Category Archives: HedgeCo News

Hedge Fund Richie Capital Challenges Court’s Decision Against Victims Rights

New York (HedgeCo.net) – Hedge fund investment firm, Ritchie Capital Management, L.L.C., has filed a petition for a Writ of Certiorari (a formal written order seeking judicial review), asking the U.S. Supreme Court to review decisions of the Minnesota Federal District Court […]

Pay Survey Among Hedge Funds Predicts Consolidation

New York (HedgeCo.net) – Based on a 2010 survey and research series in the U.S. and Europe of human capital and pay practices in over 150 firms, three consultant firms MM&K (Europe Private Equity and Hedge Funds), Holt (U.S. Private […]

Hedge Fund Manager Raj Rajaratnam Appeal Blocked By Supreme court

New York (HedgeCo.net) – The US Supreme Court has rejected Raj Rajaratnam’s appeal. Rajaratnam, who co-founded hedge fund Galleon Management and Chiesi, a former trader with New Castle Funds, face up to 20 years in prison if convicted on the charges. Rajaratnam was taken […]

Most Innovative European Hedge Fund Award Goes To: Salus Alpha Event Driven Fund

New York (HedgeCo.net) – Salus Alpha Investment Group won the “Most Innovative Hedge Fund” award for their Salus Alpha Event Driven Fund at the European Fund of Hedge Funds 2010 Ceremony. The award ceremony was held at the Northumberland in London. […]

People Moves: Hedge Fund Highbridge Hires BlackRock’s Mark D’ Andrea

New York (HedgeCo.net) – Hedge fund Highbridge Capital Management announced that Mark D’Andrea will join the firm as Head of Global Institutional Business Development effective January 3, 2011. D’Andrea will be based in New York, responsible for leading the firm’s institutional […]

Hedge Fund Launch: GIM High Opportunity Forex Fund

Press Release – Global Investment Management, manager of the GIM Forex Program (Managed Accounts) announces the launch of a new Forex fund: the GIM High Opportunity Forex Fund, ISIN : BMG3032V2255. Goldman Sachs is providing the price feed ( liquidity […]

UCITS Hedge Fund Index down -0.14%.

New York (HedgeCo.net) – In November the UCITS Hedge Fund Index Global is down -0.21% bringing its year to date performance to 0.78% while the Fund of Funds Index is down -0.14% bringing its performance for the year to -0.92%. […]

Hedge Fund Lawyer Carlos Deupi Elected Chairman of The Miami Finance Forum for 2011

New York (HedgeCo.net) -The Miami Finance Forum (MFF), a non-profit trade association of investment and finance professionals in South Florida, today announced the election of Carlos Deupi as the MFF’s new Chairman. Mr. Deupi, a corporate lawyer at the law […]

Hedge Fund Manager Mueller Gets 40 Years, Elway Lost $15 Million

New York (HedgeCo.net) – Hedge fund manager Sean Mueller, who pleaded guilty last month to securities fraud and stealing $71 million from investors, was sentenced yesterday to 40 years behind bars. Mueller Capital’s Over-Under Fund raised more than $20 million from […]

Hedge Fund Industry’s Jingle Ball 2010 Sold Out

New York (HedgeCo.net) – The hedge fund community got together last night at New York’s Covet Lounge to celebrate the holiday season and give back at the Hedge Fund Industry’s Jingle Ball 2010. “We are bringing the hedge fund community […]

Trustee Seeks $9 Billion For Defendants In Madoff’s Hedge Fund Scam Case

New York (HedgeCo.net) – A Trustee for the liquidation of Bernard L. Madoff’s Investment Securities, Irving H. Picard, has filed a complaint in NY Bankruptcy Court alleging 24 counts of financial fraud and misconduct against HSBC. “All of the defendants […]

Hedge Fund Short Selling: Bloomberg Television Interview with Paolo Pellegrini

New York (HedgeCo.net) – Bloomberg Television’s Jon Erlichman spoke to Paolo Pellegrini, who formerly worked with hedge fund titan John Paulson.  Pelligrini says that bonds are trading at ridiculous levels and talks about what he has been concerned about most […]