Category Archives: HedgeCo News
Ex-Janus Hedge Fund Managers Acquire California Fund
New York (HedgeCo.Net) – Arrowpoint Partners, the Denver-based investment firm founded by former hedge fund managers at Janus Capital Group Inc announced plans to acquire Aster Investment Management Co., of Larkspur, Calif., according to a Bloomberg report. The deal is expected […]
Hedge Funds Up 0.7% In May
New York (HedgeCo.Net) – The HFRX Global Hedge Fund index reports that hedge funds were up 0.7% for May and 4.6% year-to-date. Equity markets posted gains for the month despite paring gains in a late-month sell off as government bond […]
Bruce Lipnick Invited to The Champions of Change Ceremony at White House
New York (HedgeCo.Net) – Hedge fund pioneer, Bruce H. Lipnick, also the Founder and CEO of Crowd Alliance, has been invited to attend the Champions of Change Program on June 4, 2013 at the Eisenhower Executive Office Building at the White […]
New Orleans Firefighters File Suit Against Fletcher Hedge Fund
New York (HedgeCo.Net) – The U.S. Securities and Exchange Commission in 2011 opened a probe into New York hedge fund Fletcher Asset Management as three Louisiana pension systems raised questions about its liquidity. The firm received investments of $100 million from […]
Texas Investors Lose $215 Million Claim Against Hedge Fund Adviser
New York (HedgeCo.Net) – Hedge fund adviser Highland Capital Management won a summary judgment against a group of investors seeking more than $215 million. The judgment, which was granted in a Texas court, dismissed all claims by the investors. The […]
SunTx Capital Partners Launches New Hedge Fund
New York (HedgeCo.Net) – The founding partners of SunTx Capital Partners, in collaboration with veteran senior portfolio manager Ron Dodson, have launched the Dallas based IXTHYS Capital Management, LLC (“IXTHYS”), a new hedge fund investment manager. Ron Dodson, a derivative […]
Gibraltar Campaigns To Attract Hedge Funds
New York (HedgeCo.Net) – Gibraltar has launched a campaign to bring London hedge funds to “the Rock,” the Guardian reports. Gibraltar Chief Minister Fabian Picardo has made attracting hedge funds one of the main goals of his administration, last week […]
Hedge Fund People Moves: Guarino and Pingili Join Cordium
New York (HedgeCo.Net) – A global hedge fund compliance consultant has added two new members to it’s team. Cordium, the new new name for HedgeOp Compliance and The IMS Group, has hired Peter Guarino as Vice President at Cordium’s Boston office. Vivek […]
PDP Capital Hedge Fund Manager pleads guilty to Wire Fraud
New York (HedgeCo.net) –Hedge Fund Manager and former Penn State tight end, Paul Pomfret has pleaded guilty to wire fraud and faces up to 20 years in jail. The Palm Beach-based hedge fund, PDP Capital has several legal battles starting […]
European Institutional investors shy away from Hedge Fund investments
New York (HedgeCo.net) – This month’s edition of Preqin’s Hedge Fund spotlight shines some light on a change in European investor’s appetite for Hedge Fund investments. Among allocators who invest more than $1 billion in Hedge Funds, 24% came from […]
Hedge Funds Care Expands Reach By Becoming Help For Children: Prevent and Treat Child Abuse
New York (HedgeCo.net) – Hedge Funds Care was started as a dinner in New York City with one mission and two goals. The one mission was preventing and treating child abuse and the two goals: raising as much money as possible […]
Hedge Fund Activists Call For a Breakup Of RHJ International
New York (HedgeCo.net) – A group of hedge funds led by Geneva-based investor Equilibria Capital have called for the break-up of $5.1 billion financial services group RHJ International (RHJI). The move would stop RHJI from acquiring leading German investment bank BHF, and […]