Tag Archives: hedge fund
Hedge Fund Registration is Likely to be Required by the End of 2009 – How to Prepare Your Fund
New York (HedgeCo.net) – There are currently several proposals on the floor of Congress that would affect the future of hedge fund regulatory requirements. The proposals call for increased transparency and accountability of hedge funds in a governmental mission to […]
Activist hedge fund TCI closes down in Asia
Reuters – Activist investor, The Children’s Investment fund (TCI), has closed down in Asia following the departure of its regional head earlier this year, sources familiar with the matter said on Tuesday. The UK-based fund had approached other global hedge […]
Galleon’s switch to cash may ease redemptions
The assets of Galleon Group have not been frozen by the US authorities and there should be no hold up in returning money to investors, a source familiar with the matter said. More than 90 per cent of the funds […]
Hedge Fund Expert To Launch a Quant Equity Market Neutral Fund
New York (HedgeCo.net) –CEO at QuantZ Capital Management, Milind Sharma, is in the process of launching his own hedge fund, sources say. The hedge fund manager is reportedly in talks to raise $500 million for the QuantZ Quark Market Neutral […]
Ad Salesman-Turned-Hedge Manager at Center of Loss
Bloomberg – Helmut Kiener went from selling advertising for telephone books and getting paid by the ad to starting a German hedge-fund firm that would eventually make bets using millions borrowed from such banks as Barclays Plc, JPMorgan Chase & […]
BNY Mellon Wins Hedge Fund Admin. Award
New York (HedgeCo.net) – BNY Mellon was one of eight industry-leading companies to be nominated for the honor as part of HFMWeek’s 2009 U.S. Service Provider Awards, which were presented in New York on October 22. BNY Mellon’s Alternative Investment […]
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 […]
UK Hedge Funds Care Hosts Art Auction – Picasso, Dali, Matisse and Chagall
New York (HedgeCo.net) – Hedge Funds Care is holding its fifth London black tie event in Whitehall, London, on 3 December 2009. Esther Rantzen CBE, veteran journalist and TV presenter as well as founder of ChildLine has agreed to become […]
Hedge fund guru George Soros claims bonus anger is justified
City AM – Billionaire investor George Soros at the weekend became the latest high-profile financier to wade into the bonus debate as he claimed the backlash against banking fat cats on lucrative pay deals is justified. Speaking in an interview […]
ECB warns on hedge-fund regulation
AFP – The European Central Bank has warned that European Union plans to regulate hedge funds and private equity groups could tilt the playing field against EU companies. The ECB’s position could influence the rewriting of proposed rules drafted by […]
Hedge fund crackdown softened by Swedes
Guardian.co.uk – Sweden is trying to water down moves to toughen regulation of hedge funds and private equity firms before its EU presidency expires at the end of the year. In new proposals the Swedes have suggested withdrawing a cap […]
Rajaratnam Out On Bail, Winds Down Hedge Funds In Letter to Clients
New York (HedgeCo.net) – In a letter first made public by Reuters today to Galleon employees and clients, Raj Rajaratnam, who has been released on bail, said “I have decided that it is now in the best interest of our […]
