Category Archives: HedgeCo News
Cambridge Hedge Fund Manager Charged By SEC
New York (HedgeCo.net) – The SEC yesterday obtained an asset freeze against a Massachusetts hedge fund manager and his investment advisory firm. Andrey C. Hicks and Locust Offshore Management LLC are charged with misleading investors in a supposed quantitative hedge fund and […]
September Hedge Fund Index Performance Commentary
New York (HedgeCo.net) – The Dow Jones Credit Suisse Hedge Fund Index finished down 3.20% in September compared with a drop of 9.88% for the Dow Jones Global Index. A new monthly commentary offers insight into hedge fund performance through the month […]
Lawsuit Against Hedge Fund Adviser Highland Dismissed
New York (HedgeCo.net) – The lawsuit from the Houston Municipal Employees Pension System against Dallas-based hedge fund adviser, Highland Capital Management, L.P., has been dismissed. No compensation in any form has passed directly or indirectly from any of the defendants to […]
Paulson Leads as U.S. Equity Hedge Fund
New York (HedgeCo.net) – The latest Top 200 U.S. Equity Hedge Fund list reveals that the top 200 hedge funds oversee a combined $673 billion in assets under management, according to HedgeTracker. While the top 5 hedge funds from last […]
Conifer Group Launches First Hedge Fund Cloud-Based Reporting Portal
New York (HedgeCo.net) – Hedge fund administrator, the Conifer Group, LLC has launched the ‘Conifer iCon’, the first cloud-based solution delivering an entire suite of asset servicing processes, including a data repository and in-depth attribution reporting, from one customizable portal. […]
Phased Implementation of New FATCA U.S. Withholding Tax Regime Will Impact Hedge Funds, Investors
New York (HedgeCo.net) – By James Wall and Jay Levy at J.H. Cohn LLP – Recent IRS guidance about the Foreign Account Tax Compliance Act (“FATCA”) could have significant reporting or cost consequences for offshore investment funds that have U.S. investors. FATCA requires […]
HFMWeek’s Hedge Funds Multi Strategy Award Goes To SkyBridge Capital,
New York (HedgeCo.net) – SkyBridge Capital, the $7.7 billion NY – Zürich alternative investment firm, was recognized at the 2011 HFMWeek US Performance Awards as the winner in the “Fund of hedge funds multi-strategy over $1B” category based on its […]
October 2011 Eurekahedge Report: Hedge funds Down 2.69% In September
New York (HedgeCo.net) – Hedge funds were down 2.69% in September; another month of highly volatile movements and broad declines across global markets, according to the October 2011 Eurekahedge report. Hedge funds outperformed global equity markets again in September (-2.69% vs. […]
Wall Street Looks to Raise $1.5 Million for NYC Youth
New York (HedgeCo.net) – Youth, I.N.C. (Improving Nonprofits for Children) announced that Piper Jaffray, a leading global middle market investment bank and institutional securities firm, will sponsor Trading Day for Kids for a third consecutive year. Youth, I.N.C. has strong […]
Hedge Fund Magazine Names Ogier Cayman: “Best Offshore Law Firm”
New York (HedgeCo.net) – Ogier Cayman was named “Best Offshore Law Firm” at the HFMWeek U.S. Hedge Fund Services Awards, which were handed out on 13 October 2011 in New York. “This award is particularly special for Ogier Cayman as […]
Opus Wins Hedge Fund Award: “Best Administrator for Small and Start-up Firms”
New York (HedgeCo.net) – Opus Fund Services has been named the Best Administrator for Small and Start-up Firms at the annual HFMWeek US Awards at an award ceremony in New York earlier today. “We are delighted to be recognized by […]