Monthly Archives: June 2012
SEC Releases FAQ for new Form PF Requirements
ComplianceWeek: The Securities and Exchange Commission has issued a collection of “frequently asked questions” regarding the new Form PF required of registered investment advisers that manage $150 million or more in assets attributable to private funds. The document seeks to […]
More Hedge Fund Managers Buying Insurance
Finalternatives: Call it another form of hedging: the vast majority of hedge fund managers (82%) carry professional indemnity insurance, according to a new survey from Baronsmead. That total is up significantly from 2010, when it stood at 64%. The London-based […]
ABN AMRO Private Banking goes overweight on hedge funds
Opalesque – Speaking at the Opalesque Monaco Roundtable – which will be published in July 2012 – Marc de Kloe, Alternative Investments Manager, ABN AMRO Private Banking said that ABN AMRO Private Banking has moved from Neutral to Overweight on […]
Pension Investment Management Company AIJ President Arrested in Japan
New York (HedgeCo.Net) AIJ President Kazuhiko Asakawa, 60, was arrested on suspicion of defrauding two corporate pension funds by presenting false investment performance records last year. This comes after a March raid of AIJ’s headquarters as well as 20 other […]
Fund of Hedge Funds Prisma Capital Partners purchased by KKR
New York (HedgeCo.Net) – Kohlberg Kravis Roberts, a leading global investment firm, today announced an agreement to acquire Prisma Capital Partners LP (“Prisma”), a leading provider of customized hedge fund solutions. The New York Based Prisma Capital Partners has made […]
Hedge Funds Boost Bullish Bets on Stimulus Outlook: Commodities
(Bloomberg) — Hedge funds raised their bullish commodity bets as mounting speculation that central banks will announce more economic stimulus halted a slide in prices and drove gold to its longest rally since August. Money managers raised combined net-long positions […]
Hedge fund managers in nervous mood for Monaco summit
(Reuters) – Three days in sun-soaked Monaco won’t be enough to stir hedge fund managers from their downbeat mood, made worse by a euro zone crisis that has prompted much soul-searching about the industry’s future after years of lacklustre returns. […]
Hedge funds made small gain in May
(Reuters) – Hedge funds managed to eke out a small profit in May, data showed on Friday, even as a resurgence of the euro zone debt crisis roiled markets and sent equity prices tumbling. The GlobeOp Hedge Fund Performance Index, […]
Galleon hedge fund case brings down Former Goldman Sachs director Rajat Gupta
New York (HedgeCo.Net) – Preet Bharara, the United States Attorney for the Southern District announced that Rajat K. Gupta, former corporate chairman of an international consulting firm and a member of the Boards of Directors of The Goldman Sachs Group […]
Citi Prime Finance Survey shows Hedge Fund Assets doubling in 5 years
New York (HedgeCo.net) – A recent study from Citi Prime Finance projects a doubling of assets in upcoming years. This news comes on the heels of a Reuters report that shows $5 Billion outflows in the month of April. BarclayHedge […]
Out-of-Work Hedge Fund Manager Needs Suggestions for a New Hobby
NY Magazine – In an earlier era, hedge fund managers who found themselves out of work had two or three acceptable options for passing the time between gigs: golf, tennis, and maaaaaybe poker. (Though that’s sort of Einhorn’s thing.) Now, though, […]
Unusual Assets Owned By Hedge Funds
Reuters – Hedge funds are widely known as investment vehicles for the wealthy because of their high risk investment strategies. Similar to mutual funds, in the way that they employ a manager and that the investments are pooled together, hedge funds are drastically […]