Author Archives: Editor
San Francisco Pension Reconsiders Hedge-Fund Allocation
WSJ – The chairman of San Francisco’s pension fund is proposing a smaller mix of hedge funds than previously discussed, the latest retirement system to rethink its approach to those investments in the wake of a retreat by the largest […]
Eurekahedge: Tracking The Top 50 Hedge Funds
New York (HedgeCo.Net) – Eurekahedge has partnered up with Markov Processes International, Inc. (MPI), to launch a new index, the Eurekahedge 50, which consists of the world’s most successful hedge funds that have generated consistently attractive risk-adjusted returns over a number […]
Hedge fund shut-downs pick up in 2014
CNBC – The pace of hedge fund failures is picking up after another year of relatively weak returns. Some 461 funds shut in the first half of the year, according to industry research firm HFR. If that pace continues, nearly […]
Hedge fund giant claims Suisse’s appraisals full of holes
NYP – Highland Capital claims Credit Suisse knew a luxury Las Vegas real-estate development was a total mirage — and has the e-mails to prove it. The hedge fund giant, which is suing the Swiss bank in Dallas federal court […]
Fortress Said to Start Long-Short Equity Hedge Fund Unit
Bloomberg – Fortress Investment Group LLC (FIG), the first publicly traded hedge fund and private equity manager in the U.S., is forming a global equity group that can bet on rising and falling stocks, two people with knowledge of the […]
Houston energy hedge fund AAA Capital to close at year’s end
Reuters – Energy hedge fund AAA Capital Management Advisors will shut its doors and return investor money at the end of the year as traders continue suffering lackluster returns amid a structural change in energy markets. A. Anthony Annunziato, the […]
Hedge Fund Founder Raises Money For Charities Across The Board
New York (HedgeCo.Net) – Bruce Lipnick, Founder, Chief Executive Officer and Chairman of the Board of Directors of Asset Alliance Corporation, has been very generous when it comes to causes he believes in. In 2013 Lipnick was invited to attend […]
Decura Says UBS Owes $167 Million Over Hedge Fund Venture
Bloomberg – Ex-Goldman Sachs Group Inc. (GS) partner Vishal Gupta’s investment firm said UBS Group AG should pay as much as $167 million over a disputed hedge fund venture. Decura IM Investments LLP said it wasn’t told about a plan […]
Deutsche Bank expected to sell stake in London hedge fund
FN – Deutsche Bank is in advanced talks to sell its minority stake in London-based hedge fund firm Arrowgrass Capital Partners to Foundation Capital Partners, according to people familiar with the matter. Foundation, a private equity firm, is expected to […]
Einhorn and Ackman Gain as Stock Funds Climb in November
Bloomberg – November was a good month for the equity titans of the hedge-fund industry. Daniel Loeb’s $17.5 billion Third Point LLC climbed 2.9 percent in its main fund, bringing returns for the year to 9.1 percent; Bill Ackman’s $18 […]
HSBC says bye-bye to Bitcoin hedge fund Global Advisors
City AM – HSBC will no longer work with the first regulated Bitcoin investment fund amid concerns about “money laundering risk”. Hedge fund Global Advisors (GA), which is based on the island of Jersey, told the BBC that the British […]
Hedge Fund Tech Company SS&C Aquires DST Global Solutions
New York (HedgeCo.Net) – Hedge fund software giant, SS&C Technologies Holdings, has acquired DST Global Solutions Ltd., a subsidiary of DST Systems, Inc., for $95 million in cash. DST Global’s products now owned by SS&C include industry-leading investment and fund […]