Category Archives: Uncategorized
Conservatives would oppose EU hedge fund law
Reuters – A Conservative government would oppose a planned European law for hedge funds as it stands, one of the party’s leading MEPs in Brussels overseeing the law has told Reuters. Last week, Prime Minister Gordon Brown intervened to stop […]
Regulatory change to entice offshore funds
FINANCIAL services professionals will have a say in regulatory changes designed to make Australia more attractive to foreign funds managers under proposals outlined today. The Australian Financial Centre Forum found today that although Australia’s funds management industry is one of […]
New SEC Unit To Cover Hedge Fund, P.E. Probes
The Securities and Exchange Commission is shaking up its enforcement division, establishing five priority areas, including one pointed directly at hedge funds and private equity firms. The agency, and in particular its enforcement arm, have taken a beating in the […]
Calpers Says Middlemen Received at Least $125 Million
Jan. 14 (Bloomberg) — The California Public Employees’ Retirement System, the largest U.S. public pension, said private investment firms paid at least $125 million to placement agents for help winning contracts to manage the fund’s money. The pension fund today […]
Hedge funds to favor BRIC not PIIGS in 2010: Lipper
ZURICH (Reuters) – The fast-growing BRIC group of economies will be back in favor in 2010 among emerging markets-focused hedge fund managers, who may shun European countries slammed by recession, an industry expert said. While strong growth is expected in […]
Barnier opens door to London hedge fund managers
Michel Barnier, the European Commissioner designate for the Internal Market and Services, has said he wants to come to London soon to ask hedge fund and private equity managers about changing the EU’s controversial proposed Alternative Investment Fund Managers Directive. […]
Corruption probe that became fatal game of Russian roulette for Bill Browder
Telegraph – Bill Browder knows exactly the “darkest day” of his life. It was Tuesday November 17, the day he found out that his colleague Sergei Magnitsky, a Russian lawyer, had died in a squalid Moscow prison awaiting trial. Although […]
John Henry slashes 8 from Hedge Fund staff
New York (HedgeCo.net) – John Henry, perhaps best known as principal owner of the Boston Red Sox, has announced the firings of roughly one quarter of the staff at his Boca Raton, FL based investment company, John W. Henry & […]
Cioffi Told Investors Only ‘Couple Million’ Redemptions on Call
Bloomberg – Bear Stearns Cos. hedge fund manager Ralph Cioffi told investors in April 2007 that there had been a “couple of million” dollars in redemptions, days after being told an investor asked to withdraw $57 million. Evan Kerr, a […]
Hedge fund leaders gain clout
Boston.com – Hedge fund managers – a secretive, lightly regulated group portrayed by some as villains in last year’s financial meltdown – appear to have a new degree of clout on Capitol Hill in shaping legislation that will determine how […]
Deloitte Adds Hedge Fund Heavyweights Schubert and Iler
New York (HedgeCo.Net) – Hedge fund pioneers Ellen C. Schubert and Ray J. Iler have joined the hedge fund team of Deloitte LLP’s Asset Management Services practice. Schubert joined Deloitte in the newly-created role of Chief Advisor to the Asset […]
Is It Too Late To Register Your Trademark?
Trademarks are invaluable assets. They are the primary means through which most companies identify themselves to the public, and the primary means through which the public identifies and distinguishes one company from another. Yet many hedge fund managers do not […]