Category Archives: HedgeCo News
New York Attorney General Steps Up Probe of Mutual Fund Improprieties
Nov. 7–New York Attorney General Eliot Spitzer intensified his investigation into the problems plaguing the mutual fund industry even as talks continue with several funds into possible settlements. Spitzer’s office has more than 100 subpoenas for information pending and more […]
St. Louis Post-Dispatch David Nicklaus Column
Nov. 7–When your own money is being misused, you feel like you should do something about it. That’s why, after building up a strong sense of outrage about financial misdeeds at Enron and WorldCom, investors are even more concerned about […]
$136.2 Million Is Pulled from Strong Capital Management in October
Nov. 7–Investors last month pulled $136.2 million out of equity funds managed by Strong Capital Management Inc., one of the companies in the cross hairs of New York Attorney General Eliot Spitzer’sinvestigation of alleged abuse in the mutual fund industry. […]
Tokyo Stocks Moderately Lower in Morning
Tokyo, Nov. 6 (Jiji Press)–Stocks ended moderately lower on the Tokyo Stock Exchange Thursday morning, with investor sentiment hurt by the continued sluggish performance of major banking groups. “The U.S. Dow Jones industrial average’s softness overnight pushed down Japanese stocks […]
Avondale Partners Expands Investment Banking Group
NASHVILLE, Tenn.–(BUSINESS WIRE)–Nov. 6, 2003–Avondale Partners has expanded its investment banking practice with the addition of two veteran bankers from Thomas Weisel Partners, Karsten Lampka,who has joined Avondale as a Director, and Chris Calton, who has joined as Vice President. […]
Hedge Funds: Additional Adviser Registration – Yea or Nay?
NASHVILLE, Tenn.–(BUSINESS WIRE)–Nov. 6, 2003– A Commentary by George Van, Chairman of Van Hedge Fund Advisors International, Inc. This last September, the SEC’s Division of Investment Management released its report, “The Implications of the Growth of Hedge Funds.” This report […]
ADVISORY/China’s Emerging Economy; Sponsored by RTKL
–(BUSINESS WIRE)– Panel Discussion on the Impact of Economic Reforms – Industry Experts Outline the Legal, Trade, Investment, Urban Planning and Architectural Challenges Facing the New China <pre><br>DATE: Thursday, November 13th, 2003<br><br>TIME: Registration and continental breakfast 8:00 – 8:30am.<br> Presentations […]
U.S. weighs action on Alliance Capital over funds
U.S. regulators are weighing action against Alliance Capital Management for improper trading of mutual funds that was done with the knowledge of top executives, according to people briefed on theinvestigation. The New York State attorney general, Eliot Spitzer, and the […]
In Europe, bonuses are poised to rebound Payouts to rise 10% to 20%, survey says
As the Christmas shopping season draws near, European investment bankers and securities traders who have survived successive rounds of layoffs can take some comfort: The big bonus is making acomeback, at least in a few of the most profitable areas […]
Texas Investor in Start-Ups to Close Dallas-Area Office
Nov. 6–Austin Ventures LP, one of North Texas’ biggest investors in start-up companies, is closing its last office in the Dallas area. The venture capital firm plans to continue investing in companies in the region through its office in Austin, […]
O’Melveny & Myers Ranks #1 in Private Equity Deals for the First Six Months of 2003
O’Melveny & Myers LLP ranked #1 in Private Equity Analysts’ Guide to Venture Capital and Private Equity Attorneys as the Most Active Law Firm by Number of Deals for the first half of 2003. In addition to this important recognition, […]
Southwest Bio Venture Conference to Showcase Leading Companies to Top Venture Capitalist Firms From Across the Nation
<body.content> <block> <p>AUSTIN, Texas, Nov. 6 /PRNewswire/ — Investors and venture capitalists from across the nation will meet once again in Houston for the fourth annualSouthwest Bio Venture Conference & Symposium, presented jointly by CN Group and Texas Healthcare and […]