Category Archives: HedgeCo News
Hedge Fund People: Jennifer Drake Joins Brevan Howard Spinn Off
New York (Hedgeco.Net) – Jennifer Drake, a former Managing Director Goldman Sachs, has joined DW Investment Management. The $5bn company is the investment manager of the Brevan Howard Credit Value and the Brevan Howard Credit Catalysts Master Fund. DWIM was founded by […]
Galleon: Hedge Fund Billionaire’s Conviction Upheld
New York (HedgeCo.Net) – Billionaire and convicted hedge fund founder Raj Rajaratnam requested a review of his May 2011 conviction. Yesterday a federal appeals court refused to disturb the insider trading conviction, the Chicago Business Tribune reports. The Sri Lankan-born American who […]
Activist Hedge Funds Fight For Media Company Management
New York (HedgeCo.Net) – Minnesota-based entertainment company ValueVision Media has rejected proposals by $1.5 billion activist hedge fund Clinton Group to hold a shareholder meeting in order to elect a new CEO and board of directors. The Clinton Group then joined […]
Emerging Market Hedge Funds Up In October
New York (HedgeCo.Net) – The latest HFR Emerging Markets Hedge Fund Industry Report announced over the weekend that Emerging Markets hedge funds extended year-to-date performance gains in the third quarter. US equity and currency markets also posted a strong recovery on a […]
Hedge Fund Blackrock’s VP Wins Effecting Change Award, 100WHF Raised $1.27M
New York (HedgeCo.Net) – 100 Women in Hedge Funds has raised $1.27 million for Best Buddies International through their New York Gala and other fundraising events in 2013. Best Buddies is a global nonprofit that creates opportunities for one-to-one friendship, integrated employment […]
Mark Megalli Charged With Insider Trading, Giving His Hedge Fund $3.2M Edge
New York (HedgeCo.Net) – Another New York hedgie has gotten himself in trouble with the SEC after he used nonpublic information about a clothing company to give the hedge fund where he worked a $3.2 million trading edge. The SEC […]
Launch: Track Your Favorite Billionaire Hedge Fund Investor
New York (HedgeCo.Net) – A New York and Buenos Aires-based technical team yesterday launched an index with an app that allows users to follow hedge fund billionaires’ investment practices. “The iBillionaire Index is designed to track and measure the performance of […]
Goldman Sachs To Dump Hedge Funds To Comply With Volcker Regulations
New York (HedgeCo.Net) – In order to comply with new regulatory changes, Goldman Sachs has said that it is winding down it’s hedge fund business, CNBC reports. Lloyd Blankfein, CEO of the investment giant, indicated that clients will continue to […]
SEC Makes Deferred Prosecution Agreement With Hedge Fund Administrator
New York (HedgeCo.Net) – For the first time in SEC history the agency has deferred prosecution against a former hedge fund administrator who helped the SEC take action against a hedge fund manager who stole investor assets. The SEC agreed […]
Hedge Funds Care Has Three Events For November
New York (HedgeCo.Net) – On the top of the list showcasing the philanthropy of the hedge fund industry is Hedge Funds Care, or Help For Children, who will be holding events across the US this month. Hedge Funds Care was […]
HedgeCo Networks Continues its National Growth with Three Additions to the Corporate Management Team
New York (HedgeCo.Net) – HedgeCo Networks, and the pioneering hedge fund data base (HedgeCo.net) are continuing to experience accelerated growth and expansion in naming Anthony Minissale as Corporate Director of Operations, David Schroeder as Chief Marketing Officer, and David Cabrera […]
Hedge Fund Manager Explains How Democrats Were Right About The Economy
New York (HedgeCo.Net) – The founder of hedge fund investment firm Bridgewater Associates and one of Time magazine’s 100 most influential people in the world in 2012, has put together a video explaining economics, “How The Economic Machine Works.” ValueWalk has transcribed the […]