Category Archives: HedgeCo News
Rajat Gupta Gets 2 Years For Hedge Fund Insider Trading
New York (HedgeCo.Net) – Rajat Gupta, a former member of the Board of Directors at Goldman Sachs, received a prison sentence of 2 years in federal prison by U.S. District Judge Jed Rakoff. “He is a good man,” the Judge said, […]
Research: Small Hedge Funds Outperforming The Larger Ones
New York (HedgeCo.Net) – Small hedge funds with assets of less than $100m have outperformed large funds (those with assets of over $500m) in 13 out of the last 16 years according to Jeroen Tielman, CEO and Founder of multi-strategy hedge […]
Rajat Gupta To Receive Sentence For Hedge Fund Fraud Today
New York (HedgeCo.Net) – At 2:00pm today Rajat Gupta, a former member of the Board of Directors at Goldman Sachs, will receive his prison sentence by U.S. District Judge Jed Rakoff. Gupta was found guilty on June 18th 2012 by a jury […]
Hedge Fund People: Paul Cucurullo Joins Paladyne
New York (HedgeCo.Net) – Hedge fund adviser Paladyne systems has appointed Paul Cucurullo as Senior Director of Sales to lead and develop the Paladyne offering for long-only asset managers and investment advisors. Cucurullo brings more than 30 years of experience […]
1504 Hedge Fund and Private Fund Advisers Have Registered Since The Dodd-Frank Act Was Implemented
New York (HedgeCo.Net) – The SEC reported that 1,504 advisers to hedge funds and other private funds have registered with the agency since the Dodd-Frank Wall Street Reform and Consumer Protection Act mandated such registration. While some private fund advisers […]
Romney’s Hedge Fund: The Bain Bane & Binders Of Women
New York (HedgeCo.Net) – President hopeful Mitt Romney came close to admitting to a form of affirmative action when he referred to women he had scanned for placement under his governorship in Massachusetts. During the debates with President Obama, Mitt Romney referred to “binders of […]
SEC Alleges Fraud At New York Hedge Fund
New York (HedgeCo.Net) – The SEC yesterday charged $1billion hedge fund Yorkville Advisors LLC., its founder and president, Mark Angelo, and its chief financial officer, Edward Schinik with exaggerating returns in order to hide losses. The SEC alleges in a 35-page complaint filed […]
Hedge Fund Launch: CARF Management
New York (HedgeCo.Net) -US hedge fund family FISCO Funds Management LLC., and financial services firm OP 8 Analytics LLC., have announced a joint venture to launch a new investment management company, CARF Management LLC. The new firm will serve as investment […]
US Hedge Funds Cross $1.2 Trillion, EU Hedge Funds up 2.59% in 3rd Quarter
New York (HedgeCo.Net) – The $360 billion European hedge funds industry has witnessed a remarkable rebound of 31% returns over 2009 and 2010 according to the October edition of The Eurekahedge Report. However, since that time the prevailing conditions in the […]
Hedge Funds take 5 of the top 10 spots as donors to Romney Victory Fund
New York (HedgeCo.Net) – After federal disclosures were filed on Monday, the Reuters team put together a handy list of the top 10 firms who donated to the Romney Victory fund. The Romney Victory fund is a joint fund lead […]
Norfolk Hedge Fund Manager Indicted
New York (HedgeCo.Net) – Jeffrey Martinovich, a Norfolk hedge fund manager was indicted on 26 charges of fraud over the weekend. According to a news release from the U.S. Attorney’s Office in the Eastern District of Virginia Martinovich was charged with mail fraud, […]