Category Archives: HedgeCo News
Former BlackRock, Macquarie Heads To Launch Asia Hedge Fund
New York (HedgeCo.Net) – The former head of BlackRock’s Scientific Active Equity department in Hong Kong announced plans to start hedge fund Zentific Investment Management, a Pan Asia Market Neutral fund with capital from institutional clients, founding partners and his own HS Sponsor […]
December Hedge Fund Forward Redemptions Showing a 12 Month-high
New York (HedgeCo.Net) – SS&C GlobeOp announced that its Forward Redemption Indicator for December 2014 shows notifications of 5.87%. This figure is up from 5.05% in the previous month. SS&C GlobeOp’s data on the GlobeOp platform represents approximately 10% of […]
Governor Cuomo Vetoes New Bill Expanding Pension Allotment To Hedge Funds
New York (HedgeCo.Net) – Andrew Cuomo, the Governor who banned fracking in NY state, de-criminalized the use of medical marijuana and signed same-sex marriage legislation into law, yesterday vetoed a bill that aimed to raise the amount of assets New […]
Building Hedge Fund Websites After The JOBS Act, Twitter, LinkedIn
New York (HedgeCo.Net) – Monthly hedge fund mentions on Twitter recently reached a high of 80,000 Tweets, and have not fallen below 40,000 in the last two years, Thomas Walek, President of Peppercomm said of the $3 trillion hedge fund industry […]
White: SEC To Focus On Asset Management Risks In 2015
New York (HedgeCo.Net) – SEC Chair Mary Jo White announced in a speech at The New York Times DealBook Opportunities for Tomorrow Conference, that she has chosen to focus on the regulation of funds and their advisers. “We are now embarking on […]
Man Group Acquires Silvermine Capital Management For $45 Million
New York (HedgeCo.Net) – Hedge fund giant Man Group plc announced plans to integrate $3.8 billion Connecticut-based leveraged loan manager, Silvermine Capital Management LLC, into Man GLG during the first quarter of 2015. Man will pay $23.5 million in cash upfront, […]
TrimTabs and BarclayHedge Report Hedge Funds Get $250 Million in October
New York (HedgeCo.Net) – BarclayHedge and TrimTabs Investment Research reported today that the hedge fund industry took in $250 million (0.01% of assets) in October, recovering from outflows of $6.8 billion (0.2% of assets) in September. “Hedge fund inflows have […]
US-Based Hedge Fund Cerberus Buys Risky UK Debt
New York (HedgeCo.Net) – Global hedge fund investor Cerberus has bought £2.3 billion ($3.6 billion) of risky UK commercial real estate loans, the New York Times reports. The Royal Bank of Scotland Group (RBS) has sold a portfolio of Irish […]
Hedge Funds Gain $117 Billion In 2014
New York (HedgeCo.Net) – Hedge funds are up 4.62% year-to-date, and based on preliminary returns reported by funds with daily liquidity, Eurekahedge expects the index to be broadly flat in December and finish in the 4% to 5% range for […]
Hedge Fund Managers Among The Largest Philanthropic Donors Of 2014
New York (HedgeCo.Net) – With the season of giving upon us, Wealth-X today released a list of the 10 biggest single charitable donations of 2014. Billionaire investor Warren Buffet made the largest donation of 2014, giving US$2.1 billion to the […]
New York Lawyer Charged With Conducting Ponzi Scheme After Being Rescued From Hudson River
New York (HedgeCo.Net) – The Securities and Exchange Commission has charged a Manhattan-based attorney with conducting a Ponzi scheme that defrauded some of his legal clients as well as close family members and friends. The SEC alleges that Charles A. […]
Buffalo Hedge Fund Managers Agrees to Settle Charges
New York (HedgeCo.Net) – The Securities and Exchange Commission has filed fraud charges against a Buffalo, N.Y.-based investment advisory firm and two co-owners accused of making false and misleading statements to clients when recommending investments in a risky hedge fund. […]