Category Archives: HedgeCo News
Global Hedge Fund Centaur Wins Award for Fifth Consecutive Year
New York, HedgeCo.Net – For the fifth consecutive year, Centaur Fund Services has been recognised in the HFM European Hedge Fund Services Awards. Centaur was named as Best Administrator under $30bn – Overall in recognition of its exceptional client service […]
Private Equity Investment Volume Remains Strong in Q1 2015
New York (HedgeCo.Net) – Private equity investment volume remained strong in Q1 despite a seasonal slowdown in overall private equity activity, according to the Private Equity Growth Capital Council’s (PEGCC) Trends Report for the first quarter of 2015. Investment volume […]
Biotech Rallies: Composite Models Take Advantage
New York (HedgeCo.net) – The biotech sector has been on an incredible run over the last four years and so far in 2015, the rally has continued. In the last four years, the iShares Nasdaq Biotechnology ETF (NYSE: IBB) has gone […]
Married Couple Sentenced To Jail For Stealing $6.5 Million Through A Fictitious Hedge Fund
New York (HedgeCo.Net) – An Oklahoma husband and wife were handed prison sentences yesterday for stealing over $6.5 million from six victims who thought they were investing in a hedge fund. Linda Livolsi was sentenced to 45 months (3.75 years) in […]
Agape Employees Convicted For Massive Ponzi Scheme
New York (HedgeCo.Net) After four weeks of trial, a federal jury in New York, returned guilty verdicts against Diane Kaylor and Jason Keryc, former employees of Agape World, Inc. (Agape), on charges of securities fraud, conspiracy, mail fraud, and wire […]
NY Financial Advisor Charged With Stealing $20 Million From Customers
New York (HedgeCo.Net) – The Securities and Exchange Commission announced fraud charges against a New York City-based financial advisor accused of stealing at least $20 million from customers to fund his own brokerage accounts and then squandering the bulk of […]
Hedge Fund Advisor BlackRock Settles With SEC For $12 Million
New York (HedgeCo.Net) – BlackRock Advisors LLC has agreed to settle SEC charges of failing to disclose a conflict of interest among its ranks and will pay a $12 million penalty. The hedge fund advisor will also hire an independent […]
Global Equity Mutual Funds and ETFs Get $88.3 Billion in 2015
New York (HedgeCo.Net) – TrimTabs Investment Research reported today that strong investor interest in non-U.S. equities is broadening from Europe and Japan into emerging markets. Even ahead of the stimulus announced Sunday, exchange-traded funds focused on Chinese equities posted 22 […]
Eurekahedge: Hedge Funds Return $54.1 Billion In Q1
New York (HedgeCo.Net) – Hedge funds returned $54.1 billion in performance-based gains for the first quarter of 2015; their highest Q1 gains on record since 2006 which brings the total industry AUM to a record high of nearly $2.2 trillion. […]
Seward & Kissel Says Hedge Funds Are Looking More Like Family Offices
New York (HedgeCo.Net) – According to a recent study from Citi Private Bank, an increasing number of hedge funds are converting to family office structures for various regulatory and compliance reasons. Image courtesy of Switzerland Family Office “It is absolutely […]
eVestment: Hedge Funds up 23.7% in 2014
New York (HedgeCo.Net) – Total private equity and real estate funds AUA saw a big jump, up 23.7% year-over-year for a total in 2014 of US $1.580 trillion eVestment reports. Adoption of outside fund administration is almost universal among hedge […]