Category Archives: HedgeCo News
Hedge Fund Tech: Broadridge Acquires Paladyne Systems
New York (HedgeCo.net) – Global capital markets technology services company Broadridge Financial Solutions has acquired hedge fund solutions provider Paladyne Systems for approximately $76.5 million. “The acquisition of Paladyne will significantly expand Broadridge’s position as a service provider to buy-side clients,” […]
New Merlin White Paper: The Importance of Business Process Maturity and Automation in Running a Hedge Fund
New York (HedgeCo.net) – Over the past two years, Merlin has published several white papers that are designed to highlight and help managers imple- ment industry best practices, from shoring up their business model to identifying their target investors based […]
Federal and State Securities Law on Finders, Brokers, and Finder’s Fees
New York (HedgeCo.net) – Federal and State securities law recognizes a finder as “someone who finds, interests, introduces and brings parties together for a business transaction that the parties themselves negotiate and consummate.” Unlike a broker, a finder has no […]
People Moves: Max von Bismarck Joins Hedge Fund SkyBridge Capital
New York (HedgeCo.net) – Global hedge fund firm with a total of approximately $8 billion in assets under management, SkyBridge Capital, has strengthened its worldwide operations with the addition of Max von Bismarck as a partner and CEO of the firm’s international operations. Previously director […]
The Dow Jones Credit Suisse Core Hedge Fund Index Down 2.88% in August
New York (HedgeCo.net) – The Dow Jones Credit Suisse Core Hedge Fund Index fell less than half that of broad equity indexes in August. “The Dow Jones Credit Suisse Core Hedge Fund Index finished down 2.88% in August.” Oliver Schupp, President […]
UCITS Alternative Index Down -1.81% In August
New York (HedgeCo.net) – The UCITS Alternative Index Global is down in August (-1.81%) bringing its year to date performance to -2.55%. The Fund of Funds Index is down -2.14% reaching -3.27% this year. Except for the Commodities Index, all […]
Labor Day
New York (HedgCo.net) – From The Baltomore Sun: “Labor Day’s arrival can serve to remind employers that such investments are critical to an economy whose competitive advantage stems not from how inexpensive our labor is relative to other countries’, but […]
Hedge Fund Industry Commentary August 2011: Credit Downgrade Further Supports Commodities
New York (HedgeCo.net) – The Dow Jones-UBS Commodity Index ended up 0.99% for the month of August after investors on both sides of the pond looked to commodities as a safe haven for funds. Perpetuating the activity was the fact […]
Quant Hedge Fund Start-Up Has Assets Frozen
New York (HedgeCo.net) – The SEC has accused Belal K. Faruki and Neural Markets LLC., and relief defendants Evolution Quantitative 1X Fund and Evolution Quantitative 1X LLC., of misrepresenting their startup hedge fund. A federal judge has frozen all the manager’s hedge […]
Hedge Fund Networking Site Joins Up With BusinessWire
New York (HedgeCo.net) – Social networking site for financial professionals, linkedFA, has aligned with Businesswire, the global leader in press release distribution, signing a content agreement that gives the 10,000 linkedFA members direct access to reports from Fortune 1,000 companies […]
DoubleLine Hedge Fund Crosses $10 Billion in Assets
New York (HedgeCo.net) – The DoubleLine Total Return Bond Fund has reached $10 billion in assets under management, just 16 months after its launch in April 2010. Assets under management at DoubleLine now total $15 billion across a range of […]