Category Archives: HedgeCo News
Hedge Fund Launch: Merchant Capital to Launch Proprietary FX Trading Package
New York (HedgeCo.net) – The asset management division of Merchant Capital, a subsidiary of Merchant House Group PLC, has today announced that it will launch a FX proprietary trading package this month, Merchant Capital FX, in association with Hotspot FX, […]
Kurland To Pay $4.4 Million In Hedge Fund Fraud Settlements
New York (HedgeCo.net) – Mark Kurland, a former partner at hedge fund New Castle Partners is to pay $4.4 million to settle allegations of insider trading, a regulatory filing has revealed. Kurland was one of a number of executives working […]
Guy Albert de Chimay Pleads Guilty To $7 Million Hedge Fund Scheme
New York (HedgeCo.net) – Former New York hedge fund manager, Guy Albert de Chimay, pleaded guilty this week to grand larceny and running a $7 million Ponzi scheme. He was arrested in June, 2010, in North Carolina and charged with securities […]
6 Charged In Hedge Fund Insider Trading Case
New York (HedgeCo.net) – The SEC yesterday charged Mark Anthony Longoria, a manager at A.M.D.; Daniel L. DeVore, a manager at Dell; Winifred Jiau, a consultant with insider information about Marvell Technologies, and Walter Shimoon, an executive at Flextronics International. […]
$1 Trillion in Hedge Fund Assets Represented At Summit
New York (HedgeCo.net) – The 2011 AlphaMetrix Summit saw over 650 hedge fund industry professionals attend this year. The event featured a greater than 1:1 ratio of investors to hedge funds, and attendees represented an estimated $1 trillion in assets. Via a […]
Hedge Fund Launch: Brandes’ Emerging Markets Equity Fund
New York (HedgeCo.net) – Brandes Investment Partners, L.P. (Brandes) announced today the launch of its Emerging Markets Equity Fund (the “Fund”). The Fund is a mutual fund targeted to long-term investors seeking a disciplined, conservative approach that focuses on valuations […]
ALTIN Announces Hedge Fund Holdings
New York (HedgeCo.net) – ALTIN AG disclosed its entire hedge fund portfolio holdings as part of its policy of full transparency to investors initiated in 2009. The portfolio, featuring over 35 underlying hedge funds, and representing 10 investment strategies, is […]
First Hedge Fund Manager Named In Galleon Probe
New York (HedgeCo.net) – The SEC probe of hedge fund insider trading has named Barai Capital Management LP’s founder and former hedge fund manager at Citigroup, Samir Bara, as a co-conspirator in a complaint against an ex-consultant for networking firm Primary Global LLC, Bloomberg […]
Activist Hedge Funds: Ramius Challenges Immersion Choice of Directors
New York (HedgeCo.net) – Alternative investment and hedge fund advisor Ramius Value and Opportunity Advisors LLC, a subsidiary of Ramius LLC., (Ramius) has challenged the board of top touch technology company Immersion to elect a new Director. Ramius also nominated […]
Comment: The Alternative Investment Management Association On Hedge Fund Regulation
New York (HedgeCo.net) – The global hedge fund industry is not ‘un-regulated’ or lightly-regulated. Hedge fund managers are already rigorously regulated in all the main jurisdictions in which they operate, and significant new regulation is being introduced internationally. That’s according […]
Connecticut Hedge Fund Manager Charged By The SEC In $53 Million Fraud
New York (HedgeCo.net) – The SEC has obtained a court order freezing the assets of a Stamford, Conn.-based investment adviser and its principal, Francisco Illarramendi, charging that they misappropriated at least $53 million in investor funds and used the money […]