Category Archives: HedgeCo News
Thames River to Maintain Hedge Fund Privacy
WEST PALM BEACH, FL (HEDGECO.NET) – Thames River, which oversees about $8.5 billion (4.6 billion pounds) of assets in hedge fund and traditional portfolios, said on Thursday it will not float in the stock market and that it was in […]
SEC to Focus Audits on High Risk Hedge Funds
WEST PALM BEACH, FL (HEDGECO.NET) – The U.S. Securities and Exchange Commission is now targeting funds that have weak internal controls for regulatory action, said a senior SEC official to Reuters on Wednesday. Elizabeth Jacobs, deputy director of the SEC’s […]
May 16: US Senate Panel to Hold Hedge Fund Hearing
WEST PALM BEACH, FL (HEDGECO.NET) – The chairman of a Senate Banking subcommittee Sen. Chuck Hagel, a Nebraska Republican, said on Wednesday he plans to hold a hearing May 16th on the role that lightly regulated hedge funds play in […]
Pirate Capital Hedge Fund Boosts Stake in Intrawest
WEST PALM BEACH, FL (HEDGECO.NET) – Pirate Capital LLC, a U.S. hedge fund, has increased its stake in Canada’s Intrawest Corp. by acquiring another 325,650 Intrawest shares. The fund now owns 7.1 million shares of the Canadian ski resort owner’s […]
Dalton Investments to Liquidate Two Distressed Debt Hedge Funds
WEST PALM BEACH, FL (HEDGECO.NET) – Investment management firm, Dalton Investments, which manages about $1.3 billion, will send back roughly $300 million to people who invested in its 7-year old Dalton Global Opportunity Fund and its 2-year old Dalton Distressed […]
Jerome Berset Joins CMS S.A as Senior Hedge Fund Analyst
WEST PALM BEACH, FL (HEDGECO.NET) – Capital Management Advisors Group, which currently manages $1.6 Billion in institutional and private client assets, has hired Jerome Berset as Senior Hedge Fund Analyst and Director of CTA and Macro research. In 2006, CMA […]
BIBA Product Development Committee Launches New Product
WEST PALM BEACH, FL (HEDGECO.NET) – The Bermuda International Business Association (BIBA) today announced that it had brought to market a new product whereby funds can be BMA approved and listed onthe Bermuda Stock Exchange in as short a time […]
Green Drake Capital Launches Investment Banking Division – Aspenwood Capital
WEST PALM BEACH, FL (HEDGECO.NET) – Green Drake Capital Corp., an NASD registered broker-dealer located in New York City, today announced the formation of Aspenwood Capital, an investment banking division based in Golden, Colo. that will raise capital for small-cap […]
SEC Charges Deephaven Capital Management, LLC and Former Portfolio Manager with Insider Trading
WEST PALM BEACH, FL (HEDGECO.NET) – On May 2, the Commission filed a complaint in the U.S. District Court for the District of Columbia against hedge fund adviser Deephaven Capital Management, LLC and its former portfolio manager Bruce Lieberman, charging […]
Last Atlantis Capital Management appoints new Marketing Executive
WEST PALM BEACH, FL (HEDGECO.NET) – Last Atlantis Capital Management, LLC (St. Thomas, USVI) announced the expansion of their marketing staff with the appointment of sales executive James Duggan. In addition to developing new distribution strategies and industry relationships, Mr. […]
R.J. O’Brien Customer Assets Climb to $1.9 Billion
WEST PALM BEACH, FL (HEDGECO.NET) – R.J. O’Brien and Associates, Inc. (RJO), the nation’s largest independent futures brokerage, announced today that its customer assets soared 50% during the first quarter of 2006 when compared to the first quarter 2005, bringing […]
BNY Brokerage Firm Adds Hedge Fund Unit
WEST PALM BEACH, FL (HEDGECO.NET) – BNY Brokerage, a Bank of New York subsidiary, has formed a new unit to provide the hedge fund community with independent research tools, electronic trading and commission management services. The Bank of New York […]