Category Archives: HedgeCo News

Ader To Deploy $1 Billion to Small and Midsize Hedge Funds

New York (HedgeCo.net) – Ader Investment Management (AIM) has launched the Accelerator Fund Partners LP, a funding platform for hedge funds looking to boost assets under management and enhance their distribution into family offices and fund of funds. Individual manager allocations […]

Legg Mason Launches Permal Hedge Strategies Fund

New York (HedgeCo.net) – $627 billion global asset management firm, Legg Mason has launched Permal Hedge Strategies Fund, a fixed income focused multi-manager, multi strategy fund of hedge funds, on February 1, 2012. “Given market volatility and investor demand for lower […]

Data Explorers Launch iPhone App for Hedge Funds and Brokers

New York (HedgeCo.net) – Data Explorers,  provider of securities lending data, tracking short selling and institutional fund activity across all global market sectors, today announced the launch of its new hedge fund iPhone app, the first of its kind for […]

Hedge Funds Back Romney Super PAC

New York (HedgeCo.net) – Hedge funds have been the biggest doners to Mitt Romney’s Super PAC, “Restore Our Future.” Almost 60 corporations and wealthy individuals donated at least $100,000 each to the Romney PAC, which raised more than $20 million in […]

Hedge Fund Administrator GlobeOp Opens Green Mumbai Office

New York (HedgeCo.net) – GlobeOp Financial Services has added a hedge fund administration and data centre facility in Airoli in Mumbai. The new office is located in the same Airoli business complex as GlobeOp’s third Mumbai office, opened in 2009. More than 1,675 […]

Man Group Commits To Responsible Investing, Encourages Hedge Funds To Do The Same

New York (HedgeCo.net) – Hedge fund gian Man Group plc announced today that it has signed the United Nations-backed Principles for Responsible Investment (PRI). “This step is a signal of Man’s continued commitment to responsible investing.” Peter Clarke, Chief Executive […]

BNP Expands Hedge Fund Administrative Arm

New York (HedgeCo.net)- BNP Paribas is rolling-out a major investment program to expand its hedge fund and fund of hedge fund administration services, for both UCITs and offshore funds. “As the hedge fund industry becomes more institutional-investor focused, hedge fund managers’ […]

Hedge Fund People Moves: Steven Solmonson Joins Spectrum Asset Management

New York (HedgeCo.net) – Senior hedge fund professional Steven Solmonson has joined $13.4 billion securities firm Spectrum Asset Management, Inc. “Steven and I have known each other for more than 30 years, having worked together at Drexel Burnham Lambert where we launched […]

Cayman Hedge Fund Launches New York Office

New York (HedgeCo.net) – Cayman Island based hedge fund Trinity Fund Administration (Cayman) Ltd. is expanding its global network with the opening of a new office in New York City. “North America is a key market for us, and we […]

Oklahoma Hedge Fund Changes Name to Covenant Global Investors, AUM Grows to $320 Million

New York (HedgeCo.net) – Covenant Financial Services, LLC., the management company for the Covenant family of target-return, global macro hedge funds and separately managed accounts, has changed its trade name to “Covenant Global Investors.” The change was made to better […]

Dow Jones Credit Suisse Hedge Fund Index Performance in 2011

NEW YORK, Jan. 25, 2012 — The Dow Jones Credit Suisse Hedge Fund Index team today released its 2011 Hedge Fund Market Review. The report examines the drivers of hedge fund performance and asset growth in 2011. Some key conclusions […]

HedgeHarbor study shows interest in Emerging Hedge Funds spiked in 2011

HedgeCo.Net (New York) – Hedgeharbor Inc., a wholly owned subsidiary of Asset Alliance Corporation that specializes in investment placement services to institutional investors and high net worth individuals, has recently completed their Annual Global Investor Survey. Survey questions address such […]