Author Archives: Editor
Nigel Farage targets hedge funds as key to Ukip’s financial future
Guardian – Nigel Farage, who has pledged to build a “people’s army” separate from vested interests, has identified hedge funds and their owners as crucial to Ukip’s financial future. A leaked internal report shows the party’s leader argued that “the […]
Hedge Fund People: New York REIT Appoints Michael Happel as CEO
New York (HedgeCo.Net) – New York REIT, Inc., a publicly traded real estate investment trust, announced that its Board of Directors has appointed Michael Happel, the Company’s President, to the role of Chief Executive Officer. Happel, formerly of multi-billion dollar […]
Hedge Fund Benchmarks Lowest Since 2012
New York (HedgeCo.Net) – Preqin’s Q3 2014 hedge fund performance benchmarks reveal that hedge funds are in the red for the quarter, the first negative quarter for the All Regions and Strategies Hedge Funds benchmark since Q2 2012, when concerns surrounding […]
Hedge funds turn cautious, check on India companies before investing
Economic Times – As the stock market sets new records almost every other day, many India-focused hedge funds have turned cautious, rushing to investigators for reassurance on the money that they are investing here. These funds are seeking the services […]
MitonOptimal’s commodity hedge fund returns almost 12% (gross) in first seven months
Opalesque – The MitonOptimal Core Commodities Hedge Fund returned 11.86% (gross) in its first seven months, from May to November, during a difficult period when commodity indices fell by roughly 10%. The Bloomberg Commodity Index is down 15% YTD, and […]
Capello Closes Merchants’ Gate Hedge Fund to Focus on Family
Bloomberg – Merchants’ Gate Capital, started in 2007 by former Ospraie Management senior analyst Jason Capello, is shuttering as hedge funds close at the fastest pace since 2009. The New York-based firm is liquidating the balance of its holdings before […]
MIT Dean and Son Plead Guilty in Hedge Fund Scam
New York (HedgeCo.Net) – Two Boston-area hedge fund managers pleaded guilty to conspiring to mislead investors into investing more than $500 million in their fraudulent hedge fund business. Gabriel Bitran, 69, of Newton, a former professor and associate dean of […]
Bridgewater Files With SEC For Bridgewater Optimal Portfolio
ValueWalk – It is now official. Bridgewater Associates is launching a third hedge fund, as has been rumored and reported for the past several months. According to a Securities and Exchange Commission filing filed December 11, Bridgewater Associates is filing […]
Investcorp Hedge Funds Group Boosts its Manager Research Team
New York (HedgeCo.Net) – Investcorp, a leading provider and manager of alternative investment products with more than $11 billion in assets under management, announced today that Gregory LaFiura has joined the firm’s Hedge Funds business as a Principal in the […]
Ruffer hedge fund pays bumper £18m salary
Yorkshire Post – Jonathan Ruffer, the philanthropist investor who predicted the 2008 financial crisis, paid £18m to a single staff member at his Mayfair hedge fund last year. According to Ruffer LLP’s accounts, one of its 48 individual members received […]
2015: Banks to Put New Reins on Hedge Funds
Barron’s – Adding to market volatility next year will be big increases in funding costs for hedge funds and other major brokerage customers of the world’s biggest banks. These higher costs result from new global bank regulations known as Basel […]
Ackman, Robbins, Loeb score as hedge fund pay lags
CNBC – A few billionaire investors have added to their fortunes with big takes in 2014, but others in the hedge fund industry aren’t likely to see a fat bonus this year, relatively speaking. Bill Ackman, head of the best […]