Author Archives: the HedgeCo News Team

About the HedgeCo News Team

The Hedge Fund News Team stays on top of breaking news in the Hedge Fund industry on an hourly basis. Signup to HedgeCo.Net to recieve Daily or Weekly news updates from our team.

Yorkville Advisors Appoints Formers SEC Commissioner

JERSEY CITY, NJ – July 18, 2007 – Yorkville Advisors LLC, the investment manager to Cornell Capital Partners – a private investment firm that specializes in structured finance and direct investments – today announced that Richard Y. Roberts has been […]

Hedge Fund Solutions Partners Up For Background Checks

West Palm Beach (HedgeCo.Net)- Hedge Fund Solutions (HFS) and Risk Management Solutions (RMS) announced today they are partnering together in order to feature comprehensive background investigations as part of HFS’s services to their clients. These reports enable fund of fund […]

Hedge fund Pershing Square has big stake in Target (Reuters)

Reuters- The hedge fund run by activist investor William Ackman said on Monday it now owns a 9.6 percent stake in Target Corp (NYSE:TGT – news), adding the discount retailer to its small list of closely watched investments. Ackman’s New […]

PM orders watch on hedge funds

Bangkok Post- Prime Minister Surayud Chulanont has ordered the Bank of Thailand to keep a close eye on hedge funds, warning that their movement could have an impact on the baht’s appreciation. The premier made the request at Monday’s economic […]

Clinton, Obama lead funds

MSNBC –   Barack Obama and Hillary Rodham Clinton ended the first half of the year with more than $30 million each for the presidential primaries, a formidable financial performance for thetwo leading Democratic White House contenders. Obama reported having about […]

Cayman Hedge Funds Care Grants Announced for 2007

West Palm Beach (HedgeCo.Net)- Hedge Funds Care announced  today that they have selected the 2007 Hedge Funds Care grant recipients. After an intensive selection process, Hedge Funds Care has distributed $145,054 to support local projects designed to treat and prevent child […]

Major Texas Pension Makes a Big Push Into Hedge Funds

Wall Street Journal- Pension funds — traditionally among the stodgiest investors around — are starting to dabble in hedge funds, real estate and other “alternative” investments once considered toodicey. Now, a major fund in Texas is about to place a […]

McCain Has Just $3.2 Million in Bank

ABC News- Despite his vaunted base of small donors, Obama is a favorite among employees of some of the nation’s largest investment banks and hedge funds. One of them, Kenneth C. Griffin, president of Chicago-based hedge fund Citadel Investment Group, […]

MGS – no ordinary hedge fund business

Gulf News- Man Global Strategies (MGS) manages over $17 billion in a range of portfolios that invest in hedge funds but, as its CEO Alex Lowe explains, this is no ordinary fund of hedge fundsbusiness. “Funds of hedge funds tend to […]

Former Wall Street Strategist Launches Small Caps Research Firm

West Palm Beach (HedgeCo.Net)- Satya D. Pradhuman, former Chief Small Cap Strategist at Merrill Lynch, has launched Cirrus Research LLC, an independent research firm specializing in the small, mid and micro cap areas. “We are offering a macro approach to […]

Is Hillary Hedging on Hedge Funds?

Town Hall- Although Hillary Clinton claims to adamantly support tax “fairness,” she can’t make up her mind about whether Wall Street barons should have to pay the same tax rate as the regu larworkers she loves and the corporations she […]

SEC’s new rules assert control over hedge funds

Boston Globe- The Securities and Exchange Commission adopted new rules ensuring it can sue hedge funds for misleading investors, following a court ruling that put in doubt the regulator’s authority over the $1.6 trillion industry. The SEC barred hedge funds […]