Category Archives: HedgeCo News
SEC Doles Out Record WhistleBlower Award
New York (HedgeCo.Net) – The SEC has awarded over $400,000 to an un-named whistleblower who reported a fraud to the SEC after the company failed to address the issue internally. “The whistleblower did everything feasible to correct the issue internally. […]
The Hedge Fund Manager On The FBI’s Most Wanted List
New York (HedgeCo.Net) – Florian Wilhelm Jürgen Homm, a German hedge fund manager who was on the run for more than five years, is wanted by the FBI for his alleged involvement in a market manipulation scheme designed to artificially […]
Hedge Fund Launch: The Rothschild Larch Lane Alternatives Fund
New York (HedgeCo.Net) – Rothschild Larch Lane Management Company is launching a liquid, open end alternatives mutual fund, using a multi-manager structure, offering diversification across a variety of asset classes, time frames, investment styles and strategies. Larch Lane is a pioneer […]
Botox Company Sues Hedge Fund Founder Ackman For Insider Trading
New York (HedgeCo.Net) – Bill Ackman, hedge fund founder and activist investor, has responded to the lawsuit filed on the 1st of August by Botox-producer Allgeran: “This is a shameless attempt by Allergan to delay the shareholders’ fundamental right to […]
Blackstone Backs Black Rhino to Invest in African Infrastructure and Power Development
New York (HedgeCo.Net) – Global asset management firm Blackstone (BX) today announced that it has partnered with Black Rhino, an African infrastructure development company, to identify, develop, finance, construct and operate large-scale infrastructure projects across Sub-Saharan Africa with a focus […]
UK Banks Propose Holding Individuals Accountable For Failure
New York (HedgeCo.Net) – The behaviour and culture within banks played a major role in the 2008-09 financial crisis and in conduct scandals such as Payment Protection Insurance (PPI) mis-selling and the attempted manipulation of LIBOR, the Bank of England said when […]
Harbinger’s Former CEO Fined For Assisting Hedge Fund Scheme
New York (Hedgeco.Net) – The former chief operating officer at Capital Partners LLC has agreed to settle charges that he assisted a scheme by the firm and its owner Philip A. Falcone to misappropriate millions of dollars from a hedge […]
UCITS Hedge Fund Reach Record Highs
New York (HedgeCo.Net) – The first half of 2014 saw a new milestone reached in the alternative UCITS sector with assets under management growing by 15.6% to EU 184.2 billion, demonstrating continued demand for alternative strategies, according to the Alceda […]
Irish Firm Launches US Hedge Fund AIFM Services
New York (HedgeCo.Net) – Capita Financial Managers Limited announced it has been granted an alternative investment fund manager (AIFM) licence by the Central Bank of Ireland. “AIFMD requires fund managers to comply with a new and extensive set of regulations […]
Hedge Fund Investor Ramius Joins Up With State Street For Managed Futures Fund
New York (HedgeCo.Net) – $10.6 billion hedge fund investment platform and the global investment arm of Cowen Group, Inc., Ramius LLC., is seeking regulatory and shareholder approval to hire State Street Global Advisors, the asset management unit of State Street […]
Hedge Fund Prosecution Specialist Marc Berger Joins NY Law Firm
New York (HedgeCo.Net) – The former Chief of the Securities and Commodities Fraud Task Force and prosecutor who supervised the investigation and prosecution of multiple high-profile matters, including the prosecution of billionaire hedge fund manager of the Galleon Group, Raj Rajaratnam, has joined […]
SS&C GlobeOp Forward Redemption Indicator Down In July
New York (HedgeCo.Net) – The SS&C GlobeOp Forward Redemption Indicator for July 2014 measured 3.15%, down from 4.80% in June. SS&C GlobeOp’s data on the GlobeOp platform represents approximately 10% of the hedge fund industry. “July’s forward redemptions decreased by over 1%, but […]