Category Archives: HedgeCo News
Law Firm Considering Legal Action Against “Bear Funds”
West Palm Beach (HedgeCo.net)- The Law Firm of Klayman & Toskes, P.A. announced that it is investigating the possibility of taking legal action against Bear Stearns & Co., Inc on behalf of investors who lost money in the Bear Stearns High-Grade […]
Man Global Strategies Launches Founders Incubation Platform
NEW YORK – Man Global Strategies (‘MGS’),1 a core investment manager of Man Investments, announced today the formation of the Founders Incubation Platform (‘Founders Program’), a seeding and incubation platform for U.S.-based hedge fund managers. The Founders Program combines a […]
Hedge Fund Launch By Black Pearl Capital
New York (HedgeCo.Net)- Black Pearl Capital today announced the official launch of Onyx MENA Fund, a Cayman Island regulated hedge fund with a target capital of $250 million focusing primarily on the MENA markets. The Client Advisory Group (CAG) of […]
Global Synthetic Prime Sales and Trading Group For Hedge Funds Launched By BNP Paribas
New York (HedgeCo.Net)- BNP Paribas has announced the launch of its new Global Synthetic Prime sales and trading group within its Equities and Derivatives business. The group is headed by Rich Sansaricq who is based in New York and has […]
AIMA Welcomes HMRC Revised Statement of Practice on IME
London 20th July 2007- The Alternative Investment Management Association (AIMA), the leading global hedge fund and alternative investment industry association, welcomed the release today of the HMRC Revised Statement of Practice on the Investment Manager Exemption (IME). The IME is […]
Finvest Launches $250 Million Hedge Fund
New York (HedgeCo.Net)- Finvest Asset Management has announced the launch of The Finvest Yankee fund, its first multi-strategy hedge fund that will offer exposure to emerging managers through managed accounts. According to Levy Berkowitz, compliance and operations manager at Finvest, […]
StoneHouse Flagship Hedge Fund Launch
New York (HedgeCo.Net)- Stone House Partners LLC announced the successful launch of its flagship hedge fund, the Stone House Partners Fund, and impressive first half returns. Stone House Partners Fund, LP is a diversified, multi-strategy fund that targets above average, […]
Hedge Funds Return An Average Of 5.25% In Second Quarter, Morningstar
New York (HedgeCo.Net)- As of July 13, 2007, hedge funds have returned an average of 5.25% in the second quarter, beating first-quarter performance of 2.1%, Morningstar reported today in a press release. Hedge funds slightly underperformed the S&P 500 Index, which […]
AIMA Launches New Institutional Investor Steering Committee
London, 18 July 2007. The Alternative Investment Management Association (AIMA), the leading global hedge fund and alternative investment industry association has announced the creation of a new hedge fund industry Investor Steering Committee (ISC). The committee is to comprise institutional […]
Yorkville Advisors Appoints Formers SEC Commissioner
JERSEY CITY, NJ – July 18, 2007 – Yorkville Advisors LLC, the investment manager to Cornell Capital Partners – a private investment firm that specializes in structured finance and direct investments – today announced that Richard Y. Roberts has been […]
Hedge Fund Solutions Partners Up For Background Checks
West Palm Beach (HedgeCo.Net)- Hedge Fund Solutions (HFS) and Risk Management Solutions (RMS) announced today they are partnering together in order to feature comprehensive background investigations as part of HFS’s services to their clients. These reports enable fund of fund […]
Cayman Hedge Funds Care Grants Announced for 2007
West Palm Beach (HedgeCo.Net)- Hedge Funds Care announced today that they have selected the 2007 Hedge Funds Care grant recipients. After an intensive selection process, Hedge Funds Care has distributed $145,054 to support local projects designed to treat and prevent child […]