Monthly Archives: March 2011
Ex McKinsey chief Rajat Gupta goes on leave from his PE fund
Domain B – Former McKinsey boss Rajat Gupta, accused by the US Securities Exchange Commission of conspiring with hedge fund executive Raj Rajaratnam in an insider trading scam, has opted for ‘leave of absence’ from New Silk Route, a PE […]
Ex-Citadel employee turned rival charged with perjury
Crain’s — Cook County Sheriff Thomas Dart set bond at $100,000 for millionaire hedge-fund trader Mikhail Malyshev, who was indicted on two counts of perjury on Wednesday. The sheriff’s office began an investigation of Mr. Malyshev, 41, after his former […]
Hedge fund paid for inside data, state says
Boston.com – Secretary of State William F. Galvin charged a Cambridge hedge fund manager with using inside information about drug trials from a so-called expert network firm to profit on trades in pharmaceutical stocks. In a complaint filed yesterday, the […]
Hedge Fund Nominates 4 for Iron Mountain Board
ABC – Shares of Iron Mountain Inc. jumped in heavy trading Thursday after a hedge fund nominated four directors to the board of the Boston-based data storage and management company. Elliott Management, a hedge fund run by investor Paul Singer […]
20 managers control half of hedge fund assets in HK
Reuters – Just 20 funds cornered 56 percent of the hedge fund assets in Hong Kong, a survey by the Securities and Futures Commission released on Friday showed. More than 500 hedge funds in Hong Kong managed $63 billion at […]
Rajat Gupta Takes Leave From New Silk Route Partners Amid SEC Charges
Bloomberg – Rajat K. Gupta, the former Goldman Sachs Group Inc. (GS)director accused of insider trading by U.S. regulators, took a leave of absence from New Silk Route Partners, the $1.4 billion private-equity firm he co-founded. Gupta voluntarily took the leave to […]
Hedge Fund Trial Roundup: Galleon/Rajaratnam vs. SEC
New York (HedgeCo.net) – The largest hedge fund insider trading case in US history has gotten underway, raising more questions than answers on where the boundaries of business lie. Bloomberg – U.S. District Judge Richard Holwell in Manhattan swore in 12 […]
Hedge fund paid for inside data, state says
Boston.com – Secretary of State William F. Galvin charged a Cambridge hedge fund manager with using inside information about drug trials from a so-called expert network firm to profit on trades in pharmaceutical stocks. Galvin is looking to revoke the […]
As Hedge Fund Jury Selected, Speculations Of Misplaced Trust Continue
New York (HedgeCo.net) – As the Sri Lankan born-American hedge fund manager charged with 14 counts of conspiracy and securities fraud awaits trial, speculation is mounting about who will be testifying against him, close friends and colleagues, among others. A […]
World Economic Forum Honors Dylan Taylor as Young Global Leader
In recognition of his professional accomplishments, commitment to society and potential global impact through inspiring leadership, the World Economic Forum has recognized Dylan Taylor, chief executive officer in the U.S. for Colliers International, as a Young Global Leader (YGL) for […]
Top Hedge Fund Managers of 2010
Business Insider – Hedge fund pay has always been astounding, but few realize that it is only a handful that make over $1 billion per year. BBC recently released a report highlighting some of the most successful alternative asset managers […]