Author Archives: the HedgeCo News Team
SEC Short-Sale Probe Turns to Gryphon Fund – TheStreet.com
It’s been a rough year on the regulatory front for the Dallas hedge fund Gryphon Partners. In April, Jonathan Daws, a former Gryphon portfolio manager, pleaded guilty in federal court to a conspiracy charge arising from a scheme involving confidential […]
Hedge fund deadline fast approaching – CNN
NEW YORK (CNN/Money) – The deadline for hedge fund registration in the United States isn’t officially until early next year, but managers may have less time than theythink they do to deliver the paperwork. That’s because the Securities and Exchange […]
PAAMCO says checks can reveal hedge fund problems – Reuters.uk
LONDON (Reuters) – Fraud allegations against U.S.-based Bayou and Wood River have scared some investors away from hedge funds, but Pacific Alternative Asset Management Company (PAAMCO) saysbackground and operational checks should highlight any problems. “Conflict of interest is a main […]
Convergent Management Ltd. Unveils New Private Equity Fund
WEST PALM BEACH, FL (www.hedgeco.net) – Convergent Management, Ltd. has launched its first private equity fund, the Convergent Private Equity Fund I, Ltd. The Fund’s primary investment objective is to identify and invest in companies that Convergent Management, Ltd., the […]
MFA Submits Comments to U.K. Financial Services Authority
WASHINGTON, D.C., November 3, 2005 — Managed Funds Association (MFA) submitted a comment letter to the U.K. Financial Services Authority (FSA) in response to its request for comments on Discussion Paper 05/4: “Hedge Funds: A discussion of risk and regulatory […]
Copell Financial: October Review
Judging from the last two days of trading in October, the US equity market has returned to solid footing. According to Bloomberg news, as Monday was drawing to a close the headline read: the biggest two day rally in almost […]
Hedge Fund Self-Regulation May Bring Redemption – Bloomberg
Nov. 2 (Bloomberg) — It has been a terrible few weeks for hedge funds. In London, GLG Partners LP, one of the biggest companies in the industry, is under investigation. In New York, Refco Inc., one of the main brokers, […]
KGR Capital UK-listed fund of Asian hedge funds
KGR Capital is pleased to announce the proposed launch, in November, of KGR Absolute Return PCC Limited, a Guernsey incorporated, London-listed, closed-end investment company. Dresdner Kleinwort Wasserstein is acting as Sponsor to the launch and Kleinwort Benson (Channel Islands) Fund […]
Hedge Funds: The House of Izzy Englander
Fortune – Izzy Englander built one of the most successful hedge funds around. But will his investors stick with him once they realize that the next big hedge fund scandal may be brewing right under their noses? By Marcia Vickers […]
M.D. Sass Launches Asian Equity Investment Management Company
NEW YORK – M.D. Sass, a prominent NY-based investment management firm, has launched Denahi Global Investments, LLC (Denahi), a new San Francisco-based investment management company. Denahi will seekto achieve superior, risk-adjusted returns through investments focused primarily on Asian equities. Both […]
Cayman Chapter of Hedge Funds Care joins international youth charity
In 1988 the hedge fund industry professionals first established Hedge Funds Care, a charitable organisation focused on assisting young victims of abuse. Since that time, chapters have opened in New York, San Francisco, Dallas, Chicago, Atlanta, Toronto and as of […]
Stocks Finish Higher
Stocks moved higher on Monday amid some merger news, positive economic reports, and month-end portfolio adjusting. However, gains were tempered ahead of Tuesday’s Federal Reserve meeting on interest rate policy. The Dow Jones industrial average rose 37.3 points, or 0.36%, […]