Author Archives: the HedgeCo News Team
MPC Investors Launch Ajay Gambhir’s $900M Hedge Fund
MPC Investors (MPC) today announced the $900m launch of the MPC Samsara hedge fund. The Fund is managed by Ajay Gambhir who joined MPC Investors at the beginning of May. The fund’s size will make it one of the largest […]
Goldman Ex-Partner, Hedge-Fund Chief Sender Fight Over Church
Bloomberg- Dennis Suskind, a former Goldman Sachs Group Inc. partner, plans to convert a church in Sag Harbor, New York, into a residence. Hedge-fund manager Adam Sender wants the 19th century landmark to show his art collection. The Sag Harbor […]
Swiss financiers seek to tempt hedge funds
SwissInfo- With only four out of around 9,500 hedge funds domiciled in the country, the moneymen fear a bonanza is slipping from their grasp. Surprisingly though, these specialists are pointing the finger at the tax and regulatory systems. Hedge funds […]
Two hedge funds boost their stakes in LSE
LONDON (Reuters) – Two hedge funds have been buying shares in the London Stock Exchange as Nasdaq Stock Market seeks to sell its 31 percent stake, according to regulatory documents filed on Tuesday. Horizon Asset Management and Kinetics Asset Management, […]
SEC Sues Lancaster Hedge Funds for Insider Trading
Bloomberg – The U.S. Securities and Exchange Commission sued Lancaster Investment Partners LP and hedge-fund manager Robert Berlacher for alleged illegal trading that the agency said generated $1.7million in ill-gotten gains. Berlacher’s funds violated trading rules for at least 10 […]
Jeff Koons’s `Blue Diamond’ for Sale at Christie’s New York
Bloomberg- A sculpture by Jeff Koons, whose collectors include billionaire Eli Broad and hedge-fund manager David Ganek, will be sold at a November contemporary art sale in New York at Christie’sInternational. Koons’s “Blue Diamond” from 2005, made of shiny stainless […]
New IFSB Hedge Fund Regulators
New York (HedgeCo.Net)- Islamic hedge fund regulators have agreed to admit 12 new members tothe the Council of the Islamic Financial Services Board (IFSB) bringing the total members to 137. Two new regulatory and supervisory authorities have joined the IFSB […]
Hedge fund investments rocket 400%
Sify- Its not difficult to fathom why SEBI chairman M Damodaran is hell-bent on getting guidelines in place to regulate – at least partially – hedge funds in India. Total assets in hedge funds investing primarily in India’s markets […]
Red Kite Metals Lost 20% in August
Bloomberg- Red Kite Metals, the world’s largest hedge fund dedicated to metals, tumbled about 20 percent last month as the $2.5 billion Touradji Capital Management LP commodities fund gained. The decline at Red Kite, co-founded by Michael Farmer, extends its […]
Legal Search Firm Hires Hedge Fund Specialist
West Palm Beach (HedgeCo.Net)- Lucas Group announced today in a press release that Todd Caissie has joined as the new Managing Partner of the New York Legal Executive Search office. Caissie brings nine years of recruiting experience to his new […]
TS Launches Second Fund After First Success
Single manager hedge fund ThinkStrategy Capital Management LLC. today announced the launch of the TS Multi-Strategy Fund LP Class B. The new class is an unleveraged version of an existing and successful TS Multi-Strategy Fund LP Class A and will […]
Hedge funds boost bottom line for managers-study
Reuters- Hedge funds are the new “must-have” products for all types of asset managers who rely on them to boost their bottom line, according to a study conducted by consulting firm McKinsey andInstitutional Investor’s U.S. Institute and released on Wednesday. […]