Category Archives: HedgeCo News
Hedge Funds Are Making Their Move Into Puerto Rico
New York (HedgeCo.Net) – After a huge plunge in Puerto Rico’s bond prices over the summer, hedge funds are desperate to get their foot in the door. Hedge fund investor Fairbridge Capital Partners has purchased the Puerto Rico based brokerage […]
Neuberger Berman Launches New Hedge Fund After First Successful US Launch
New York (HedgeCo.Net) – Neuberger Berman has launched a Ucits absolute return multi-strategy hedge fund, following on a the success of a US regulated version in May 2012. The Neuberger Berman Absolute Return Multi-Strategy Fund (ARMS), targets positive absolute returns […]
Defrauding Investors: Whistleblower Awarded More Than $150,000 By SEC
New York (HedgeCo.Net) – The SEC today awarded more than $150,000 to a whistleblower whose tips helped the agency stop a scheme that was defrauding investors. “This is continued momentum and success for the SEC’s whistleblower program that is bringing […]
Hedgie Scaramucci Speaks Out On Stephen Cohen
New York (HedgeCo.Net) – Hedge fund millionaire Anthony Scaramucci spoke to CNBC yesterday regarding the looming SAC Capital settlement with the SEC, saying “The Department of Justice and the SEC are gone crazy in these matters.” “I think it’s sad […]
The SEC’s Proposal on Crowdfunding
New York (HedgeCo.Net) – The SEC yesterday voted unanimously to propose rules under the JOBS Act to permit companies to offer and sell securities through crowdfunding. “There is a great deal of excitement in the marketplace about the crowdfunding exemption, […]
Hedge Fund Advertising: SEC Votes On Crowdfunding Exemption Proposals
New York (HedgeCo.Net) – The SEC has announced that today it will finally vote on the newly proposed crowdfunding legislation that allows a wider pool of small investors fewer restrictions when it comes to buying up modest amounts of equity in […]
Steven Cohen’s Hedge Fund Deal Nears Resolution
New York (HedgeCo.Net) – CBS News reports that according to an anonymous source, SAC Capital has “reached a tentative deal with federal prosecutors to settle the case and pay more than $1 billion in fines and forfeitures.” Although the deal […]
Citi Survey: Hedge Funds That Invest in People Management Make More Money
New York (HedgeCo.Net) – Hedge funds that invest in people management register higher average investment returns than their peers, according to a new survey from Citi Prime Finance. Citi interviewed a group of 24 hedge funds, each with at least $500 […]
SEC Charges Manager Of CDO With Favoring Hedge Fund Magnetar Over Debt Investors
New York (HedgeCo.Net) – A NJ-based investment advisory firm and its owner have been charged by the SEC for “misleading investors in a collateralized debt obligation (CDO) and breaching their fiduciary duties in order to accommodate trades requested by a third-party hedge fund […]
Hedge Fund Giant Man Reports FUM Of $52.5 billion
New York (HedgeCo.Net) – Man announced in its interim management statement for the quarter ended 30 September 2013, that its funds under management (FUM) at 30 September 2013 has reached $52.5 billion with net inflows of $0.7 billion. “The net […]