Category Archives: HedgeCo News
Brevan Howard Passes Management of Hedge Funds To DW Partners
New York (HedgeCo.Net) – Two hedge funds previously managed by Brevan Howard Capital Management, which total more than $5 billion in assets, are now being managed by New York credit-focused multi-strategy asset manager, DW Partners. “This is an exciting day […]
Biotech Hedge Fund Founder Shot In New York
New York (HedgeCo.Net) – The founder and managing member of Wainscott Capital Partners was discovered shot to death in his New York apartment over the weekend, police said. The NYPD said that the victim, Thomas Gilbert Sr, was allegedly shot in the […]
179 New Hedge Funds Launched At End OF Year
New York (HedgeCo.Net) – 179 new hedge funds launched in 3Q 2014, an increase from Q2 of 11% hedge fund research shows. North America-based hedge fund managers represented a significant rise in the proportion of total hedge fund launches in the last quarter, […]
$40 Million Goes To Hedge Fund In Credit Suisse Case
New York (HedgeCo.Net) – Dallas hedge fund Highland Capital Management has won a $40 million payout from Credit Suisse, the Wall Street Journal reports, after proving that Credit Suisse AG duped the hedge fund into refinancing a shaky real-estate development. “They were […]
Hedge Fund Manager Buys Arizona Coyotes
New York (HedgeCo.Net) – Hedge fund manager Andrew Barroway has bought a 51% stake in the Arizona Coyotes NHL hockey team. Making him the majority owner of the team. Approved by the NHL Board of Governors on December 31, 2014, […]
Hedge Fund People: New York REIT Appoints Michael Happel as CEO
New York (HedgeCo.Net) – New York REIT, Inc., a publicly traded real estate investment trust, announced that its Board of Directors has appointed Michael Happel, the Company’s President, to the role of Chief Executive Officer. Happel, formerly of multi-billion dollar […]
Hedge Fund Benchmarks Lowest Since 2012
New York (HedgeCo.Net) – Preqin’s Q3 2014 hedge fund performance benchmarks reveal that hedge funds are in the red for the quarter, the first negative quarter for the All Regions and Strategies Hedge Funds benchmark since Q2 2012, when concerns surrounding […]
MIT Dean and Son Plead Guilty in Hedge Fund Scam
New York (HedgeCo.Net) – Two Boston-area hedge fund managers pleaded guilty to conspiring to mislead investors into investing more than $500 million in their fraudulent hedge fund business. Gabriel Bitran, 69, of Newton, a former professor and associate dean of […]
Investcorp Hedge Funds Group Boosts its Manager Research Team
New York (HedgeCo.Net) – Investcorp, a leading provider and manager of alternative investment products with more than $11 billion in assets under management, announced today that Gregory LaFiura has joined the firm’s Hedge Funds business as a Principal in the […]
Investors Creep Back into Hedge Funds
New York (HedgeCo.net) – Investor interest in hedge funds came back in November, with industry AUM increasing to $3.070 billion last month, according to eVestment’s just-released November 2014 Hedge Fund Asset Flows report. Some highlights from this month’s report include: 1) […]
Hedge Fund AUM Up To $3.070 Trillion
New York (HedgeCo.Net) – A two-month decline in hedge fund performance came to an end in November as the hedge fund industry saw positive results last month, according to the November 2014 eVestment Hedge Fund Performance Report. Some key points […]
F-Squared Settles ETF Case by Paying $35 Million
New York (HedgeCo.Net) – Investment management firm F-Squared Investments has agreed to pay $35 million and admit wrongdoing to settle charges that it defrauded investors through false performance advertising about its flagship product. The SEC separately charged the firm’s co-founder […]