Category Archives: HedgeCo News
Survey: Hedge Funds Report Increase In Revenue
New York (HedgeCo.Net) – Hedge fund managers who survived the financial crisis are now beginning to focus on growing beyond their original business models, according to Ernst & Young’s seventh annual survey of the global hedge fund market, Exploring pathways to […]
JOBS Act: Surfing Hedge Fund Teams Up With “Trojan Horse” Joe Curren
New York (HedgeCo.Net) – In a move to take advantage of the SEC’s ratification of the JOBS Act, $100 million hedge fund investor Topturn Capital has aligned itself with professional Australian surfer Joe Curren. The company believes this will set a new […]
SEC Probing Goldman’s Currency Trading Activities
New York (HedgeCo.Net) – Goldman Sachs Group revealed in a regulatory filing on Thursday that it is being investigated over its currency trading activities. The SEC has begun a regulatory probe into the company, including one into its commodities trading, Goldman is cooperating […]
SEC Charges RBS Subsidiary with Misleading Investors
New York (HedgeCo.net) – RBS Securities Inc., is under fire by the SEC for misleading investors in a 2007 subprime residential mortgage-backed security (RMBS) offering. RBS agreed to settle the matter and pay more than $150 million, which the SEC […]
SAC Capital: Hedge Fund Billionaire’s Baseball Dreams Fall Through
New York (HedgeCo.Net) – N.Y. District Judge Richard Sullivan has signed off on a $900 million judgment, part of the $1.2 billion settlement reached by the SEC and hedge fund billionaire Steven Cohen. The settlement is the largest insider trading penalty […]
SEC Freezes US/New Zealand Ponzi Scheme’s Funds
New York (HedgeCo.Net) – The SEC taken action to freeze the assets of Ponzi scheme involving U.S. and New Zealand-based companies peddling sham investment opportunities ranging from a bank trading program to kidney dialysis clinics. Christopher A.T. Pedras, who has […]
Hedge Fund Service Provider Rankings 2013 Results
New York (HedgeCo.Net) – As new rules and regulations are being placed on the hedge fund industry, the role of service providers has become increasingly important, Risk.Net reports. Investors into hedge funds are also monitoring service providers as part of the […]
Nirvana Solutions Winner in HFMWeek’s Annual Hedge Fund Services Award Ceremony
New York (HedgeCo.Net) – Nirvana Solutions is proud to announce its recent recognition in HFM Week’s Annual US Hedge Fund Services Award Ceremony, as the ‘Best Technology Company for Emerging Managers.’ The ceremony recognizes and celebrates those service providers who have outperformed […]
SAC Pleads Guilty to Insider Trading and is fined $1.8 Billion
New York (HedgeCo.Net) – Preet Bharara, the United States Attorney for the Southern District of New York, announced today an agreement (the “agreement”) to resolve insider trading charges against four “SAC companies”—that are responsible for the management of a group of affiliated […]
Last Chance for Hedge Fund Managers to be included in the Hedge Fund Compensation Survey
New York (HedgeCo.Net) – The annual Hedge Fund Compensation Benchmark Survey is almost complete and data gathering closes within a few days. Hedge fund investment professionals are invited to participate and the online survey only takes minutes to complete. The survey, […]
Topturn Capital aligns with Pro Surfer Joe Curren to take advantage of the JOBS Act
New York (HedgeCo.Net) – Topturn Capital, a boutique investment management firm, aligns with professional surfer Joe Curren in a bold maneuver to take advantage of the SEC’s ratification of the JOBS Act and set new precedence in marketing. “The SECs recent […]