Category Archives: HedgeCo News
Blackstone Hires 20 Military Service Members Transitioning Into Private Sector
New York (HedgeCo.Net) – Blackstone-backed Vivint Solar has offered jobs to the 20 graduates of the United States Department of Energy’s, ‘Reach for the Sun’ pilot program. Blackstone Group LP, the world’s largest hedge fund manager, acquired the company in […]
HedgeCoVest Takes Top Honors At Benzinga Fintech Awards Ceremony
New York (HedgeCo.net) Over 115 top Fintech firms from across the nation entered the 2015 Benzinga Fintech Awards competition in March to recognize the most impressive new technology catering to financial services and capital markets. At Wednesday night’s awards ceremony […]
Credit Suisse Liquid Alternative Beta Index Up 0.29% in March
New York (HedgeCo.Net) – The Credit Suisse Liquid Alternative Beta Index (“CSLAB”), which aims to reflect the performance of the overall hedge fund industry, finished up 0.29% in March. The Managed Futures strategy was the strongest performer, finishing up 4.28% […]
Highlights from Citi’s March Hedge Fund Snapshot
New York (HedgeCo.Net) Citi recently released its Hedge Fund Snapshot for March and February was a good month for hedge funds both in terms of performance as well as growth. In terms of performance, the two equal-weighted across funds indices […]
Hedge Funds Continue to Experience Strong Inflows
New York (HedgeCo.Net) After seeing outflows of $11.2 billion in January, hedge funds saw inflows of $7.2 billion in February according to information released by TrimTabs and BarclayHedge earlier this week. The inflows in February are the strongest for the […]
Stay Lifted For Hedge Fund Manager Michael Steinberg
New York (HedgeCo.Net) – A portfolio manager at Steven A. Cohen’s hedge fund, SAC Capital Advisors, was granted a chance to appeal his conviction for conspiracy and securities fraud charges in an insider trading scheme, USA Today reports. The Judge allowed […]
Hedge Fund Fueled American Apparel Accused Of Firing 200 Workers After Bonus Blitz
New York (HedgeCo.Net) – American Apparel, under the corporate control of New York-based hedge fund Standard General, terminated close to 200 workers beginning on April 1, 2015. According to human rights organization Hermandad Mexicana, the firings came only one day […]
SEC Wants Broker-Dealers To Join The National Securities Association
New York (HedgeCo.Net) – Hedge fund law specialist Sadis & Goldberg reports that the United States Securities and Exchange Commission has announced a proposal to amend Rule 15b9-1 under the Exchange Act to require broker-dealers who trade in off-exchange venues […]
Hedge Funds Have Higher Net Flows Than Other Fund Managers
New York (HedgeCo.Net) 62 fund managers, including 12 hedge fund leaders with approximately $14.3 trillion in assets under management took part in a study by Casey, Quirk & Associates LLC, a consultant to the global asset management industry. Alternatives managers, […]
San Francisco 49ers and Hedge Funds Care Announce Charity Event to Help Children in the Bay Area
New York (HedgeCo.Net) – The 14th Annual San Francisco “Open Your Heart to the Children” Benefit organized by Hedge Funds Care and the San Francisco 49ers Foundation will be held Thursday, April 9th at 4:30 p.m. PDT at the Metreon’s […]
KKR-Backed Energy Hedge Fund Said to Triple Loss Amid Audit
Bloomberg – BlackGold Capital Management, the energy-focused hedge fund partly owned by KKR & Co., told investors that losses amid the oil slump in December were almost triple its initial report after an auditor examined how it valued debt holdings, […]