Tag Archives: accredited-investors


Hedge Fund Manager to Appear in Court

January 30, 2009 : Permalink

West Palm Beach (HedgeCo.net) – Hedge fund manager Arthur Nadel is scheduled for a bail hearing in federal court in Tampa this afternoon. Nadel faces a federal charge of securities and wire fraud after using “manipulative and deceptive devices” to […]

Green Alternative Investment Software To Be Developed

January 29, 2009 : Permalink

West Palm Beach (HedgeCo.net) -CommodityPoint, a utilities analyst and consulting firm of UtiliPoint International, is partnering with Global Change Associates, convergence of energy and environmental financial markets specialist, to undertake a multi-client research project and to produce a study report […]

Missing Hedge Fund Fraudster Turns Himself In

January 28, 2009 : Permalink

New York (HedgeCo.Net) – Missing hedge fund manager Arthur Nadel, who disappeared last week along with an estimated $350 million of investor’s money, turned himself in to the FBI yesterday.   The Sarasota resident, 76, turned himself in at a […]

SEC Commissioner Urges Greater Regulation of Hedge Funds

January 28, 2009 : Permalink

New York (HedgeCo.Net) – SEC Commissioner Luis Aguilar said his agency should be given the authority to regulate hedge funds after urging Congress “to close the glaring loopholes in securities regulation.” Aguilar, one of the agency’s five commissioners, is among […]

Eze Castle & Reuters Sponsor Obama Hedge Fund Strategy Panel

January 28, 2009 : Permalink

West Palm Beach (HedgeCo.net) – Hedge fund tech. provider Eze Castle Integration and Thomson Reuters are sponsoring a panel to discuss hedge fund strategies and regulatory considerations for the Obama administration, the ‘Obama Administration & Hedge Fund Strategies panel’. Hedge […]

Deephaven’s Hedge Fund Bought by Stark Investments

January 28, 2009 : Permalink

West Palm Beach (HedgeCo.net) – Deephaven Capital Management signed a deal on Tuesday to sell the assets of its flagship hedge fund, Knight Capital Group Inc., to Stark Investments. The founders, Brian Stark and Mike Roth, will give Deephaven investors […]

New York Exec Nailed for Alleged $400 Million Ponzi Scheme

January 27, 2009 : Permalink

New York (HedgeCo.Net) – Nicholas Cosmo, head of New York-based Agape World Inc., has been arrested for allegedly running a $400 million Ponzi scheme.  His company, which marketed commercial bridge loans, was not registered with the U.S. Securities and Exchange […]

FX Trading Grows 250% as Investors Look For Alternative to Hedge Fund Trading

January 27, 2009 : Permalink

West Palm Beach (HedgeCo.net) – Deutsche Bank’s foreign exchange (FX) trading platform, dbFX.com, reported a surge in customer numbers in 2008 as FX grew as an asset class of choice for investors amid the financial crisis. The trading platform saw […]

Eurekahedge Forecasts More Hedge Fund Launches in 2009

January 27, 2009 : Permalink

West Palm Beach (HedgeCo.net) – Hedge funds returned a healthy 1% in January, wrapping up a tumultuous 2008 at -12.3%, according to Eurekahedge. Hedge fund assets fell $380 billion or 20% in 2008, from just under $1.9 trillion to just […]

Paulson Pockets Big Bucks on Short Sale

January 27, 2009 : Permalink

New York (HedgeCo.Net) – Billionaire and hedge fund manager extraordinaire John Paulson has reportedly pocketed $139 million by betting against the Royal Bank of Scotland, further fueling cynicism that shorting aids in driving down share prices.   Paulson is no […]

Senate Approves Schapiro as New Head of SEC

January 23, 2009 : Permalink

New York (HedgeCo.Net) – Mary Schapiro, who most recently was the CEO for the Financial Industry Regulatory Authority, is now the head of the Securities and Exchange Commission.  The Senate approved Schapiro yesterday, a month after being nominated President Barack […]

Morningstar Reviews 2008’s Losses and Gains

January 22, 2009 : Permalink

West Palm Beach (HedgeCo.net) – In their summary of hedge fund performance for the fourth quarter and full year of 2008, Morningstar reported that 2008’s low returns wiped out the last two years gains. Investors lost their appetite for hedge […]