Tag Archives: hedge fund
Hedge fund assets rebound, near $2 trillion-report
Reuters – Rising markets and a fifth straight month of investors adding money pushed hedge fund assets close to $2 trillion in September, according to industry research firm HedgeFund.net. Globally, hedge fund assets rose nearly 3 percent last month to […]
SEC And Manhattan DA Investigate Southridge Capital
Forbes – Southridge Capital Management, a Ridgefield, Conn., hedge fund firm run by Stephen Hicks that primarily employs an investment strategy known as PIPEs, is under investigation by the Securities and Exchange Commission and Manhattan District Attorney Robert Morgenthau. The […]
Hedge fund NewSmith pays members 29 million pounds
Reuters UK – London-based hedge fund firm NewSmith paid its senior staff 29.4 million pounds last year despite some of its investments running into trouble during a volatile year for markets. NewSmith, one of the hedge fund firms to appear […]
Chicago hedge fund owner pleads guilty to 1 count of wire fraud in Tom Petters fraud case
AP – A Chicago hedge fund owner accused of helping prop up the alleged Tom Petters Ponzi scheme has pleaded guilty to one count of wire fraud. Appearing in federal court in St. Paul on Wednesday, Gregory Bell admitted helping […]
Delphi emerges from Chapter 11 after 4 years
Associated Press – Delphi nearly emerged from Chapter 11 last year, but was forced to redraw its reorganization plan after a group of investors, led by the Appaloosa Management LP hedge fund, pulled out of an investment deal in April […]
Charles Schwab and Hedge Fund Founder Ken Fisher Recipients of Tiburon’s Inaugural CEO Summit Awards
New York (HedgeCo.net) – Ken Fisher, Founder and CEO of Fisher Investments will be honored along with Charles Schwab as recipients of Tiburon’s Inaugural CEO Summit Awards, recognizing their contributions to “Focusing on Customer Needs” and “Challenging Conventional Wisdom.” “Never […]
Former Och-Ziff, Ivory Senior Asia Managers Start Hedge Fund
Bloomberg – Raaj Shah, an ex-partner of Och-Ziff Capital Management Group LLC, co-founded a hedge fund last month trading under-researched and mispriced Asian securities affected by events such as mergers, tax changes and forced selling. The almost $50 million Matchpoint […]
Rogers Investment Adds Staff for Private Equity Fund
Bloomberg – Rogers Investment Advisors Y.K., a Tokyo-based hedge-fund advisory firm, said it hired Rory Kennedy, Yuka Watanabe and Masayo Fukushima as it prepares to start its second fund investing in Asia. New York-based Wolver Hill, advised by Rogers Investment, […]
U.K. Church Is Unlikely Defender of Hedge Funds
WSJ – The Church of England has emerged as an unlikely defender of the hedge-fund industry against the prospect of new regulations from the European Union. Only last year, the Archbishop of York was calling hedge funds “bank robbers” for […]
The mystery investor who is turning the tin market on its head
Telegraph – A single investor – thought to be a hedge fund – is sitting on thousands of tonnes of tin in warehouses across London. According to traders almost the entire stocks of tin on the London Metals Exchange (LME) […]
FRM Seeds Asia Focused Hedge Fund
New York (HedgeCo.net) – Global fund of hedge funds group, Financial Risk Management and its seeding arm, (FCA), has entered into a strategic relationship with an Asian hedge fund expected to launch at the beginning of December with between $50 […]
Hedge funds in Alameda? Oh my!
SF Gate – Apparently, hedge funds are so toxic in Alameda that just throwing the word around is enough to qualify as in depth criticism of the Alameda Point Revitalization initiative. The question at Alameda Point is whether or not […]
