Author Archives: Editor
Dispute Breaks Out Over Title of ‘First Regulated Bitcoin Hedge Fund
Coindesk – In July, a hedge fund in Jersey issued a press release announcing that it had become the first regulated fund to deal in bitcoin. The Jersey fund, called Global Advisors Bitcoin Investment Fund (GABI), later said it was […]
Top 3 Entrepreneurship Lessons From Hedge Fund Billionaire Ray Dalio
Forbes – I spend nine years at Bridgewater Associates in an executive role working closely with Ray Dalio. As a result whenever I meet fellow entrepreneurs at conferences, business meetings, or social events, they are curious to know about Bridgewater Associates […]
Man vs. machine for hedge funds
Daily Star – Critics, as Oscar Wilde once remarked, know the price of everything and the value of nothing. This year, investors who pride themselves on being able to spot hidden value in unloved companies have struggled, while those that […]
MBTA waits a year to tell of issues at hedge fund
Boston Globe – The MBTA Retirement Fund waited more than a year to disclose problems at a hedge fund firm where it had invested $10 million. The firm is now shutting down, its chief executive banned from the securities industry. […]
Meredith Whitney’s Hedge Fund Said to Be in Turmoil
Bloomberg – The hedge fund Meredith Whitney started last year after she became one of Wall Street’s best-known analysts is in turmoil. Her biggest investor demanded his money back and two executives left in the past month, according to a […]
December Hedge Fund Forward Redemptions Showing a 12 Month-high
New York (HedgeCo.Net) – SS&C GlobeOp announced that its Forward Redemption Indicator for December 2014 shows notifications of 5.87%. This figure is up from 5.05% in the previous month. SS&C GlobeOp’s data on the GlobeOp platform represents approximately 10% of […]
Fed Gives Banks More Time to Sell Private-Equity, Hedge Fund Stakes
WSJ – The Federal Reserve on Thursday said it would give banks two more years to sell private equity and hedge fund stakes covered by the Volcker rule, a win for banks who had requested more time to unwind positions. […]
Governor Cuomo Vetoes New Bill Expanding Pension Allotment To Hedge Funds
New York (HedgeCo.Net) – Andrew Cuomo, the Governor who banned fracking in NY state, de-criminalized the use of medical marijuana and signed same-sex marriage legislation into law, yesterday vetoed a bill that aimed to raise the amount of assets New […]
Male bankers beat females in hedge fund job hunt
CNBC – Wall Street may not be the old boys club it once was, but breaking into the rarefied world of hedge funds is still easier for men than women. That’s the conclusion of a study of the class of […]
Hedge fund Brevan Howard launches Argentina fund
Reuters – Brevan Howard, one of Europe’s biggest hedge fund managers, has launched a fund to invest in Argentinean assets, a filing with the Securities and Exchange Commission showed. The hedge fund firm, which managed more than $34 billion at […]
Ex-Wife of British Hedge Fund Manager Chris Hohn Won’t Appeal $531 Million Divorce
NYT – A $531 million divorce judgment in a case that has riveted Britain appears poised to stand after the ex-wife of a hedge fund manager said she would not appeal the decision. In late November, a London high court […]
Building Hedge Fund Websites After The JOBS Act, Twitter, LinkedIn
New York (HedgeCo.Net) – Monthly hedge fund mentions on Twitter recently reached a high of 80,000 Tweets, and have not fallen below 40,000 in the last two years, Thomas Walek, President of Peppercomm said of the $3 trillion hedge fund industry […]