Author Archives: the HedgeCo News Team

Newark Star Ledger – When he isn’t dealing with distressed assets, Timothy Wheeler rocks. A bankruptcy lawyer with Lowenstein Sandler in Roseland, Wheeler is the lead singer for the Subscribers, a rock group comprised mostly of professionals in the hedge-fund […]

MarketWatch – French regulators are investigating trades in a portfolio managed by a founding partner at hedge-fund company GLG Partners LP, according to a media report Tuesday. The investigation is as part of a broader probe into whether several large […]

MSNBC – The Securities and Exchange Commission is investigating allegations by two companies that an independent research firm conspired with hedge funds to drive down their stock prices. The chief US regulator has launched an informal probe into claims by […]

Globe and Mail – Gradient Analytics Inc. has built a lucrative business offering independent research to investors, but its reputation is now being hammered by lawsuits that allege it is little more than a rewrite shop for hedge funds. Gradient, […]

Bloomberg  – KT&G Corp. rejected a bid from U.S. investors Carl Icahn and Warren Lichtenstein that valued the tobacco maker at $10 billion, raising the prospect of the nation’s biggest hostile takeover battle. The board decided the offer wasn’t “in […]

Christian Science Monitor – As a shareholder representative who believes in good pay for bottom-rung workers, Ruth Rosenbaum occasionally reminds corporate executives across the table from her that she has a doctorate in economics. In other words, she knows something […]

ABC News – For more than a decade, Tom Berquist enjoyed life as a software analyst at Goldman Sachs and then Citigroup, delving into the latest technology and rubbing elbows with the executives ofnew, fast-growing firms. But next month Berquist […]

Monsters and Critics.com – A New York lawsuit is seeking $237,582 from actor John Cusack because he was allegedly overpaid for his investment in Lipper Convertibles. A separate lawsuit dealing with the same case was also filed against former Sony […]

International Herald Tribune – European hedge- fund managers are starting more funds and raising more money than ever before, getting past the troubles of early 2005, according to EuroHedge magazine. European fund managers started a record 330 new funds in […]

Independent – London-based hedge fund managers are facing a regulatory clampdown from both British and American watchdogs. The Financial Services Authority will next month detail where it is going on regulating hedge funds and their managers, after a six-month consultation […]

Canada’s securities regulators have decided not to introduce specific regulations governing hedge funds. “We have a full group of rules that apply to all those sorts of vehicles,” David Wilson, chairman of the Ontario Securities Commission, told reporters yesterday. “So […]

NDTV.com – The Arcelor management knows time is running as Arcelor CEO Guy Dolle faces his shareholders on Tuesday. The shareholders make up for 86 per cent of Arcelor’s stake and will be a crucial link to decide whether Mittal […]