Monthly Archives: March 2012

Hedge Fund Rising Stars: The best of the next generation

FN – This is the second annual FN 40 Under 40 Rising Stars of Hedge Funds, Financial News’ editorial pick of the brightest up-and-coming men and women in the industry. As the European hedge fund market matures, they represent the […]

Ex-NY hedge fund head who fled admits $4M swindle

AP – A former New York hedge fund manager has admitted bilking more than $4 million from investors. Brian Kim also admitted Friday that he stole hundreds of thousands of dollars from his condominium board and fled to Hong Kong as […]

2-Bahrain’s Arcapita files for Chap.11 after hedge fund pressure

Reuters – Bahrain investment house Arcapita became the first Gulf entity to file for Chapter 11 bankruptcy protection in the United States, after it was threatened with legal action if it did not repay a hedge fund in full, three […]

Investor In $1.4 Billion Hedge Fund Firm Run By Twin Brothers Sues To Get Money Back

Forbes – More than three years have passed since the credit crisis sparked nasty redemption battles between hedge funds and their investors—but some of these fights remarkably continue to pop up. The latest example involves a Redwood City, Calif., fund […]

SS&C Offers To Buy Hedge Fund Administrator for Over $900 Million

New York (HedgeCo.net) – European Tech Company SS&C has made a recommended cash offer for hedge fund administrator GlobeOp. GlobeOp Financial Services (LSE:GO.) is an independent provider of business process outsourcing, financial technology services and analytics to hedge funds and other sectors of […]

Ibbotson, Chen, and Zhu Receive Graham and Dodd Scroll Award from the CFA Institute Financial Analysts Journal

CHICAGO, March 15, 2012—Morningstar, Inc. (NASDAQ: MORN), a leading provider of independent investment research, today announced that Roger Ibbotson, Peng Chen, and Kevin Zhu received the Graham and Dodd Scroll Award from the CFA Institute Financial Analysts Journal (FAJ) for […]

Hedge Fund People Moves: Ogier Cayman Appoints New Partner

New York (HedgeCo.net) – Hedge fund law firm Ogier announced today the appointment of Richard de Lacy QC to the role of partner and head of the firm’s Cayman litigation practice, effective 19 March 2012. “We are delighted to be […]

Commodity funds BlueGold, Clive miss out on oil rally

Reuters – At least two major commodity funds have missed out on this year’s oil rally, one of the energy market’s biggest since the financial crisis, market sources said. BlueGold and Clive Capital, both based in London and known for […]

SEC accuses James Michael Murray of investor fraud

San Francisco Chronicle – Federal regulators accused a Marin County investment adviser Thursday of raising more than $4.5 million for a purported hedge fund with the help of a fabricated audit. In a U.S. District Court lawsuit, the Securities and […]

Man Group Sees Hedge Fund Demand From Asia-Pacific Investors

Bloomberg – Man Group Plc (EMG), the world’s largest publicly traded hedge fund, is seeing demand for hedge funds from sovereign and institutional investors in the Asia-Pacific region, said Chief Executive Officer Peter Clarke. “They are looking for a degree of […]

Goldman Hedge Fund Adviser Blasts Employer, Resigns

New York (HedgeCo.net) – The market value of Goldman Sachs has dropped over $2 billion overnight, according to reports. 12 year Goldman executive and hedge fund adviser Greg Smith resigned publicly yesterday, causing a flood of opinion and uproar from the financial industry and […]

TABB Research: International Investors and Asian-domiciled Hedge Funds

New York (HedgeCo.net) – Institutional investors seeking exposure to emerging Asian equity markets face challenges in accessing many of the region’s closed markets and are turning to exchange-traded derivatives markets, as well as over-the-counter (OTC) instruments that can provide the […]