Category Archives: HedgeCo News
Hedge Fund Fraudster Manhunt Comes to an End
New York (HedgeCo.Net) – The international man hunt for Sam Israel came to an end yesterday when the hedge fund fraudster turned himself over to authorities. Israel turned himself into the Southwick, Mass., police station around 9:30 a.m., said […]
Schwartz facing reluctancy with JPMorgan job offer
New York (HedgeCo.Net) – Alan Schwartz may be having second thoughts about his new position at JPMorgan Chase, reports the New York Post. According to the paper, the former Bear Stearns CEO is contemplating JPMorgan’s offer for a non-executive vice […]
Delphi creditors join suit against hedge fund
New York (HedgeCo.Net) – Appaloosa Management is getting hit from all angles in their attempt to walk away from the deal they struck with Delphi. The hedge fund is not only being sued by the auto parts maker, but now […]
Cranwood Capital Announces Launch of Fixed Income Arbitrage Fund
HedgeCo.Net – Cranwood Capital Management LLC has announced the launch of their new fund, the Cranwood Fixed Income Arbitrage Fund. The fund seeks to generate high, absolute returns by using Treasury futures to arbitrage temporary discrepancies occurring along the U.S. […]
Jupiter Fund Launch
West Palm Beach (HedgeCo.Net)- Hedge fund manager Jupiter Asset Management announced the launch on June second 2008 of the of the Jupiter Strategic Bond Fund. The new fund is Sterling denominaterd with a 4% initial fee and 1.25% as annual […]
HedgeCo and LJH Financial Marketing Strategies Unveil New Initiative to Provide Comprehensive Marketing Solutions to the Global Hedge Fund Industry
New York, NY – (May 29, 2008) – HedgeCo Networks and LJH Financial Marketing Strategies announced today a partnership to provide comprehensive marketing and investor relations services to the global hedge fund industry and related financial sectors. The new partnership […]
Hedge Fund Crescendo Partners gives a jolt to Cott shares
New York (HedgeCo.Net) – Soft-drink maker Cott Corp. has gotten a vote of confidence from hedge fund Crescendo Partners, along with a boost in share value. Crescendo has raised its stake to 8.7% in the struggling company, and will meet […]
False Asset Statments Lead to Conviction
West Palm Beach (HedgeCo.net)- Kirk Wright’s Atlanta-based hedge fund company, International Management Associates, was found to be fraudlent leading to the conviction of the manager, Wright, as the Department of Justice unsealed a March 10 criminal complaint against him. "The […]
April 2008, Global Hedge Fund Performance
West Palm Beach (HedgeCo.net)- Hedge funds started the second quarter of 2008 on a strong note as global stock markets recovered, according to Singapore-based hedge fund research company Eurekahedge. "The Fed’s aggressive response to the weakness across credit markets and […]
Hedge Funds Hop on the Icahn Bandwagon
New York (HedgeCo.Net) – Another hedge fund is backing Carl Icahn’s proxy battle against Yahoo, days after Paulson & Co. gave their support. Third Point LLC, a hedge fund that manages $5.7 billion in assets, is believed to be on […]
Massachusetts regulator charges hedge fund manager
Reuters – Massachusetts’ top securities regulator on Monday charged a hedge fund manager, who promised to earn as much as 20 percent for his clients, with improperly soliciting investors. William Galvin, the state’s secretary of the commonwealth, said Michael Regan […]