a select group of sophisticated family offices. Sponsored thus […]
Fugitive Kim used Bernie M.O.
New York Post – Fugitive hedge-fund manager Brian Kim, who stands accused of cheating investors out of $4 million, appears to have scrambled to cover a telltale sign of his alleged fraud on the heels of Bernie Madoff’s massive Ponzi […]
Brooklyn rabbi sentenced to four years for extorting $4 million from hedge fund
New York Daily News – A Brooklyn rabbi convicted of extorting $4 million from a hedge fund was sentenced Friday to four years in prison. Milton Balkany, 64, who headed a religious day school for girls in Borough Park, faced up […]
Bush Hedge Fund Bid Under Scrutiny
New York (HedgeCo.net) – A hedge fund managed by Marvin Bush, the brother of former President George W. Bush, failed to disclose previous litigation against its founding partner. The Nashville legal department, according to news source The Tennessean, is looking […]
Cayman hedge fund service firm expands into Asia
Cayman News Service – Local hedge fund firm dms Management Ltd has opened an office in the Asia-Pacific region. The firm said the dms Management (Hong Kong) Limited ensures real-time service for DMS’ Asia-Pacific clientele and solidifies the global strength […]
Woman’s touch helps hedge funds retain their value
Guardian – Hedge funds run by women have fallen only half as much during the financial crisis as those managed by men, research shows. The value of female-managed funds dropped by 9.6% in the past year, compared with a plunge […]
European Hedge Funds Get Hammered By Euro, Emerging Markets
WSJ – Some of Europe’s largest hedge funds are limping this year after making bad bets on investments like the euro and emerging markets. A $2.7 billion fund run by Brevan Howard Asset Management LLP in London, called the Emerging […]
Bernanke: Crisis Taught Us To Be Very Aggressive With Banks
Dow Jones – The financial crisis has taught regulators to be more aggressive with big financial firms, Federal Reserve Chairman Ben Bernanke said Thursday. Speaking to a Senate panel together with other senior regulators, Bernanke said: “We’ve all learnt lessons […]
Hedge Fund Owns 24 Texas Shopping Centers
New York (HedgeCo.net) – Hedge fund manager Investcorp’s US-based real estate arm has made over $100 million in acquisitions in the past 30 days. The most recent of three purchases made by Investcorp over the past 30 days was the […]
