Category Archives: Hedge Fund Strategies
California Hedge Fund Invests $50 Million In Snapchat
New York (HedgeCo.Net) – California-based hedge fund Coatue Management has invested $50 million in Snapchat, the photo messaging application developed by Stanford University students Evan Spiegel and Robert Murphy. The hedge fund is run by brothers Phillipe and Thomas Laffont, who recently released incorporation documents suggesting Snapchat may […]
Coming Soon: “Reality” Hedge Fund TV
New York (HedgeCo.Net) – A hedge fund group is introducing a six part “reality” TV show called Hedge Fund Lions’ Den (HFLD). The show will feature three “lions” or heads of the current hedge fund industry, Luke Ellis, the president of of […]
Industry Record: Hedge Fund Assets Reach $1.97 Trillion
New York (HedgeCo.Net) – All hedge fund strategies, excluding relative value, were in the positive in November, Eurekahedge reports today. Fixed income fund managers lead the pack with returns of 7.28% during the month. The handful of fixed income funds […]
SAC’s Cohen Told SEC Hedge Fund Friend Advised Wyeth Share Sale
Bloomberg – SAC Capital Advisors LP founder Steven Cohen told U.S. regulators a decision to sell shares at the heart of a $276 million dollar insider-trading case going to trial next month was based on advice from outside his firm. Lawyers […]
Fifth Third Bancorp Charged With Improper Accounting During Financial Crisis
New York (HedgeCo.Net) – The SEC has charged the holding company of Cincinnati-based Fifth Third Bank and its former chief financial officer with improper accounting of commercial real estate loans in the midst of the financial crisis. Fifth Third agreed […]
Hedge Fund Investing: The SEC Roundtable On Proxy Advisors
New York (HedgeCo.Net) – The SEC over the weekend announced the agenda and panelists for its December 5 staff roundtable on the use of proxy advisory firm services by institutional investors and hedge fund investment advisers. The roundtable panelists are: […]
Hedge Funds Name Ogier Cayman ‘Top Offshore Law Firm’ for Third Consecutive Year
New York (HedgeCo.Net) – U.S. fund managers participating in the 2013 Hedge Funds Review Service Provider Rankings have ranked Ogier number one among competitors for a third straight year. “We greatly appreciate this latest recognition from the funds industry in […]
Terrapin Buys Hedge Fund Advisory Arm Of Hennessee
New York (HedgeCo.Net) – Hedge fund adviser Terrapin Asset Management LLC., yesterday announced that it has acquired the hedge fund and private equity fund advisory business of Hennessee Group LLC. Hennessee’s hedge fund advisory business was founded in 1987 by […]
Morningstar Hedge Fund Index Up 7.2% Through October 2013
New York (HedgeCo.Net) – Morningstar has reported preliminary hedge fund performance for October 2013 as well as estimated asset flows through September. “Global stock and bond markets pulled back in the beginning of the 16-day U.S. government shutdown in October,” […]
Political Agenda Added Risk To the Hedge Fund Market In October
New York (HedgeCo.Net) – New research from Eurekahedge shows that hedge funds delivered healthy gains in October as global markets trended upwards during the month. “US related news dominated global markets for most of the month starting with the 16 […]
Activist Hedge Funds Fight For Media Company Management
New York (HedgeCo.Net) – Minnesota-based entertainment company ValueVision Media has rejected proposals by $1.5 billion activist hedge fund Clinton Group to hold a shareholder meeting in order to elect a new CEO and board of directors. The Clinton Group then joined […]
Launch: Track Your Favorite Billionaire Hedge Fund Investor
New York (HedgeCo.Net) – A New York and Buenos Aires-based technical team yesterday launched an index with an app that allows users to follow hedge fund billionaires’ investment practices. “The iBillionaire Index is designed to track and measure the performance of […]