Author Archives: the HedgeCo News Team
MFA Supports the Registration of Hedge Fund Advisors
West Palm Beach (HedgeCo.net) – In testimony before the House Financial Services Subcommittee; “Perspectives on Hedge Fund Registration”, the Managed Funds Association (MFA) announced its support for the new push for mandatory registration of managers with the SEC. "Though hedge […]
Hedge Funds Not as Weak as Media Portrays
Seeking Alpha – For the last few months, the media has portrayed the hedge fund industry as in desperate need to hang on to as much capital as possible. Hedge fund limited partners have purportedly been lining up demanding breaks […]
Proactive Preparations For Hedge Fund Regulation
West Palm Beach (HedgeCo.net) – In a white paper which was presented to high-level asset managers in New York by FinServ Consulting, ‘Preparing for Alternative Asset Management Regulation’, it is said that hedge funds should be prepared to identify, aggregate […]
Hedge fund millionaire trumps offer for Panmure
Reuters UK – Hedge fund millionaire Bertrand des Pallieres’s SPQR Capital has launched a bid to trump BlueGem Water’s proposed stake building in stockbroker Panmure Gordon & Co. SPQR said that, via vehicle P.G. Holdings, it proposed to take part […]
Madoff buddy, Ezra Merkin, sued over plunder from Ponzi scheme
New York Daily News – Ezra Merkin should have known better, a lawsuit claims. The Park Avenue hedge fund king funneled investments to Bernie Madoff and received millions in fees Merkin knew were the spoils of a massive Ponzi scheme, […]
Hedge fund AUM below $1 trillion: New Finance Capital
Reuters – Hedge fund assets under management around the world have probably fallen below $1 trillion, a top executive at hedge fund New Finance Capital LLP (NFC) said on Thursday. "There has been an enormous contraction in this industry. The […]
US Hedge Funds Face Regulatory Tsunami, Report Says
New York Times Blogs – The biggest regulatory changes since the 1930s are bearing down on the U.S. securities and investment industry, and many firms are ill-prepared, according to a new study by research firm TowerGroup. From derivatives and hedge […]
Battered Hedge Fund Managers’ Syndrome
Family Security Matters – Greed is good — until it gets in the way of a union-friendly restructuring deal. President Obama, generous recipient of Wall Street largesse, angrily derided a group of hedge fund managers this week as "speculators." The […]
AIMA Guide to Sound Practices for Funds of Hedge Funds Managers
West Palm Beach (HedgeCo.net) – Global hedge fund association AIMA (The Alternative Investment Management Association), has published the world’s first global Guide to Sound Practices for Funds of Hedge Funds Managers. The guide was developed by some of the world’s […]
MassMutual unit told to return funds from Madoff
Boston Globe – The trustee in the bankruptcy case of swindler Bernard L. Madoff has told a hedge fund business owned by Massachusetts Mutual Life Insurance Co. to return money that it received from Madoff over the past six years. […]
Hedge-Funder Cliff Asness Is Not Afraid of Barack Obama
Nymag.com – As monied housewives have seized upon the confessional essay as a means of expressing their feelings about the Greatest Depression, finance professionals have taken it upon themselves to resurrect a genre of letters that had, in the good […]