Category Archives: HedgeCo News
Man Group Hedge Fund Inflows Reach $71 Billion June 30th
New York (HedgeCo.net) – Hedge fund giant Man Group reached $71.0 billion (FUM) at 30 June 2011, compared with $69.1 billion by 31 March 2011. “We are pleased to be reporting strong net inflows from investors over the last quarter.” […]
Wiretaps Reveal That Shimoon Sold Apple Secrets To Hedge Funds
New York (HedgeCo.net) – Walter Shimoon pled guilty yesterday to two counts of conspiracy to commit securities fraud and wire fraud and one count of securities fraud. CNN Money says: Shimoon, a fomer director at Flextronics, a Singapore-based company that […]
Obama: $21 Billion In New Hedge Funds Taxes
New York (HedgeCo.net) – President Barack Obama, in his weekly address, suggested that hedge funds and oil companies should pick up the slack with a tax hike in order to cut the deficit. Obama’s proposal would raise hedge fund manager’s taxes by up to $21 […]
Hedge Fund Launch: Merchant Capital’s UCITS Russian Equity Long/Short Strategy
New York (HedgeCo.net) – Merchant Capital Ltd , the UK asset management division of Merchant House Group Plc, has launched the Russian Phoenix UCITS Fund on its UCITS umbrella platform. The hedge fund officially launched on 2nd June 2011 with […]
UCITS Hedge Fund Index Down In June
New York (HedgeCo.net) – The UCITS Alternative Blue Chip Index is up 6 bp this week, ending the month down -1.10%. The Commodities bucket had yet another bad weekly performance (-2.89%) following last week’s drawdown of -4.89%. Emerging Market and […]
People Moves – Revere Capital Advisors Appoints John Mackin
New York and London-based hedge fund manager Revere Capital Advisors has appointed John Mackin as its Global Head of Marketing and Business Development. Macklin will lead a four member global team seeking to build relationships with investors that share a […]
Hedge Fund Moves: Barclays Wealth Hires Six Investment Representatives
New York (HedgeCo.net) – Barclays Wealth, a leading global wealth manager by assets under management, is pleased to announce the addition of six Investment Representatives in its Boston, New York and Washington, D.C. offices. “We are pleased to welcome these […]
(Update) New York Hedge Fund Launch: The Long/Short Stanphyl Fund
New York (HedgeCo.net) – New York-based limited liability company Stanphyl Capital GP, LLC (Stanphyl) has launched a long/short equity hedge fund. The new hedge fund, Stanphyl Capital Partners, LP., launched earlier this month out of NYC. Managing member Mark Spiegel […]
Celebrity Poker Winnings Came From Hedge Fund Ponzi Scheme, Victims Claim
New York (HedgeCo.net) – Tobey Maguire, Leonardo DiCaprio, Ben Affleck and Matt Damon are among a dozen high-profile celebrities alledged to have been involves in an illegal poker ring. Some of the celebrities are being sued, according to Star Magazine, […]
Hedge Fund Launches: Northlight’s $100 Million Middle Market Loans Fund
New York (HedgeCo.net) – Hedge fund adviser and private equity debt investment manager, Northlight Financial LLC, has announced the formation of Northlight LP, a limited partnership that will provide asset backed loans to middle market companies, acquire whole loans in the secondary […]