Category Archives: HedgeCo News
Hedge Fund Research: Private Equity Activity Hits 5-Year High
New York (HedgeCo.Net) – Private equity investments and fundraising last quarter reached their highest first quarter levels since 2008, according to the Private Equity Growth Capital Council’s quarterly Trends Report. Continuing a seasonal trend for first quarter activity, private equity […]
Former Boardmembers Charged With Insider Trading Ahead Of Sale To The Carlyle Group
New York (HedgeCo.Net) – The SEC has charged a former director of a Long Island-based company and others in his family circle with insider trading ahead of the company’s sale to a private equity firm. The SEC alleges that board […]
Connecticut-Based Hedge Fund Managers Plead Guilty To Fraud
New York (HedgeCo.Net) – Three former executives of hedge fund New Stream Capital pleaded guilty in U.S. District Court in New Haven to a federal conspiracy charges, according to the U.S. attorney for Connecticut. David Bryson, Bart Kutekunst, and Richard Pereira were accused […]
SEC Charges Sarasota-Based Private Fund Manager With Fraud
New York (HedgeCo.Net) – The Securities and Exchange Commission today charged a Sarasota, Fla.-based private fund manager with defrauding investors in a Ponzi scheme that ensued after he squandered their money on bad investments and personal expenses. The SEC alleges […]
Liquid Alternative market grows with launch of new funds from 361 Capital
New York (Hedgeco.Net) – Liquid alternatives have seen strong industry growth, outpacing traditional hedge funds, according to “Going Mainstream: Developments and Opportunities for Hedge Fund Managers in the ’40 Act Space,” an April 2014 study by Barclays Prime Services. The […]
Eric Holder: Credit Suisse Pleads Guilty in Felony Tax Case
New York (Hedgeco.Net) – Attorney General Eric Holder yesterday announced that the Department of Justice filed a criminal information against one of the largest wealth managers in the world. Credit Suisse AG, “has agreed to plead guilty to criminal charges […]
Hedge Funds Total Assets At $2.09 Trillion
New York (HedgeCo.Net) – In the May issue, The Eurekahedge Report found that hedge funds were up 0.78% year-to-date, with total assets of the global hedge fund industry at a new high of $2.09 trillion, with net asset inflows for […]
Michael Steinberg Gets 3 1/2 Years For Hedge Fund Insider Trading
New York (HedgeCo.Net) – A portfolio manager at Steven A. Cohen’s hedge fund, SAC Capital Advisors, has been sentenced to three and a half years in prison for his alleged involvement in an insider trading scheme, TIME magazine reports. “Michael […]
Hedge Fund People: Kira Bazile Joins North Street Global
New York (HedgeCo.Net) – Former BTIG director and 17 year hedge fund industry veteran Kira Bazile has joined NY financial firm North Street Global. In her new role, she will head business development for the firm’s fund administration platform, capital […]
SEC Warns Investors About Marijuana-Related Investments
The SEC cautioned investors about the potential for fraud in microcap companies that claim their operations relate to the marijuana industry after the agency suspended trading in the fifth such company within the past two months. The SEC issued an […]
13F Filings – What Are Hedge Funds Buying in 2014?
New York (HedgeCo.Net) – The SEC yesterday (5/15) posted free access to more than 20 million 2014 hedge fund and institutional investor filings. You can search for and retrieve Form 13F filings using the SEC’s EDGAR database. To find the […]