Category Archives: HedgeCo News

Former Paladyne & GlobeOp Hedge Fund Exec Joins HedgeServe

New York (HedgeCo.Net) – Bill Kelly has been appointed Global Head of Sales at $150 billion hedge fund administrator HedgeServe and will be responsible for building relationships with hedge fund managers, funds of hedge funds, private equity funds, and institutional investment managers. Prior […]

Former Hedge Fund Partner Named Director At SEC Division

New York (HedgeCo.Net) – The SEC yesterday named former hedge fund executive at Chilton Investment Company, Norm Champ, head of the Division of Investment Management, MarketWatch reports. “Norm has proven himself to be a natural leader and an expert at managing programs that […]

Hedge Fund Manager Crispin Odey Buys up Barclays Shares

New York (HedgeCo.Net) – European hedge fund manager, Crispin Odey, founding partner at $6.9 billion hedge fund, Odey Asset Management, has bought 10 million pounds’ worth of shares in Barclays, Reuters reported today. Barclays is in the middle of a scandal over interest rate […]

The UCITS Hedge Fund Index Global down in June

New York (HedgeCo.Net) – The UCITS hedge fund Index Global is down -0.23% in June bringing its year to date performance to -0.33%. The UCITS Alternative Index Fund of Funds is down -0.77% bringing its yearly performance to -2.39%. 10 […]

Hedge Fund Survey: Smarsh Report Reveals Challenges in Oversight of Electronic Communications

New York (HedgeCo.Net) – The survey of more than 200 compliance professionals in the hedge fund industry was conducted to better understand the attitudes and current practices for electronic communication compliance. “This year’s survey findings illuminate the shifts underway related […]

SEI Named “Hedge Fund Administrator of the Year” at the London 2012 Global Investor Awards

New York (HedgeCo.net) – Global Investor magazine has named SEI  “Hedge Fund Administrator of the Year” at the 2012 Global Investor Awards, held in London on June 28. “With the increasing demands being placed on hedge fund managers by their investors, […]

Controversial Hedge Fund Manager Charged By SEC

New York (HedgeCo.net) – The hedge fund manager who challenged the US wireless broadband connectivity system by launching a cheaper alternative has been under investigation by the SEC for alleged manipulation of bond prices and favoring certain clients over others. The SEC said that Philip […]

Hedge Fund Jobs Act May Be Postponed

New York (HedgeCo.net) – The Investment Adviser Law Blog reports that the SEC  may miss the deadline to adopt rules that would lift the ban on advertising and general solicitation by hedge funds and other private pooled investment vehicles, according […]

Hedge Fund People: Black Diamond Capital Management Hires Jean Fleischhacker

New York (HedgeCo.net) – $11 billion hedge fund firm, Black Diamond Capital Management LLC, announced the appointment of Jean Fleischhacker as Senior Managing Director, Business Development. Ms. Fleischhacker will lead the structuring and marketing for CLOs, other structured products, and […]

Research: Women Working in Hedge Funds Are “Never The Right Age”

New York (HedgeCo.net) – A new report from the universities of Leicester and Essex looked into the concept of “adulting” which is defined as the attempt by people to be seen as mature and responsible, professionally and socially. The academics, who […]

Hedge Fund Law Firm Ogier Wins Offshore Lawyer Award

New York (HedgeCo.net) – Cayman-based hedge fund law firm Ogier this week won the Offshore Law Firm of the Year award, announced at The Lawyer Awards 2012, in London. “We are absolutely delighted to win the Lawyer Offshore award. Last year […]

US Tech Buys UK Hedge Fund Company For $890 Million

New York (HedgeCo.net) –  SS&C Technologies Holdings, Inc., today announced the acquisition of hedge fund risk-reporting giant GlobeOp Financial Services S.A. (GlobeOp), for £4.85 ($7.54) per share, approximately £572 million ($890 million). The acquisition is, by value, the largest in […]