Category Archives: HedgeCo News
People Moves: KPMG expands hedge fund, private equity and real estate fund capabilities
New York (HedgeCo.Net) – Hedge fund advisory firm KPMG, LLP., is adding several new hires to its Alternative Investment Funds (AIF) practice’s national team, in Los Angeles and San Francisco. The practice is also making additional moves to boost experience […]
Hedge Fund CEO Predicts Financial Catastrophe
New York (HedgeCo.Net) – The co-founder and chief executive officer of hedge fund DoubleLine Capital LP predicts bleak financial times ahead, according to a Bloomberg article. Jeffrey Gundlach says that the first phase of the coming debacle consisted of a 27-year buildup of […]
LandColt Capital LP Outperforms S&P 500, Establishes New Record in November
New York (HedgeCo.Net) – LandColt Capital LP, a specialized investment firm catering to private accounts and family offices, posted a month-over-month pre-fee gain of +6.84% in November. Year-to-Date, the firm’s Integrated Investment Strategy is now +34.55%. Since its inception on […]
Nobel Foundation Turns To Hedge Funds
New York (HedgeCo.Net) – The Nobel Foundation has plans to invest money through hedge funds to boost returns and restore awards to their previous size, which had been cut by 20 percent this year (the first cut since 1949), Bloomberg reports. “When […]
Survey: Investors Worried About Insider Trading And Regulatory Exams
New York (HedgeCo.Net) – A new survey by Corgentum Consulting shows the majority of investors (72%) feel hedge funds are focused on achieving only the technical compliance, versus pursuing a culture of governance, when it comes to regulatory preparedness. “The post Dodd-Frank […]
I.A. Englander hires Fredrick Scuteri as COO of its Prime Services division
New York (HedgeCo.Net) – Israel A. Englander & Co. LLC (IAE) is pleased to announce the hiring of Fredrick Scuteri as Chief Operating Officer of its Prime Services division. Scuteri, a 17-year industry veteran, joins Brett Yarkon as co-heads of […]
SAC Hedge Fund Insider Trading Professor Resigns
New York (HedgeCo.Net) – The Neurologist linked to the Alzheimer drug tests/hedge fund insider trading case, has resigned from his position at the University of Michigan. Professor Sid Gilman is accused of leaking data to SAC hedge fund trader Mathew Martoma. Gilman was paid […]
Hedge Fund People Moves: Kenneth Sorenson Joins Sanborn Kilcollin Partners
New York (HedgeCo.Net) – Former Senior Vice President at Hovde Capital Advisors Kenneth Sorenson has been named Director of Investor Relations at Chicago hedge fund Sanborn Kilcollin Partners LLC. Sorenson reports to Sanborn Kilcollin Co-founder and Managing Member, T. Eric Kilcollin. Previously, […]
SEC Preparing Civil Suit Against Cohen’s Hedge Fund SAC Capital
New York (HedgeCo.Net) – A week after hedge fund trader Mathew Martoma was charged with insider trading, the SEC is going after the hedge fund in question, Steven A. Cohen’s hedge fund SAC Capital, according to people familiar with the situation. “In […]
UCITS Hedge Fund Index Up In November
New York (HedgeCo.Net) – The UCITS Alternative Index Blue Chip ends November with a gain 0.23% after a progression of 0.31% during the last week. Emerging Market funds bounce back (up 1.19%) and are the largest weekly contributors to the […]
Hedge Fund Trader Mathew Martoma Released On $5 Million Bond
New York (HedgeCo.Net) – Former SAC Capital trader Mathew Martoma was charged yesterday for insider trading during an alzheimer’s disease drug trial that is being called the most lucrative hedge fund insider trading cases ever prosecuted. Martoma has been released on a […]
Hedge Fund Fraud: FBI Looking To Twitter
New York (HedgeCo.Net) According to Reuters, “The FBI has agents scouring Twitter and other social networks for tips on securities fraud.” say agents overseeing a long-running investigation into insider trading in the $2 trillion hedge fund industry. “I will tell you technology will play […]