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.

Hedge fund tosses Tibco for memory virtualization startup

SearchDataCenter.com – A large, worldwide hedge fund company needed to reduce its server memory latency to keep investors from experiencing costly trading delays. It found the answer from the small Oregon-based software startup RNA Networks and is using their technology […]

Sumitomo Trust Finance to Start New Japan-Focused Hedge Fund

Bloomberg – Sumitomo Trust Finance (H.K.) Ltd., the asset-management unit of Japan’s fifth-biggest bank, will start a new multi-strategy hedge fund that invests in Japanese stocks, index options, futures and credit-default swaps. The Tactical Equity Concepts-Japan Fund, also called TEC- […]

Harbinger Capital Takes Position in Zapata

Seeking Alpha – In a 13D filing with the SEC, Harbinger Capital Partners has revealed a new position in Zapata Corporation due to activity on June 17th, 2009. This is a brand new position for the hedge fund and it […]

Renaissance Hedge Fund Launch

West Palm Beach (HedgeCo.net) – Quantum Global Financial Corp. has launched the  multi strategy New Renaissance Fund with over 37% return for its first 11 months ended May 29, 2009. The fund uses a systematic approach that employs a new […]

Cayman proposes greater hedge fund disclosure

Reuters UK – The Cayman Islands, home to most of the world’s hedge funds, is planning to reveal more information about them, the country’s regulator told Reuters, as pressure on the secretive industry rises. The Cayman Islands Monetary Authority (CIMA) […]

Execution LLC Opens New York Office

West Palm Beach (HedgeCo.net) – Execution LLC, an agency-only global broker dealer, today announced that it has opened a New York office as part of its long-term US growth plan. Execution’s new office is located at 450 Park Avenue and […]

Principles For Hedge Fund Regulation Welcomed By AIMA

West Palm Beach (HedgeCo.net) – Global hedge fund industry group, The Alternative Investment Management Association (AIMA), has welcomed the principles for hedge fund regulation published by the International Organization of Securities Commissions (IOSCO) today. “We are very happy to welcome […]

Hedge fund tosses Tibco for memory virtualization startup

SearchDataCenter.com – A large, worldwide hedge fund company needed to reduce its server memory latency to keep investors from experiencing costly trading delays. It found the answer from the small Oregon-based software startup RNA Networks and, in the process, is […]

Billionaire Buffett auctions off another lunch

Sioux City Journal – Last year’s winning bid for lunch with legendary investor Warren Buffett topped $2.1 million, but given the economic turmoil, who knows if this year’s bidding will approach that level. Yet Buffett has built a devoted following […]

Hedge fund manager Hendry warns of market correction

Reuters – The current rebound in stock markets is a bear rally and could turn by September, according to hedge fund manager Hugh Hendry, who has recently cut exposure to agricultural stocks. Hendry, who is partner and chief investment officer […]

‘Superwoman’ fund spirals down in its worst-ever month

Evening Standard – Control of the fund was wrested from Horlick supporters by its largest shareholder Vincent Tchenguiz after a tight shareholder vote last week. Tchenguiz installed a new board with the brief to wind up the fund to create […]

Growing Your Own Hedge Fund

istockAnalyst.com – I’ve always been a fan of what are now called "alternative investments" and never really cared as much for "generic index style equities", although I have owned them of course. Property, commodities, gold and higher yield instruments were […]