Monthly Archives: June 2012
Hedge Fund Jobs Act May Be Postponed
New York (HedgeCo.net) – The Investment Adviser Law Blog reports that the SEC may miss the deadline to adopt rules that would lift the ban on advertising and general solicitation by hedge funds and other private pooled investment vehicles, according […]
Hedge Fund People: Black Diamond Capital Management Hires Jean Fleischhacker
New York (HedgeCo.net) – $11 billion hedge fund firm, Black Diamond Capital Management LLC, announced the appointment of Jean Fleischhacker as Senior Managing Director, Business Development. Ms. Fleischhacker will lead the structuring and marketing for CLOs, other structured products, and […]
Magnum announces hedge funds liquidations: Jericho, MG Secured Debt, TM IndiaStar
Opalesque – According to Magnum U.S. Investments, Inc, a fund of hedge funds manager and hedge fund sponsor, Jericho Tax Lien Offshore Investments Ltd and Jericho 2010 Tax Lien Fund LP have returned capital to investors and are no longer […]
EU plans curbs on hedge fund pay
Business Report – European regulators published draft rules on Thursday to crack down on excessive bonuses for managers of hedge funds, a sector politicians have blamed for worsening euro zone debt problems. Policymakers have already clamped down on bankers’ bonuses, […]
U.S. hedge fund asks telecom Telus to disclose foreign ownership levels
Canadian Business – U.S. hedge fund Mason Capital Management has asked Telus Corp. (TSX:T) to address uncertainty that has been raised about the telecom company’s compliance with foreign ownership rules. Mason Capital said Thursday that a complaint by small Canadian […]
Hedge fund eyes 35 percent return from Greek bonds buy
Reuters – London-based hedge fund firm Adelante Asset Management has bought a position in the cut-price bonds of debt-laden Greece, betting that efforts by European politicians to restructure its debt mountain will provide a short-term boost to bond prices. The […]
S.E.C. Said to Be Poised to Sue Fund Manager
NYT – His wireless dreams all but dashed, billions of dollars lost and investors swearing him off, Philip A. Falcone has been a colorful exhibit of how quickly fortunes can turn in the hedge fund world. Adding to Mr. Falcone’s […]
Ernst & Young and The Hedge Fund Journal announce Tomorrow’s Titans 2012
Sacramento Bee – Ernst & Young LLP and The Hedge Fund Journal today announced the release of Tomorrow’s Titans 2012, a survey identifying 40 emerging hedge fund managers who are making an increasing contribution to the industry’s development and success. […]
John Paulson’s returns falter again; investors fret
Reuters – Billionaire trader John Paulson has told his wealthy investors that he has learned from his mistakes of 2011, which produced enormous losses for his closely watched hedge fund. The founder and manager of Paulson & Co, who made […]
Research: Women Working in Hedge Funds Are “Never The Right Age”
New York (HedgeCo.net) – A new report from the universities of Leicester and Essex looked into the concept of “adulting” which is defined as the attempt by people to be seen as mature and responsible, professionally and socially. The academics, who […]
Stark Investment to close multistrategy hedge funds
Pensions & Investments – Stark Investments is closing its multistrategy hedge funds due to a “meaningful reduction” in assets under management and will concentrate on managing single-strategy hedge funds, according to a Tuesday client letter obtained by Pensions & Investments. The […]
Hedge Fund Law Firm Ogier Wins Offshore Lawyer Award
New York (HedgeCo.net) – Cayman-based hedge fund law firm Ogier this week won the Offshore Law Firm of the Year award, announced at The Lawyer Awards 2012, in London. “We are absolutely delighted to win the Lawyer Offshore award. Last year […]