Category Archives: HedgeCo News
Private Equity Continues To Provide Superior Returns Over The Long-Term
New York (HedgeCo.Net) – Private equity returns significantly outperformed the S&P 500 over the long term, according to the most recent Performance Update from the Private Equity Growth Capital Council (PEGCC). As of December 31, 2013, returns from private equity […]
Morgan Stanley Fined $275 Million For Inappropriate RMBS Offerings
New York (HedgeCo.Net) – Three Morgan Stanley entities have been charged by the SEC for misleading investors in a pair of residential mortgage-backed securities (RMBS) securitizations that the firms underwrote, sponsored, and issued. Morgan Stanley agreed to settle the charges […]
Multi-Strategy Funds Win Big At The Hedge Funds Review Americas Awards 2014
New York (HedgeCo.Net) – Hedge Funds Review and partner BarclayHedge have announced the winners of this years “Hedge Funds Review Americas Awards 2014.” Multi-strategy hedge funds were the big winners at the Hedge Funds Review Americas Awards, with Whitebox Advisors named ‘Best […]
Convergence Opens Hedge Fund To Qualified Investors
New York (HedgeCo.Net) – California-based hedge fund manager, Convergence Capital Management Group LLC., is opening its absolute return diversified multi-strategy fund, Convergence Capital Partners Fund I LP. to qualified investors. The Fund was launched in May 2013 and has since returned 20.8% gross in fees. Richard […]
Report: Hedge Fund Forum on Diversity
New York (HedgeCo.Net) – Bank of America Merrill Lynch, in partnership with GCM Grosvenor and Sponsors for Educational Opportunity (SEO), recently collaborated with investors representing over $300 billion in assets to host a Hedge Fund Forum on Diversity. The Forum, […]
Hedge Fund People: Samuel Farahnak As A Black Diamond Director
New York (HedgeCo.Net) – $8 billion hedge fund firm Black Diamond Capital Management, has appointed Samuel Farahnak as a Director in its Private Equity business. Mr. Farahnak will focus on identifying and evaluating controlling equity investments and M&A opportunities. “Sam’s […]
Hedge Fund Omni Partners Obtains Licence Under AIFMD
New York (HedgeCo.Net) – Steve Clark’s hedge fund, Omni Partners LLP, has been authorised by the Financial Conduct Authority (“FCA”) for a licence under the Alternative Investment Fund Managers Directive (“AIFMD”). “It is Omni’s aim to be at the spearhead of […]
Senate: Hedge Funds Used “Basket Options” To Dodge Taxes
New York (HedgeCo.Net) – Over a dozen hedge funds are accused of misusing a complex financial structure to claim billions of dollars in unjustified tax savings and to avoid leverage limits that protect the financial system from risky debt, a Senate […]
Hedge Funds Not Ready For AIFMD, Research Says
New York (HedgeCo.Net) – New research by BNY Mellon highlights a compliance shortfall among alternative investment funds (AIFs) on the eve of the deadline for Alternative Investment Fund Managers Directive (AIFMD) authorisation. While 82 per cent of managers canvassed confirmed […]
HedgeCoVest “The Hedge Fund Alternative Investment Platform” Adds Another Industry Leader
New York (HedgeCo.Net) – HedgeCo Networks, LLC, a preeminent service provider to the hedge fund industry and operator of the world’s most trafficked data base for hedge fund information (Hedgeco.Net) is pleased to announce that Pershing Advisor Solutions has been selected as […]
Study: The Majority of Hedge Funds Are Unprepared For AIFMD
New York (HedgeCo.Net) – With around one week to go before the deadline for authorisation, some 47 percent of alternative investment fund managers participating in a snapshot global survey have still not filed under the Alternative Investment Fund Management Directive […]