Author Archives: the HedgeCo News Team

About the HedgeCo News Team

The Hedge Fund News Team stays on top of breaking news in the Hedge Fund industry on an hourly basis. Signup to HedgeCo.Net to recieve Daily or Weekly news updates from our team.

John Paulson Defies Market and Posts Huge Gains

February 2, 2009 : Permalink

New York Times – While his counterparts at other big hedge funds are trying to figure out whether they can stay in business, the fund manager John Paulson continues to rack up enormous profits. DealBook has obtained Mr. Paulson’s confidential […]

Bill in US Senate would regulate hedge funds

February 2, 2009 : Permalink

International Herald Tribune – Two senior senators have introduced legislation to impose U.S. government oversight on hedge funds. The legislation by Senator Carl Levin, a Democrat of Michigan, and Senator Charles Grassley, a Republican of Iowa, was filed Thursday while the […]

Maxam hedge fund sues auditors

February 2, 2009 : Permalink

Reuters – Maxam, an investment adviser based in Darien, Connecticut, relied on the auditors for their expertise in examining Madoff’s firm, according to the lawsuit filed in Connecticut Superior Court in Fairfield County. The lawsuit, though, said the auditors issued […]

Contributing Factors To Hedge Funds’ 2008 Failure

February 2, 2009 : Permalink

West Palm Beach (HedgeCo.net) – Credit Suisse Tremont Index LLC released a new research piece, ‘One for the History Books: Hedge Fund Performance in 2008’, a review of the factors which contributed to hedge funds’ dismal -19% return in 2008 […]

U.S. Senators Propose Hedge Fund Regulation

February 2, 2009 : Permalink

New York (HedgeCo.Net) – Two senators are pushing for greater regulation of hedge funds, introducing legislation that would call on the U.S. government to oversee them. Michigan Senator Carl Levin, a Democrat, and Iowa Senator Charles Grassley, a Republican, passed […]

South Carolina lawmakers hedge on stimulus aid

January 30, 2009 : Permalink

Greenville News – Two key leaders of South Carolina’s Legislature said Friday they would have problems agreeing to accept some of the federal stimulus money passed by the U.S. House if Gov. Mark Sanford decides not to ask for it. […]

Fund managers put up billions to back cash calls

January 30, 2009 : Permalink

Times Online – Some of Britain’s most powerful fund managers are setting aside billions of pounds to fund cash calls from sound companies hamstrung by a lack of bank lending. Investment bankers say that they have been inundated with calls from […]

Hedge Fund Manager to Appear in Court

January 30, 2009 : Permalink

West Palm Beach (HedgeCo.net) – Hedge fund manager Arthur Nadel is scheduled for a bail hearing in federal court in Tampa this afternoon. Nadel faces a federal charge of securities and wire fraud after using “manipulative and deceptive devices” to […]

Hedge Funds Could Be Forced To Register With SEC Under New Bill

January 30, 2009 : Permalink

All Headline News – Hedge funds will require registering under a new proposal to regulate the market segment that lost $600 billion in 2008 due to financial crisis, an all time record. Under the bill by two senators today would […]

DEALTALK-Not all bad news in hedge funds

January 30, 2009 : Permalink

Reuters – A handful of hedge funds has resisted the global crisis ravaging their rivals, reaping bumper returns in 2008 in a sign some niche players will always beat the market no matter how dire the outlook. There is no […]

Hedge fund fees are being squeezed

January 30, 2009 : Permalink

MIGHT two-and-twenty become one-and-ten? Since 1990 the number of hedge funds has grown by 14 times to over 7,000, but abundance has not lowered prices. Funds typically still charge clients a management fee of 2% of assets and 20% of […]

States urge Congress to regulate hedge funds

January 30, 2009 : Permalink

Reuters – State regulators urged Congress on Thursday to restore their authority to protect investors from fraud in the banking sector and to beef up oversight of hedge funds. Hedge fund advisers should be subject to the same kind of […]