Category Archives: HedgeCo News
Hedge Fund Assets Cross $1.81 Trillion
New York (HedgeCo.net) – Hedge funds delivered another month of strong returns aided by favourable market conditions in April 2011 and rallies in underlying markets, according to the May 2011 Eurekahedge Report. Total net flows for the first four months […]
Former Lehman VP Joins AlphaMetrix As Director of Global Hedge Fund Operations
New York (HedgeCo.net) – Mark Faulkenberg has joined hedge fund administrator AlphaMetrix360 as Director of Global Operations. Faulkenberg was Global Head of Operational Risk Due Diligence for International Asset Management Limited, where he oversaw more than 80 underlying hedge fund […]
Hedge Fund Launches: Palmer Square Absolute Return Fund
New York (HedgeCo.net) – Hedge fund manager Palmer Square Capital Management and $9 billion institutional money manager, Montage Investments, have launched the Palmer Square Absolute Return Fund, its first open-ended mutual fund. “With the Palmer Square Absolute Return Fund, we are excited to […]
SEC Charges Connecticut Hedge Fund Manager in Ponzi Scheme
New York (HedgeCo.net) – The Securities and Exchange Commission charged Highview Point Partners, LLC., a Connecticut-based hedge fund manager, with engaging in a multi-year Ponzi scheme involving hundreds of millions of dollars. The SEC also named three hedge funds managed […]
PayPal Founder To Headline the 2011 GAIM GMA Hedge Fund Conference
New York (HedgeCo.net) – GAIM USA and Citi announced that PayPal co-founder Peter Thiel, economist and hedge fund manager Burton Malkiel, Jim Chanos of Kynikos Associates and Bank of England’s Monetary Policy Committee Member Adam Posen will headline the 2nd […]
Rajaratnam Hedge Fund Debacle Just “Tip of the Iceberg” For Rajat Gupta
New York (HedgeCo.net) – Being entangled with the Galleon hedge fund scandal was just the tip of the iceberg for former McKinsey partner Rajat Gupta, according to the 2011 July issue of Bloomberg Markets magazine. At McKinsey, a firm known […]
Aviation Focused Equity Long/Short Hedge Fund Launch
New York (HedgeCo.net) – Robert Crane, Gary Ran and Gary Weisman have launched a new investment firm focused exclusively on the commercial aviation industry. Crane Aircraft Partners, LLC, based in California and Michigan, will provide multiple investment options for investors, […]
Hedge Fund Acquisitions: Northern Trust/Omnium
New York (HedgeCo.net) – Investment management giant, Northern Trust, with over $662.2 billion in assets under management, has acquired Omnium LLC, a hedge fund administrator with approximately $70 billion in assets. Omnium’s staff will be integrated into Northern Trust’s Corporate […]