Tag Archives: hedge-fund-manager

Hedge Fund Manager Goldstein Loses ‘Freedom of Speech’ Case in Massachusetts

Securities Industry News – Hedge fund manager Philip Goldstein, who successfully curbed the Securities and Exchange Commission’s attempts in 2006 to regulate hedge funds, has lost a “freedom of speech” case against the state of Massachussetts. A Massachussetts court on […]

Fueling Growth: Outsourcing Solutions for Hedge Funds

New York (HedgeCo.net) – A new whitepaper published by Pershing LLC, a BNY Mellon company, and Aite Group LLC examines critical hedge fund operations, entitled, Fueling Growth: Outsourcing Solutions for Hedge Funds, reports that an increase in client redemption requests […]

Judge backs Galvin in case against hedge fund

Boston Herald – Secretary of State William Galvin’s office didn’t violate a well-known hedge fund manager’s free-speech rights when the state cracked down on the fund’s use of the Internet to advertise to nonqualified investors. Suffolk Superior Court Judge Judith […]

Bookstaber To Speak At HedgeWorld As The Number of Hedge Funds Rise

New York (HedgeCo.net) – Hedge fund manager Richard Bookstaber will be speaking at is year’s HedgeWorld Fall Conference. He is the author of “A Demon of Our Own Design: Markets, Hedge Funds, and the Perils of Financial Innovation,” a book […]

CIT’s future in question ahead of lender meeting

Lexington Herald – CIT Group Inc.’s shares soared Tuesday on a report that hedge fund manager John Paulson is considering merging the troubled finance company with failed mortgage lender IndyMac Federal Bank. But they plunged after-hours as a separate report […]

Prosecutors Present Evidence of Fraud in Cioffi Case

New York Times – Ahead of a scheduled trial next month, prosecutors have identified “direct evidence” that they say shows a former hedge fund manager, Ralph Cioffi, used his investment in a fund he controlled to obtain a $4.2 million […]

Paulson mulls CIT-IndyMac merger: report

Reuters – Hedge fund manager John Paulson is considering merging troubled U.S. finance company CIT Group Inc with failed mortgage lender IndyMac Federal Bank, the New York Post said, citing people familiar with the matter. CIT shares rose 9.6 percent, […]

Holon Fund Gains 1.86% in August, 25.25% YTD

New York (HedgeCo.net) – Hedge fund manager Quantum Global Financial Corp. (QGF) reports a 1.86% gain in August for its Holon Fund, bringing the year-to-date return to 25.25% and the rolling 12-month return to 29.18%. For the same 12 months, […]

Brevan Howard Says Unit May Open Switzerland Office

Bloomberg – Brevan Howard Asset Management LLP, Europe’s largest hedge-fund manager, said the parent of its offshore unit may open an office in Switzerland. “The parent company of Brevan Howard’s offshore group continually evaluates global business opportunities and is currently […]

Slumping Energy Demand Has Bottomed, Fund Manager Melis Says

Bloomberg – The decline in energy demand and drop in German electricity prices may have ended, according to the chief executive officer of hedge-fund manager Energy Capital Management BV. “The forward prices are at lows, the spot prices are at […]

Former hedge fund manager ordered to pay $500,000

South Florida Business Journal – A federal court judge has ordered former hedge fund manager Michael Lauer to pay a $500,000 civil penalty. The order was issued Aug. 17, but only announced in a Securities and Exchange Commission news release […]

Griffin Shifts Funds’ Strategy to Fortify Citadel

Bloomberg – Ken Griffin started trading convertible bonds 22 years ago from his Harvard University dorm room. Now he’s moving away from the investments that made him a billionaire hedge-fund manager — and unraveled last year, leaving clients with a […]