Category Archives: HedgeCo News

Hedge Funds Are Testing The Advertising Waters

New York (HedgeCo.Net) – Hedge funds seem to be wary of being the first to advertise under the new JOBs Act. Evan Rapoport, founder of industry portal HedgeCo.net, said yesterday. “While hedge funds are finally allowed to advertise, we believe that funds […]

Renaissance Technology Hedge Fund Founder Wins Carnegie Medal of Philanthropy

New York (HedgeCo.Net) -The American mathematician who founded one of the world’s most successful hedge fund companies, Dr. James Harris Simons and his wife, economist Dr. Marilyn Simons are this year’s recipients of the Carnegie Medal of Philanthropy, which recognizes those who use […]

Hedge Fund Mergers And Acquisitions: GAIN Capital Completes Acquisition of GFT

New York (HedgeCo.Net) –  Hedge fund resource provider GAIN Capital Holdings, Inc., has completed the acquisition of Global Futures & Forex, LTD (“GFT”). “The acquisition of GFT will yield numerous benefits for our clients, partners and shareholders,” said Glenn Stevens, Chief […]

SEC Charges Former President of California-Based Investment Firm With Fraud

New York (HedgeCo.Net) – The former president of a purported private equity real estate firm based in San Bernardino, Calif., has been charged with defrauding nearly 500 investors who purchased promissory notes under the false premise that they were secured […]

HedgeCo Selects Cognito to Provide Hedge Fund Marketing and Communication Services for Leading Funds as JOBS Act Opens Market

New York (HedgeCo.Net) – September 25, 2013 – HedgeCo, a company designed to increase transparency and communication between hedge funds and accredited investors, announced today it has selected leading marketing and communications firm Cognito to provide a range of marketing and […]

Hedge Fund People: Managed Funds Association Announces 2013-2014 Board of Directors

New York (HedgeCo.Net) – The Washington-based Managed Funds Association (MFA), unanimously elected John R. Torell, IV, the managing director and chief financial officer at Tudor Investment Corporation, as its Chair. As a representative of the global community of hedge fund […]

Hedge Funds: SEC Weekend Fraud Roundup

New York (HedgeCo.Net) – Following a plea deal struck in April, Oregon-based hedge fund manager Yusaf Jawed has been sentenced to six years in prison for defrauding investors of $37 million. Jawed plead guilty to 17 counts of mail and wire fraud […]

Breaking: Hedge Funds Start Advertising Blitz

New York (HedgeCo.Net) –  Thanks to Obama’s Jumpstart Our Business Startups Act (Jobs Act), the ban on hedge fund advertising has been lifted starting today. The JOBS Act became law in March 2012 and made the initial recommendation to allow “general […]

Mayor Bloomberg declares Sep 23 as “100 Women in Hedge Funds Education Day”

New York (HedgeCo.Net) – The mayor of New York has proclaimed that in celebration of 100 Women in Hedge Funds (100WHF’s) 400th education session, Sep 23 will be the “100 Women in Hedge Funds Education Day.” The session takes place at 399 […]

Buffett Compares Federal Reserve To Hedge Funds

New York (HedgeCo.Net) – “The Fed is the greatest hedge fund in history.” Hedge fund pioneer and billionaire philanthropist Warren Buffett said while delivering a speech to the students at at Georgetown University in Washington. The Fed is generating “$80 billion or $90 […]

28 US Hedge Fund Managers Make It Into Forbes 400

New York (HedgeCo.Net) – In this year’s Forbes 400, the magazine’s annual list of the richest people in the US, are twenty eight hedge fund managers, Forbes magazine reports. To even show up on the 2013 list, one must have over $1.3 […]

NY Hedge Fund Adviser Fined For Breaching Fiduciary Duty Due To Conflict Of Interest

New York (HedgeCo.Net) – One of the founders of New York hedge fund firm Vicis Capital is under fire by the SEC for engineering an undisclosed transaction in which he had a financial conflict of interest. Without admitting or denying […]