Category Archives: HedgeCo News

Hedge Fund Insider Trading: Rajiv Goel Sentenced To Probation And Fines

New York (HedgeCo.Net) In the latest Galleon hedge fund indictment, Rajiv Goel, a former Intel Corp. executive, received leniency after apologizing saying he was “deeply ashamed….. I had a serious lapse of judgment and good sense.”  The US federal court in New York on Monday sentenced him […]

SF Hedge Fund Manager To Build $490 Million Sports Arena In Seattle

New York (HedgeCo.Net) – San Francisco hedge fund manager Chris Hansen is planning a $490 million basketball and hockey arena, pledging $290 million of his private money to the Seattle project, local papers report. Seattle City Council members voted 6-2 on Monday, approving the project after a […]

Asian Hedge Fund Assets Rise To Over $144 Billion

New York (HedgeCo.Net) – The Asian hedge fund industry saw an expansion in 1H2012 to reach $144.09 billion in assets. This reflects a 2.5% growth from the $140.62 billion level seen at the end of a very tough 2011, the […]

October 11: Ninth Annual Hedge Fund Rocktoberfest In New York

New York (HedgeCo.Net) – The Ninth Annual Hedge Fund Rocktoberfest – New York City, the annual fundraiser for children’s charity A Leg To Stand On, is taking place on Thursday, October 11 at 583 Park Avenue in New York City. […]

Hedge Fund Industry Association Appoints Former SEC Commissioner As Chairman

New York (HedgeCo.Net) – Global hedge fund industry association, The Alternative Investment Management Association (AIMA), has announced the appointment of a new non-Executive Chairman, Kathleen Casey, the former Securities and Exchange Commissioner and SEC representative to the International Organization of Securities […]

Study: Hedge Funds Could Contribute to Disruptions of the U.S. Financial System

New York (HedgeCo.Net) – According to a new study from the RAND Corporation, “Hedge Funds and Systemic Risk,” hedge funds were not a leading cause of the recent financial crisis, but they do have the potential to contribute to disruptions of […]

Australia: BlackRock Wins Hedge Fund of the Year

New York (HedgeCo.Net) – Last night at the annual Cure Our Kids Australian Hedge Fund Awards in Sydney, BlackRock Australian Equity Market Neutral Fund received double honors  winning the 2012 Australian Hedge Fund of the Year and Best Market Neutral Fund. […]

Mitt Romney’s Hedge Fund host Marc Leder part of investigation in Tax Abuse probe

New York (HedgeCo.Net) South Florida gossip columnist Jose Lambiet was the first to connect the dots between the host of Mitt Romney’s now infamous $50,000-a-plate dinner party in Boca Raton and an ongoing investigation being conducted by New York attorney […]

eVestment|HFN Hedge Fund Survey: Consolidation A Key Trend

New York (HedgeCo.Net) – European economic challenges continue to weigh negatively on an otherwise positive year for hedge fund administrators, according to a new survey by eVestment|HFN. “The administration industry is feeling the effects of the European crisis,” said Peter […]

Hedge Fund People: Stephen Dedyo Joins Pyxis Capital

New York (HedgeCo.Net) – Stephen Dedyo has been hired as Managing Director and Head of National Accounts for hedge fund advisor Pyxis Capital’s distribution team. He will report to Brad Ross, President of the Dallas based company. Dedyo joins from Janus Capital […]

Hedge funds up 3.16% YTD, August

New York (HedgeCo.Net) – September’s edition of The Eurekahedge Report reports that Asian hedge funds currently stand at $125.5 billion, they saw 800% growth between 2000 and 2007.  The industry witnessed negative returns in 2011 but there were still some sectors providing exceptional […]

Hedge Fund Due Diligence: FinCEN Announces a Roundtable Discussion

New York (HedgeCo.Net) – The Financial Crimes Enforcement Network (FinCEN) will host a roundtable discussion to continue gathering information on the Advance Notice of Proposed Rulemaking (ANPRM) on customer due diligence (CDD) requirements for financial institutions, published in the Federal […]