Monthly Archives: March 2009
InfoHedge Technologies Certified as Paladyne Systems Implementation Partner
NEW YORK – InfoHedge Technologies, a leading provider of IT services and solutions to the alternative investment industry, and Paladyne Systems, Inc., a leading solutions provider to the global hedge fund industry, today announced that InfoHedge Technologies has been designated […]
Ramius Fund Of Funds Group LLC and Hatteras Capital Investment Management, LLC Announce Joint Venture
New York, NY – Ramius Fund of Funds Group LLC, an investment adviser that provides discretionary investment management services to U.S. and international clients in the alternative investment space and Hatteras Capital Investment Management, LLC, a provider of unique alternative […]
Florida Hedge Fund Swindler Granted Continuance in New York
New York (HedgeCo.Net) – Arthur Nadel, the 76-year-old Sarasota resident who was accused of disappearing with $350 million of investor funds, has been granted a 30-day continuance by a federal judge in New York yesterday. Prosecutors will have until […]
Hedge Funds Size/Performance, Crisis Analysis
West Palm Beach (HedgeCo.net) – A recent paper by AlternativeSoft regarding the influence of hedge fund size and strategy during the recent crisis, showed that that from July to December 2008, large and medium hedge funds outperformed their smaller peers […]
Dynamic Hedge Fund May Be Placed Under Liquidator’s Protection
Bloomberg – A Cayman Islands court may decide tomorrow to put Dynamic Decisions Capital Management Ltd.’s main hedge fund under the protection of an outside firm after investors accused the manager of “gross mismanagement and misfeasance,” according to people familiar […]
Hedge fund hotshot Robert Mercer files lawsuit over $2M model
New York Daily News – A hedge fund hotshot’s lawsuit over a toy railroad setup sounds more like the great train robbery than Thomas the Tank Engine. Robert Mercer is accusing the builder of overcharging him by nearly $2 million […]
Julius Baer appoints Collardi private bank CEO
Alibaba News Channel – Swiss banking group Julius Baer appointed Boris Collardi as new chief executive of its private banking unit, a permanent replacement for Alex Widmer, who committed suicide in December. Collardi, born in 1974 and currently chief operating […]
Hermes Fund Managers appoints Bridgepoint to oversee its private equity funds
AltAssets – Multi-boutique asset manager Hermes Fund Managers will move away from direct private equity investments. As such, the firm has appointed Bridgepoint, the European private equity firm, to manage its direct investment vehicles, Hermes Private Equity Partners II and […]
Adviser calls for legal action against Matrix
CityWire.co.uk – Matrix’ marketing material continues to state the objective of the Bastion fund is to ‘generate consistent returns over the medium term with low correlation to major stock and fixed income market indices with a low degree of risk.’ […]
Julius Baer appoints Collardi as private bank CEO
Forbes – Swiss banking group Julius Baer appointed Boris Collardi as chief executive of its private banking unit, a permanent replacement for Alex Widmer who committed suicide in December. Collardi, chief operating officer of the private banking unit Bank Julius […]
Cerberus May Use New Fund to Pay Investors as Redemptions Surge
Bloomberg – Cerberus Capital Management LP, the $27 billion investment firm founded by billionaire Stephen Feinberg, may use stakes in a new fund to pay investors seeking withdrawals from a hedge fund after redemptions surged. Setting up a so-called special […]
Government courts hedge funds, tries to rein them in
Reading Eagle – Hedge funds are being offered a sweet deal to help the Obama administration rescue the U.S. banking system: A low-risk opportunity to scoop up soured bank assets that could one day make them a killing. But the […]