Category Archives: HedgeCo News

UCITS Hedge Funds Rise to EUR 129 ($158) Billion

New York (HedgeCo.Net) – Geneva-based investment company, Alix Capital reports that UCITS hedge funds AUM increased by +7.5% in Q2 2012 contributing to an increase of 18.3% for the last 12 months. Sixteen new funds were launched this quarter and four were […]

State Street to Become Lead Hedge Fund Administrator Globally With $550M Acquisition Of Goldman Sachs Administration Services

New York (HedgeCo.Net) – Hedge fund administrator, State Street Corporation, has announced that it has agreed to acquire Goldman Sachs Administration Services (GSAS), a $200 billion hedge fund administrator, from The Goldman Sachs Group, Inc. in a cash transaction with a total […]

Hedge Fund Launches: Pacific View Asset Management

New York (HedgeCo.Net) – Two hedge fund managers from New Zealand are starting a San Francisco based hedge fund, Pacific View Asset Management, LLC.,  launched with two strategies, International Small Cap and Global Small Cap. Ken Applegate, Senior Portfolio Manager and co-head […]

Eurekahedge: Hedge Funds Witness Trend Reversals

New York (HedgeCo.Net) – Hedge fund performance was flat to slightly negative in June as global markets witnessed several trend reversals during the month. The Eurekahedge Hedge Fund Index registered a marginal loss of 0.14% during the month, bringing its June year-to-date […]

Decosimo Presents The National Hedge Fund Investment & Operations Boot Camp Course

New York (HedgeCo.Net) – Decosimo, a Top 100 accounting and business advisory firm, will be lending its leadership for hedge fund education targeting hedge fund investors and management teams.  Decosimo is providing support as the lead sponsor and Principal Karl J. […]

The Hedge Fund Industry Responds to the SEC Regarding the JOBS Act

New York (HedgeCo.Net) – AIMA, the global hedge fund industry association, has expressed support for the elimination of the ban on general solicitation and advertising by hedge fund managers in the US, but has said that only accredited investors should […]

Romney’s Hedge Fund Past Laid Bare By IRS Submissions

New York (HedgeCo.Net) – Mitt Romney may have committed a crime in saying that he quit his fortune building hedge fund Bain Capital in 2009, sources say. The Obama admin has reported: “Romney may have misrepresented his position to the […]

NY Supreme Court Approves Distribution Of More Than $110 Million To Madoff-related Hedge Fund Victims

New York (HedgeCo.Net) – As the Receiver for Ezra Merkin’s two Madoff-related hedge funds, Gabriel Capital L.P. and Ariel Fund Ltd., hedge fund lawyer Bart M. Schwartz announced today his third round of interim distributions of more than $110 million of cash […]

Renaissance Technologies awarded best long/short equity hedge fund and single manager fund of the year

New York (HedgeCo.Net) – The best performing single manager and fund of hedge funds (FoHF) in the US, Canada and Latin America were recognized yesterday at the Hedge Funds Review Americas Awards 2012. Individuals were also honoured for their contribution to the hedge […]

Hedge Funds Up 0.06% In June

New York (HedgeCo.Net) – The Hennessee Hedge Fund Index increased +0.06% in June (+2.10% YTD), while the S&P 500 gained +3.96% (+8.66% YTD), the Dow Jones Industrial Average advanced +3.93% (+5.42% YTD), and the NASDAQ Composite Index increased +3.81% (+12.66%) […]

$21 Million International Hedge Fund Fraud Case Results in Guilty Pleas

New York (HedgeCo.Net) – An investigation into hedge fund fraud that was initiated from a SAR resulted in guilty pleas, forfeiture, and in the case of the ringleader, a lengthy prison sentence. All of the victims were non-U.S. residents. Also highlighted were […]

Capital Group One to Launch $610 Million Euro Hedge Fund

New York (HedgeCo.Net) – Based on the massive success of Capital Group One’s first Euro hedge fund launched in 2007, well before the current EU problems materialized, Capital Group One is launching a second one to balance the risk of further losses […]