Category Archives: HedgeCo News
Join HedgeCoVest at Liquid Alternatives Strategies West
New York (HedgeCo.Net) – HedgeCoVest is proud partners of Liquid Alternatives West, the first-to-market event in this space. The Liquid Alternative Strategies series has proven to attract the industry’s key players from hedge funds issuing a ’40 Act product to […]
More than 300 Hedge Fund and Private Equity Leaders United to Raise Over $275K at Poker Tournament
New York (HedgeCo.Net) – The hedge fund industry joined up with non-profit charity StreetWise Partners in NYC, raising $275,000 for programs that change the lives of hard-working disadvantaged individuals. Special guest appearances included NY Knicks Legend John Starks, NY Rangers great Alex […]
UCITS Hedge Fund Strategy Index Up 1.01% in February 2015
New York (HedgeCo.Net) – After a good start into 2015 the UCITS Hedge Fund Strategy Index continues its positive run with gains of 1.01% in February 2015. The broad index started slowly into the month, posting returns of 0.13% after […]
Credit Suisse Hedge Fund Index finished up 1.06% in February
New York (HedgeCo.Net) – The Credit Suisse Hedge Fund Index (the “Broad Index”) finished up 1.06% for the month of February. Performance for the Broad Index and its 10 sub-strategies is calculated monthly. January, February and YTD 2015 performance numbers […]
Eurekahedge: Investors Have Allocated $30 Billion To Hedge Funds In 2015
New York (HedgeCo.Net) – Hedge funds extended their gains in the second month of 2015, returning 1.57%, although falling behind underlying markets such as the MSCI World Index which was up 5.47%. Global equity markets rose in unison during February […]
Hedge Fund Investor Blackstone Buys Chicago’s Sears Tower
New York (HedgeCo.Net) – The Willis Tower, built as and still commonly referred to as Sears Tower has been bought by hedge fund giant Blackstone for $1.3 billion, according to early reports. Further terms of the transaction were not disclosed. Blackstone Real Estate […]
Surge In Swiss Franc Wreaks Havoc On Everest Capital
New York (HedgeCo.Net) – When the Swiss Franc’s fixed exchange rate with the Euro was removed in January, the toll on some hedge funds was quick and it struck deep. Miami based Everest Capital closed the doors on its $830 […]
Hedge Fund Manager Sentenced To Two Years Behind Bars
New York (HedgeCo.Net) – Hedge fund manager and adviser Berton Hochfeld was sentenced to two years in prison for defrauding investors out of more than $1 million. Hochfeld pled guilty in January to securities fraud and wires fraud in connection […]
Study: Hedge Funds Are Changing Fee Structures and Strategies
New York (HedgeCo.Net) – A majority of hedge fund managers expect a significant shift in their primary sources of capital to pension funds over the next five years, according to new research from KPMG International, the Managed Funds Association (MFA), and […]
Rep. Mike McKell: Utah Is “A Hot Bed For Financial Fraud”
New York (HedgeCo.Net) – A White Collar Crime Registry has been included in the Utah Code of Criminal Procedure allowing the public to check up on traders, hedge fund managers, investment advisors and the like, the NYT reports. “Utah is […]
Casey Quirk Expands Hedge Fund Advisory Presence In New York City
New York (HedgeCo.Net) – Hedge fund consultant specialist Casey Quirk has opened new, larger offices in New York following a 67 percent growth in overall headcount over the past three years. The new offices will occupy the entire 22nd floor […]
Activist Hedge Fund Tackles Yahoo
New York (HedgeCo.Net) – New York-based activist hedge fund Starboard Value LP has sent a letter to Yahoo CEO Marissa Mayer and Yahoo’s Board of Directors. The hedge fund has an estimated $1 billion in assets and was founded by Jeffrey Smith […]