Category Archives: HedgeCo News
N.J.-Based Brokerage Firm Charged With Manipulative Trading
New York (HedgeCo.Net) – The SEC has charged the owner of a Holmdel, N.J.-based brokerage firm with manipulative trading of publicly traded stocks through an illegal practice known as “layering” or “spoofing.” The SEC also charged the owner and others for […]
SEC Announces Additional $150,000 Payment to Recipient of First Whistleblower Award
The Securities and Exchange Commission today announced that the whistleblower who received the first award under the agency’s new whistleblower program will receive an additional $150,000 payout after the SEC collected additional funds in the case. The whistleblower, who the […]
CrowdAlliance Launches New Equity Technology Platform To Connect Companies and Accredited Investors
New York (HedgeCo.Net) – CrowdAlliance, part of the Asset Alliance group of companies, designed and developed a state-of-the-art technology platform for issuers and accredited investors to meet in a unique online interactive marketplace. The CrowdAlliance platform will enable accredited investors […]
Hedge Fund Merger: Investcorp and Eyck Capital Management
New York (HedgeCo.Net) – Investcorp’s US based hedge fund business is teaming up with UK manager Eyck Capital Management LLP to offer its investors’ access to a specialized event-driven and distressed credit strategy spanning the European opportunity set. The London-based investment […]
Liquid alternatives growing at faster rate than hedge funds, says Barclays study
The liquid alternatives industry is growing at a faster rate than traditional hedge funds as investor interest in these regulated structures shows no sign of abating, according to a study by Barclays Prime Services. The liquid alternatives space grew by […]
New York Hedgie Convicted Of Theft
New York (HedgeCo.Net) – Hedge fund founder and adviser Fredrick Douglas Scott, one of Ebony magazine’s “Top 30 under 30,” was sentenced to more than five years in prison for stealing over $1 million from investors. He pleaded guilty to engaging in a wire […]
Two Men Caught Trading on Confidential Information Gained Through Eavesdropping
New York (HedgeCo.Net) – A man is being charged with violating a duty of trust by trading during a blackout window after he overheard work calls made by his wife. “Spouses and other family members may gain access to highly […]
World’s Biggest Hedge Funds Reach Record Highs
New York (HedgeCo.Net) – Absolute Return just went live with its latest Billion Dollar Club rankings and US hedge funds are now managing their all-time peak assets, with growth at levels not seen since before the financial crisis. Assets grew […]
Brokerage Firm Scores Knockout With Boxing Charity Event
New York (HedgeCo.Net) – Brokerage firm partners at Hennion & Walsh, held a successful Silk City Charity Boxing Event this month in New Jersey. “Giving back to the surrounding communities is a cornerstone of our corporate culture,” said Rich Hennion . “Organizing this […]
Decosimo Principal Chairs National Hedge Fund Due Diligence Forum
New York (HedgeCo.Net) – Decosimo, a Top 100 accounting and business advisory firm, is the lead sponsor for the Hedge Fund Due Diligence Master Class hosted by the Financial Research Associates (FRA) March 25-26 at New York City’s Princeton Club. […]
Hedge Fund Founder Carl Icahn Blasts ‘Liar Gate’ In eBay Tirade
New York (HedgeCo.Net) – Activist investor and hedge fund founder has released the following article: A Watershed Moment for Stockholder Participation. “For many years I have been a proponent of active participation by stockholders in public companies. Stockholders are like […]
US Justice Department Convicts Hedge Fund CEO Of $500 Million Fraud
New York (HedgeCo.Net) – The CEO of the now-bankrupt hedge fund Sentinel Management Group, Inc., was convicted today of defrauding more than 70 customers of over $500 million before the firm collapsed in August 2007. “The defendant, Eric Bloom, misappropriated […]