Category Archives: HedgeCo News
Hedge Fund Research: $116 Billion Locked in Zombie Funds
New York (HedgeCo.Net) – Reuters reports that new data from Preqin shows that there are approximately 1,200 private equity funds that can be described as zombie funds sitting on $116 billion in assets. In a zombie fund, the GP is […]
SEC Bars Imprisoned Level Global and Diamondback Hedge Fund Managers
New York (HedgeCo.Net) – The SEC, in a parallel civil claim, has barred hedge fund managers Anthony Chiasson and Todd Newman from associating with investment advisers, broker-dealers and other entities registered with the SEC. In the original criminal case, Level Global’s Chiasson was […]
WF Asia Fund Wins Best Asian Hedge Fund Award
New York (HedgeCo.Net) – Over 300 hedge fund players showed up to commemorate 70 of the best performing Asian hedge funds for 2012. The Eurekahedge Asian Hedge Fund Awards 2013 marked the 10th anniversary of the event. This year saw a total of […]
Goldman Sachs Ranks As Top Hedge Fund Prime Broker
New York (HedgeCo.Net) – Goldman Sachs is again the most popular choice for hedge funds in the Americas, topping the annual Absolute Return prime brokerage rankings for the second consecutive year. J.P. Morgan stuck to the second spot, while Credit Suisse leapfrogged over […]
Romney Treats Hedge Fund Investors and Politicians To High Powered Retreat
New York (HedgeCo.Net) – The Washington Post reports that Mitt Romney hosted a retreat for lawmakers, investors, business leaders and the like at the five star alpine hotel the Stein Eriksen Lodge. Romney wanted to get all his investors together […]
Hedge Fund Industry Association Head To Step Down
New York (HedgeCo.Net) – Reuters reports that Andrew Baker, Chief Executive Officer of the Alternative Investment Management Association (AIMA) will stand down at the end of 2013, he has been CEO since 2009. “It has been a fantastic honour to […]
Man’s GLG Wins Leading Pan-European Hedge Fund Award
New York (HedgeCo.Net) – GLG Partners, the hedge fund manager Man Group bought three years ago, was Monday named leading pan-European hedge fund in the 2013 Thomson Reuters Extel Survey. Man Group shares are down 10.85% so far this week but are […]
Hedge Funds Up 3.89%: Attract $50 Billion In 2013
New York (HedgeCo.Net) – Hedge funds saw the seventh consecutive month of positive returns in May with mixed returns in global markets. The Eurekahedge Hedge Fund Index was up 0.20% during the month, while the MSCI World Index was down […]
Mutual Fund Launch: Neuberger Berman’s Flexible Select Fund
New York (HedgeCo.Net) – Global hedge fund giant Neuberger Berman Group LLC., has launched the Neuberger Berman Flexible Select Fund, a mutual fund for U.S. investors accessing the ideas of the less-benchmark constrained equity teams at Neuberger Berman. Neuberger Berman […]
SEC Charges California Hedge Fund Manager in Insider Trading Investigation
New York (HedgeCo.Net) – The SEC has charged a California-based wealth management company and a former hedge fund manager with insider trading on non-public information about technology companies. The SEC alleges that Whittier Trust Company and fund manager Victor Dosti […]
CAIA Honors Six “100 Women in Hedge Funds/CAIA Scholars”
New York (HedgeCo.Net) – Karla Canavan, of Bunge SA, Majlinda Kamberi, from Larch Lane Advisors, Kathryn Kaminski, at the Royal Institute of Technology, Nimisha Patel, of Segal Rogerscasey, Veronica Wong, from Moon Capital Management, and Tenke Zoltani, of Islan Asset Management, have earned […]
SEC May Use Rengan Rajaratnam As Link To SAC Hedge Fund
New York (HedgeCo.Net) – Rengan Rajaratnam has pleaded not guilty in NY court to charges of conspiring in an insider trading scheme to illegally earn nearly 1.2 million. He has been charged with conspiring with his older brother, the imprisoned hedge fund manager Raj Rajaratnam, […]