Category Archives: HedgeCo News

Mariner Signs Up For United Nations-supported Principles For Responsible Investment

New York (HedgeCo.Net) –  Mariner Investment Group, a $10 billion hedge fund manager, has become a signatory to the United Nations-supported Principles for Responsible Investment (PRI) as of August 22, 2013, the WSJ reports. The United Nations-supported PRI Initiative is an international network […]

Global hedge fund AUM declined by more than $6 billion in August

New York (HedgeCo.Net) – Hedge funds witnessed slightly negative returns in August amid increased risk aversion in global markets during the month. The Eurekahedge Hedge Fund Index was down 0.32% during the month, outperforming global stock indices as the MSCI […]

Cincinnati Pension Fund Drops Disgraced Hedge Fund

New York (HedgeCo.Net) – Portland-based fund of hedge funds Common Sense Investment Management has been dropped by the Cincinnati Retirement System after the firm’s CEO, Jim Bisenius, was arrested in a prostitution sting. Tigard (Oregon) police arrested nine men who responded to an online advertisement […]

Opinion: Hedge Fund Advertising To Pique Retirement Investors Interest

New York (HedgeCo.Net)  Adam Bergman, an in-house tax attorney with the IRA Financial Group believes that the repealing of the hedge fund advertising ban will help clarify the strategies used by hedge-fund managers when appealing to retirement investors. “Based on my conversations […]

Next Technology Boom?

New York (HedgeCo.Net) By Michael Williams   –  Before Apple’s (AAPL) recent fall from grace, it was the big savior during the Great Recession. The company continued to push out new products, the media embraced them, and as all others struggled […]

Hedge Fund Backs CEO Caught In Police Sting

New York (HedgeCo.Net) – The hedge fund manager who was caught in a prostitution sting will continue on in his positions as chief executive and chief investment officer at Common Sense Investment Management, a $3.2 billion fund of funds. “(Jim Bisenius) will […]

Big Hedge Funds Are Nearing An All-Time Asset High

New York (HedgeCo.Net) – The biggest US hedge funds are getting close to the all-time peak assets from before the financial crisis, according to the Absolute Return Billion Dollar Club rankings out today. Major winners this time around include J.P. Morgan Asset Management, Adage Capital […]

Citigroup Dumps Hedge Funds To Comply With Volcker Regulations

New York (HedgeCo.Net) – In order to comply with coming regulatory changes, Citigroup sold more than $6 billion in private equity and hedge fund assets in the past month, the Wall Street Journal and Reuters report. “Citigroup last week sold […]

Petra Partners Launches P2P Hedge Fund

New York (HedgeCo.Net) – While many others were off enjoying their vacations this summer, Petra Partners was busy preparing the launch of its latest fund for October 1, 2013. The fund will be credit-focused but will invest primarily in the […]

Fiduciary Duty Claims Against Hedge Fund Managers and How to Avoid Them

New York (HedgeCo.Net) – On Wednesday, Zachary Newman and Jonathan Proman, from Hahn & Hessen’s Litigation Department released a white paper which provides an overview of what every hedge fund manager should know about Fiduciary Duty case history. Using recent […]

Timothy Geithner To Speak At Asia Hedge Fund Event

New York (HedgeCo.net) – Hedge fund giant SkyBridge Capital is hosting the second annual SkyBridge Alternatives “SALT” Asia Conference. Timothy Geithner , 75th United States Secretary of the Treasury, will be speaking at the event along with other hedge fund luminaries. The conference will take place at […]

People Moves: Investcorp Hires Former Lehman, Goldman, Credit and Equity Hedge Fund Specialist

New York (HedgeCo.Net) – Investcorp’s US-based hedge fund business has hired Elena Ranguelova as Head of Credit and Equity Strategies, the WSJ reports. “Ms. Ranguelova will be responsible for supporting the growth of both investments in emerging managers and the […]