Monthly Archives: June 2011
Indian-American hedge fund manager had at least 8 tipsters
Economic Times – At least eight people provided Samir Barai , Indian American owner of Barai Capital Management , with non-public information about technology companies, a former company analyst has testified. Former analyst Jason Pflaum also testified Tuesday in federal […]
‘Beau’ Taylor’s Commodity Hedge Fund Said to Top $500 Million
San Francisco Chronicle – he Taylor Woods Master Fund Ltd., a commodity hedge fund provided with about $150 million in startup capital by Blackstone Group LP last year, has grown to more than $500 million, a person with direct knowledge of the […]
Bloomberg to Reveal Top 50 Financial/Hedge Fund People
New York (HedgeCo.net) – Bloomberg Markets Magazine has announced plans to unveil an exclusive list of the most influential people who move the world’s markets, Bloomberg Markets 50, in their October 2011 issue. The list will include business and financial […]
Regulation could see schemes withdraw from sec lending market
Global Pensions – Pension funds could once again retract from securities lending again if they are included in European proposals which would tag lenders as ‘short sellers’, according to the trade body for securities lenders. Pensions have re-expanded their lending […]
Hedge funds hunt for exits in oil
Commodities Now – “Follow the money,” FBI Deputy Director Mark Felt (“Deep Throat”) told Washington Post reporters Bob Woodward and Carl Bernstein during their investigation into the Watergate break ins. It remains good advice for participants in commodity markets. Most […]
‘Virtual Servant’ Danielle Chiesi Seeks Lighter Sentence in Galleon Case
Bloomberg – Danielle Chiesi, claiming her former boss at New Castle Funds LLC used their “toxic” sexual relationship to manipulate her into feeding him inside tips, asked a judge to sentence her to less prison time than he got for […]
Five Things Obama Can Do to Win Hedge Funds
CNBC – President Barack Obama is trying to win back Wall Street executives and hedge fund managers. In the 2008 election campaign, Obama enjoyed broad support from Wall Street. Even many executives who usually support Republican candidates were backing Obama […]
NY jury convicts 3 in NYC hedge fund trial
Forbes – The second trial to result from a massive investigation into insider trading at hedge funds ended Monday with the conviction of a trio of Wall Street traders on charges they paid hefty bribes to coax confidential information out […]
Marijuana IPOs Provide Investors With Gateway to Cannabis Boom
Bloomberg – In an industrial section of Oakland, California, former Morgan Stanley investment banker Derek Peterson hops into a trailer being outfitted with shower drains, lights and humidifiers, all used for growing marijuana. “This is one we’re finishing up, what we […]
Hedge Fund Launches: Access Fund Management’s New SMAs
New York (HedgeCo.net) – Hedge fund investment adviser Access Fund Management, LLC (AFM), is now applying their expeience in hedge fund manager selection and portfolio optimization to their new Separately Managed Accounts (SMA) of mutual funds, launching the Access Alpha […]
Hedge Fund Acquisitions: Wedbush/Lime
New York (HedegCo.net) – Los Angeles -based hedge fund manager Wedbush Inc,. is in the process of acquiring Lime Brokerage, a provider of high-speed, high-volume trading technologies, according to the Securities Technology Monitor. “Lime has long been viewed as a […]
Prince William Helps Hedge-Fund Charity Raise 17 Million Pounds
Bloomberg – Prince William and the Kings of Leon helped Absolute Return for Kids raise 17.2 million pounds ($28.1 million) at the charity’s 10th annual dinner in London last night, a sign that the hedge-fund industry continues to recover from […]