Category Archives: HedgeCo News
Hedge Fund Research: Endowments and Foundations In 2014
New York (HedgeCo.Net) – The inaugural NEPC poll found that 40% of respondents were planning to raise their allocations to hedge funds and real assets in 2014. NEPC, which is a consulting firm to endowments and foundations, said: “Generally speaking, we found that senior investment […]
California Hedge Fund Invests $50 Million In Snapchat
New York (HedgeCo.Net) – California-based hedge fund Coatue Management has invested $50 million in Snapchat, the photo messaging application developed by Stanford University students Evan Spiegel and Robert Murphy. The hedge fund is run by brothers Phillipe and Thomas Laffont, who recently released incorporation documents suggesting Snapchat may […]
Hedge Fund People: Blackstone Appoints Paul Quinlan As CFO Of Mortgage Division
New York (HedgeCo.Net) – Paul D. Quinlan, a former director at Merrill Lynch and managing director in the finance division of hedge fund investment giant Blackstone Group, has been appointed Chief Financial Officer of the Blackstone Mortgage Trust, Inc. “We […]
BNY Mellon To Help Hedge Funds Master New Regulations
New York (HedgeCo.Net) – In order to help hedge fund managers cope with the new regulations laid out by the Alternative Investment Fund Manager’s Directive (AIFMD), BNY Mellon has launched a service that helps fund managers identify, aggregate and manage […]
Texas Oil Investment Firm’s Assets Frozen
New York (HedgeCo.Net) – The SEC has frozen the assets and announced charges against the perpetrators of a Texas-based Ponzi scheme involving purported investments in oil and gas projects. “Robert A. Helms and Janniece S. Kaelin misled investors about their […]
Coming Soon: “Reality” Hedge Fund TV
New York (HedgeCo.Net) – A hedge fund group is introducing a six part “reality” TV show called Hedge Fund Lions’ Den (HFLD). The show will feature three “lions” or heads of the current hedge fund industry, Luke Ellis, the president of of […]
Industry Record: Hedge Fund Assets Reach $1.97 Trillion
New York (HedgeCo.Net) – All hedge fund strategies, excluding relative value, were in the positive in November, Eurekahedge reports today. Fixed income fund managers lead the pack with returns of 7.28% during the month. The handful of fixed income funds […]
AIMA announces new Chair and Deputy Chair of Investor Steering Committee
New York (HedgeCo.Net) – The global hedge fund association(AIMA) has announced a new Chair and Deputy Chair of the AIMA Investor Steering Committee (ISC), which features leading institutional investors in hedge funds from around the world and undertakes educational initiatives. […]
SEC Charges Miami-Based Trader With Insider Trading and Short Selling Violations
New York (HedgeCo.Net) – A Miami-based trader has been caught red handed with insider trading information in a large Chinese company. Charles Raymond Langston III was also caught conducting illegal short sales in the securities of three other companies. “Langston agreed to […]
Fifth Third Bancorp Charged With Improper Accounting During Financial Crisis
New York (HedgeCo.Net) – The SEC has charged the holding company of Cincinnati-based Fifth Third Bank and its former chief financial officer with improper accounting of commercial real estate loans in the midst of the financial crisis. Fifth Third agreed […]
Hedge Fund Investing: The SEC Roundtable On Proxy Advisors
New York (HedgeCo.Net) – The SEC over the weekend announced the agenda and panelists for its December 5 staff roundtable on the use of proxy advisory firm services by institutional investors and hedge fund investment advisers. The roundtable panelists are: […]