Tag Archives: investors

Former board chair, whose hedge fund lost $1.5 billion, returns to board, will oversee endowment

The Mac Weekly – Larson resigned from the board in August 2007 after the sale of his hedge fund, which had been one of the most successful in the country. Sowood Capital Management was an early, high-profile casualty of the […]

Investors fear money went south — to Panama

StarTribune – The money trail in a suspect currency investment program promoted by several Twin Cities companies runs through an industrial building in this gritty southern California community that calls itself Horsetown USA. Trevor Cook, a 37-year-old Minneapolis money manager […]

Here comes the death of the bearish funds

Blogging Stocks – One year ago today, a quarter ended that put hundreds of bullish hedge funds out of business. Today, a quarter ends that will put hundreds of bearish hedge funds out of business. Oh, sure, last year some […]

Investcorp Receives Approval to Issue a Further US$ 40 Million of Preference Shares to Meet Demand

Zawya – Shareholders at InvestcorpInvestcorp’s Extraordinary General Assembly today voted to issue a further US$ 40 million of preference shares to meet additional demand from investors who subscribed to Investcorp’s recent capital raise. Investcorp had received commitments in excess of […]

Twitter lures in an unusual backer

Total Telecom – Twitter Inc., the latest Silicon Valley start-up to stir up investor excitement based on lofty expectations and an unformed business model, has a new backer that’s been a relative stranger to venture capital in recent years: T. […]

Tony Chedraoui starts $500m hedge fund

Tehran Times – One of London’s top traders is launching a $500m (£307m) hedge fund in a move that signals the industry could be about to make a comeback following a disastrous year of losses in 2008. Tony Chedraoui, who […]

Transparency the key word among hedge fund heads

Canada.com – Holding a hedge fund conference at a casino may not be the best optics for an industry that was cast as one of the free-wheeling gamblers of the financial crisis, but players in the fledgling Canadian sector meeting […]

Capital Gold Group Clients Haunted by Lehman Fall 1 Year Later

CNBC – A year after the fall of Lehman Brothers, Capital Gold Group, Inc. is still helping retirees and investors to diversify and protect what is left of their investment funds and retirement portfolios in tangible gold assets. During the […]

Hedge Fund Settles Madoff Suit

News Inferno – One hedge fund has agreed to reimburse its investors who were swindled in the historic Ponzi scheme orchestrated by the disgraced, now jailed, financier, Bernard Madoff. The hedge fund—Fairfield Greenwich Advisors—apparently moved money to Madoff, said Boston.com, […]

Diploma suit by Conn. hedge fund scammer dismissed

Hartford Courant – A federal judge has dismissed a lawsuit by a man convicted of running a hedge fund scam in Connecticut who claimed New York University owed him a diploma. Hakan Yalincak (yal-in-SACK’), an NYU undergraduate, was sentenced in […]

Cerberus to ban withdrawals from 2 funds

Reuters – Cerberus Capital Management CBS.UL said on Wednesday it will prohibit investors in new hedge funds from withdrawing money for three years. Earlier on Wednesday, the Financial Times reported Cerberus planned to bar withdrawals in two new funds to […]

Suit filed against law firm in Florida fraud case

Forbes – A court-appointed receiver in the case of a Sarasota man accused of bilking investors of up to $350 million is suing the firm that represented the hedge funds for failing to protect investors. A lawsuit filed Monday says […]