Author Archives: the HedgeCo News Team

Business Wire — Gravitas Technology, Inc., a leading IT services firm specializing in the alternative investment community (hedge funds & private equity funds), today announced the signing of IT services for Amber Capital, the investment advisory company responsible for managing […]

Sears Holdings Corp. has bid $834.5-million to take Sears Canada Inc. private, a move some analysts say positions it to eventually scoop up rival Hudson’s Bay Co. and merge the two department store companies. Sears Holdings, controlled by U.S. hedge […]

Hedge funds and other alternative investments are an important tool for wealthy investors provided there is sufficient due diligence over the money managers, chief investment officer Leo Grohowski ofUnited States Trust Corp. said on Monday. Some of the biggest U.S. […]

Rocky Mountain News – Denver money manager Patrick Adams is bailing from the mutual fund business, concentrating on the fast-growing hedge fund sector. Adams, who started Choice Investment Management in 1999, said he shuttered his Choice Focus fund and is […]

InteDelta, the risk management and financial consultancy, has launched “Risk Health Check for Hedge Funds”. Michael Bryant, Managing Director of InteDelta, said “Risk controls within hedge funds are coming under the increased scrutiny of both investors and regulators. Yet many […]

Houston Chronicle – High-flying investors are pouring tens of billions of dollars into hedge funds in the expectation of large returns, but financial experts worry that, in the event of a market-rattling surprise, these funds could spread havoc through financial […]

With gold topping $500 per ounce, a number of hedge funds are increasing their bets that the rise in gold prices will continue, according to Reuters. The reason for their optimism on the metal is based largely on fundamental changes […]

With gold topping $500 per ounce, a number of hedge funds are increasing their bets that the rise in gold prices will continue, according to Reuters. The reason for their optimism on the metal is based largely on fundamental changes […]

Dallas Mavericks owner Mark Cuban has decided not to open a hedge fund that bets on sporting events after all. “Some other people took the idea and ran with,” he said in an e-mail. “That was fine by me because […]

Reclusive billionaire Izzy Englander agreed to fork out $30 million of his own fortune yesterday as part of a monster settlement of fraud charges against his Wall Street hedge fund. Englander, 57, who shuns public events and avoids being photographed, […]

ZURICH (Reuters) – The world’s super-rich will soon become marginal financiers in the hedge fund industry as the business they invented is increasingly dominated by large institutional investors, fund managers say. Billionaires and other individuals rich enough to spend most […]