Category Archives: HedgeCo News

Hedge Fund People: MFF Appoints Raul Valdes-Fauli, Louis Jolivert & Hank Klein

New York (HedgeCo.net) –  Private equity, hedge fund and venture capital association, the Miami Finance Forum, Inc., (MFF) announced the appointment to their Board of Directors of Raul Valdes-Fauli, South Florida President of CNL Bank, Louis Jolivert, Vice President at BNY […]

Hedge Fund Managers Agree To Testify Against Rajaratnam In Exchange For Leniency

New York (HedgeCo.net) – Two ex-Galleon hedge fund managers pleaded guilty yesterday to insider trading. Adam Smith agreed to testify against Galleon hedge fund founder Raj Rajaratnam in exchange for protection from prosecution for other crimes. Michael Cardillo also pleaded […]

Hedge Fund People: BNY Mellon Names Alan Flanagan Head of Global Product Management

New York (HedgeCo.net) – Hedge fund service provider with more than $350 billion in assets, BNY Mellon Alternative Investment Services (AIS),  has named Alan Flanagan as head of global product management. “The alternatives industry will see continued progress in 2011 and […]

Investor Fraud Task Force Snags More “Hedge Fund Managers”

New York (HedgeCo.net) – New Jersey hedge fund manager Robert J. Sucarato has entered a guilty plea in connection with a $1.6 million investment fraud scheme, Sucarato is President of the New York Financial Company (NYFC), the Westmoreland Times reported […]

Hedge Funds Increase 19.7% to $2.98 Trillion

New York (HedgeCo.net) – Combined alternative assets under administration (AUA), covering hedge funds, fund of funds, and private equity have risen to $4.82 trillion, according to new Opalesque research. Single manager hedge fund AUA increased 19.7% to $2.98 trillion, and fund […]

Cyber Security & Hedge Funds

New York (HedgeCo.net) – With details trickling in about how the sophisticated Stuxnet computer worm derailed years of work on Iran’s nuclear program, many seasoned observers are left to wonder what might happen if such a powerful weapon were ever […]

Morningstar Predicts Hedge Fund Takeover Candidates

New York (HedgeCo.net) – Independent hedge fund research firm, Morningstar, Inc., has published its Merger and Acquisition Outlook for 2011, identifying the 100 most likely takeover candidates across Morningstar’s equity coverage universe. “While global merger and acquisition activity has been […]

Tenacious Contacts Lead To $1 Billion International Hedge Fund & Loan Scam

New York (HedgeCo.net) – The founder of Hong Kong-based hedge fund consultancy company and New York lawyer has been linked to two Liechtenstein businessmen recently fined $157 million each for their part in a US loan scam, according to The […]

100 Women in Hedge Funds Mark Tenth Anniversary

New York (HedgeCo.net) – 100 Women in Hedge Funds (100WHF) announced the launch of its year-long 10th anniversary celebration with events at several of the world’s leading stock exchanges. Today, January 24th, 100WHF members will gather in New York, London, […]

Fund Of Hedge Fund Launch: The Miles Howland Socially Responsible Investment Fund

New York (HedgeCo.net) – Miles Howland & Co. LLC is developing a new fund of hedge funds that focuses on the socially responsible investment (SRI) area, the Miles Howland Socially Responsible Investment Fund. The new FoHF will allocate capital to […]

Mutual Fund That Acts Like a Hedge Fund Launched by Frost Advisors

New York (HedgeCo.net) – Texas-based Frost Investment Advisors has launched the Frost Diversified Strategies Fund (FDSFX), providing investors access to alternative investment management strategies previously available to hedge fund and private equity fund investors. “The Frost Diversified Strategies Fund is […]

Chiesi Pleads Guilty Ahead Of Rajaratnam/Galleon Hedge Fund Trial

New York (HedgeCo.net) – Danielle Chiesi has pleaded guilty at a plea proceeding in U. S. District Court located in New York. She was accused of receiving insider information worth $1.7 million from Robert Moffat, Jr., who also pleaded guilty in […]