Author Archives: Editor
Activist Investors Build Up Their War Chests
WSJ – A number of the largest activists are raising billions of dollars, in an effort to take advantage of their increasing clout in boardrooms and above-average hedge-fund returns. Daniel Loeb’s Third Point LLC recently raised a $2.5 billion war […]
San Francisco board delays hedge fund vote again
P&I – Board members at San Francisco City & County Employees’ Retirement System delayed a vote Wednesday on a plan to implement a hedge fund program for the second time in three months as they debated whether the investment is […]
HedgeCoVest Signs 33 Leading Hedge Fund Managers For Their New Liquid Alternatives Investment Platform
New York (HedgeCo.Net) – HedgeCo Networks LLC, a preeminent service provider to the hedge fund industry and operator of one of the most trafficked databases HedgeCo.Net is pleased to announce that its new liquid alternative investment platform, HedgeCoVest has signed 33 […]
Most Hedge-Fund Managers Are Overpaid, Unigestion Says
Bloomberg – Nine out of 10 hedge-fund managers are overpaid as management fees don’t reflect declining interest rates and fund returns, according to Unigestion Holding SA, which invests $2 billion in hedge funds. The fees, which still make up as […]
Alternative Capital Captures 20% Of Catastrophe Reinsurance Market
New York (HedgeCo.Net) – A new Report by Aon Benfield Securities, “Capital Revolution—Alternative Markets Fuel Dynamic Environment” (PDF), reveals that annual catastrophe bond issuance reached a record USD9.4bn – an increase of 41 percent over the prior year period. The high […]
U.S. judge holds off on Citi subpoena in Argentine bond case
Reuters – A U.S. judge said on Wednesday [Sept. 10] he would wait for a decision on a pending appeal before ordering Citigroup Inc. to comply with a subpoena seeking details of any threats from Argentina to process payments the […]
Aegon’s Pelargos Seeks to Triple Japan Alpha Hedge Fund’s Assets
Bloomberg – Pelargos Capital BV, a Dutch hedge-fund manager spunoff from insurer Aegon NV, is seeking to more than triple over the next three to five years the assets of its Japan Alpha Fund that has outperformed peers. Pelargos is […]
Washington Trading Probe Broadens to Hedge Funds
WSJ – Federal investigators have uncovered a flurry of communications between a Washington research firm and several hedge funds, opening a new front in an insider-trading probe focused on the firm’s 2013 investor alert about a change in government health-care […]
Hedge Funds Reap Gains on FHA Loans Sidelining Nonprofits
Bloomberg – The U.S. Federal Housing Administration started selling distressed loans in 2012 to help communities hit hard by foreclosures while also reducing losses to its taxpayer-backed insurance fund. Two years later, the first reports on the loan sales show […]
Hedge Fund, Brokers Lose Claims Against Lehman: Bankruptcy
Bloomberg – Co-underwriters with Lehman Brothers Inc. don’t have so-called contribution claims against the liquidated investment bank related to offerings in which it was the lead underwriter in the sale of its own securities. Also as the result of a […]
CFTC Updates Exemption for Hedge Funds To Match The JOBs Act
New York (HedgeCo.Net) – The CFTC has issued a letter providing exemptive relief (for some hedge funds) from the general solicitation restrictions in order to harmonize the CFTC rules with the SEC rules changes arising from the Jumpstart Our Business […]
Hedge fund boss gives 5 million to build new museum maths gallery
Evening Standard – A hedge fund manager who built his business on mathematical reasoning has given the Science Museum an unprecedented 5 million pounds towards building a new maths gallery. It is the largest individual donation the South Kensington institution […]