Monthly Archives: March 2012
Fairfax’s once-giant suit shrinks as hedge funds are dismissed
CT Post – Fairfax Financial Holdings Ltd., with seven of eight hedge funds it accused of spreading false rumors no longer in a lawsuit, may see the $24 billion case shrink again with a judge poised to rule whether racketeering […]
Billionaire Hedge Fund Losers
Forbes – Trading the financial markets in 2011 was a humbling experience for many billionaire hedge fund managers. While some hedge fund titans managed to successfully navigate through the year, many big names stumbled. The biggest loser, however, was billionaire […]
The Hedge Fund That Beat Paulson and Soros
BusinessWeek – Hedge fund managers are measured by two things: the size of their fund, and how much they earn for investors. Since 2009, Ray Dalio’s Bridgewater Associates has been the biggest hedge fund. According to a Feb. 29 report […]
Philanthropy: Private Equity vs. Hedge Fund Basketball Tournament
New York (HedgeCo.net) – Over 150 executives from the Wall Street community will join New York Knicks legends, corporate sponsors, and high school students for a charity basketball tournament hosted by Youth, I.N.C. (Improving Nonprofits for Children) Wednesday, March 7th; […]
Ogier Cayman Named ‘Best Offshore Law Firm’ for a Second Year
Grand Cayman, Cayman Islands – Ogier Cayman announced today it has secured top honours in the 2012 Hedgeweek Awards, including ‘Best Offshore Law Firm’ – the second year in a row it has secured that accolade – and runner up […]
Eurekahedge Launches New Insurance Linked Hedge Fund Index
New York (HedgeCo.net) – Eurekahedge has launched a new hedge fund index, the ‘Eurekahedge ILS Advisers Index’, focusing on insurance linked securities in partnership with ILS Advisers. Increasing amounts of government intervention in worldwide financial markets has created an unprecedented correlation […]
Paramount Access Advisors offers exclusive access to the world’s top hedge fund managers to a select group of advisors
Addison, TX – Paramount Access Advisors <http://www.ParamountAccessAdvisors.com> is pleased to announce that they have entered into an agreement with Shoreline Associates, an independent consortium of consultants responsible for sales and distribution to the Registered Investment Advisor community. Paramount Access Advisors […]
Personal assistant pleads not guilty to ripping off hedge fund manager
NY AM – A personal assistant pleaded not guilty Thursday to bilking $900,000 from her famous boss – Aon heir Todd Meister – and may claim the alleged unauthorized purchases were the spoils from their romantic relationship, according to published […]
Two Hedge Fund Managers Sentenced to a Combined 17 Years Behind Bars
New York (HedgeCo.net) – Utah-based hedge fund managers Thomas Repke and James Jeffery were sentenced today to federal prison on charges of conspiracy to commit wire and mail fraud. The pair were principals of hedge fund operator known as Coadum Capital […]
Aima defends credit funds against ‘shadow banking’ label
HFM Week – Aima, the industry trade body, has released a paper arguing that credit hedge funds should not be considered part of the ‘shadow banking’ sector, in its latest attempt to defend the reputation of the hedge fund industry. […]
Vanderbilt expert: Don’t ignore warning signs of hedge-fund fraud
Vanderbilt University – A Japanese hedge fund company some are calling “the Japanese Bernard Madoff” seems to be reaffirming the maxim that if returns are too good to be true, there probably is something wrong. According to initial media reports, AIJ […]
Dr. Meier: many fund of hedge funds managers are still not adequately equipped to execute proper selection and DD
Opalesque – Prof. Dr. Peter Meier heads the Centre for Alternative Investments & Risk Management at the Zurich University of Applied Sciences (Zhaw), as well as hedgegate, a free database and index for Swiss funds of hedge funds. He talked to Opalesque about […]