Category Archives: HedgeCo News
Analyst From NY Hedge Fund Runs 77 Miles On Treadmill
New York (HedgeCo.Net) – A Managing Director at Cliffwater in New York and hedge fund analyst Chris Solarz has won his 6th entry into the Guinness World Records, CNBC reports. “I’ve been running for 23 years now. I starting when I […]
Oppenheimer Fund Manager Agrees to Settle Fraud Charges
New York (HedgeCo.Net) – Former Oppenheimer & Co. portfolio manager has agreed to be barred from the securities industry and pay a $100,000 penalty for making misrepresentations about the valuation of a fund consisting of other private equity funds. Last year, […]
Michael Zimmerman’s Hedge Fund Anticipates 2014 Mobile Shopping Revolution
New York (HedgeCo.Net) – Michael Zimmerman of hedge fund Prentice Capital Management LP believes mobile shopping will change the way we shop, an evolution that is already happening. Online sales on Christmas Day were up 16.5 percent over last year while […]
Credit Suisse Paper Explores Noteworthy Hedge Fund Trends For 2014
New York (HedgeCo.Net) – Credit Suisse Asset Management today released the 2013 Liquid Alternative Beta Performance Review. The paper examines key factors that drove liquid alternative strategy performance in 2013 and explores some of the noteworthy trends that could continue […]
Iceland Prime Minister Not Interested In Hedge Fund Losses
New York (HedgeCo.Net) – The government in Iceland is still refusing to speak to the hedge funds and other creditors that are trying to get their claims paid out. Bloomberg reports. Kaupthing Bank, Glitnir Bank and Landsbanki Islands defaulted on […]
V2 Capital Announces $200 Million Investment in Hedge Fund
Jan 22, New York (HedgeCo.Net) – V2 Capital, an SEC-registered investment advisor, received a $200 million dollar allocation from a Fortune 500 insurance company to the V2 Hedged Equity Strategy, the firm announced today. The investment was allocated during the […]
Top Hedge Fund Strategy for 2013: Distressed Debt, up 17.95%
New York (HedgeCo.Net) – Total assets in the hedge fund industry increased by almost 13% during the year to breach the $2.0 trillion mark, Eurekahedge reports today. The total AUM of the industry currently stands at $2.0 trillion. Hedge funds […]
Global Hedge Fund Giant Sells UK’s TDX
New York (HedgeCo.Net) – The $10.5 billion global hedge fund investor, Investcorp, is selling the UK’s largest debt placement services and debt management platform company, TDX, to Equifax Inc., a global information solutions provider, for £200 million ($327 million). Through its technology […]
30% Of Institutional Investors Plan To Increase Hedge Fund Allocations
New York (HedgeCo.Net) – Major global institutional investors say they plan to increase their allocations to alternative investments, with a bias towards real estate and real assets, during 2014, according to a global survey of institutions conducted by BlackRock. “Within […]
Hedge Fund Compensation Up 16% In 2013, Bonuses Up 30%
New York (HedgeCo.Net) – Hedgies received increases in both base salary and year-end bonuses according to Benchmark Compensation’s 2014 Hedge Fund Compensation Report. The average cash compensation was up again in 2013 and came in at $330,000. Base salary played a […]
Hedge Fund Regulation: Banks Get CDO Exception To Volcker Rule
New York (HedgeCo.Net) – The SEC and other federal regulars yesterday approved a rule allowing banking entities to hold on to certain CDOs. Reuters reports that this would be the first “tweak” to the new legislation known as the “Volcker rule,” […]
Viking Raid: Swashbuckling Shipping Adventures and… Hedge Funds?
New York (HedgeCo.Net) – Marine Money International has released “Viking Raid” Written by Robert Fairchild. The book is a Sequel to “The Shipping Man” by Matthew McCleery, President of Marine Money International and Managing Director of Blue Sea Capital. Both […]