Category Archives: HedgeCo News

Hedge Fund Launch: GRT Capital Partners Introduces a Short-Only Healthcare Strategy

November 2, 2010 : Permalink

New York (HedgeCo.net) – Boston-based hedge fund manager GRT Capital Partners has launched a short-only healthcare strategy investing in the publicly traded securities of health care companies. The investment strategy will involve straightforward health care stock selection based upon detailed […]

Hedge Fund Fraud: Nicholson Gets 40 Years

November 1, 2010 : Permalink

New York (HedgeCo.net) – Hedge fund founder James Nicholson pleaded guilty to stealing up to $140 million in a Ponzi type scheme. He was sentenced to 40 years in prison on Friday by U.S. District Judge Richard Sullivan. The New […]

Hedge Fund Manager Chimay Charged Again In Bridge Loan Scheme

October 29, 2010 : Permalink

New York (HedgeCo.net) – New York hedge fund manager, Guy Albert de Chimay, who was arrested in North Carolina and charged with securities fraud this June has been accused of stealing an additional $690,000, according to Bloomberg. The New York […]

Japan Hedge Fund Launches China & India ETFs

October 29, 2010 : Permalink

New York (HedgeCo.net) – Japan hedge fund manager, Nikko Asset Management Co., Ltd. has launched three new exchange traded funds (ETFs) which began trading on 22 October 2010. With the addition of these three ETFs, Nikko AM has now a […]

2010 Lipper Hedge Fund Awards

October 28, 2010 : Permalink

New York (HedgeCo.net) – Thomson Reuters announced the winners of the 2010 Lipper Hedge Fund Awards, recognizing the hedge funds and funds of hedge funds that have returned exceptional and consistent performances relative to their peers. The top 5 in […]

Update: London Broker Dealer Trades $2.75 Billion In First Year

October 28, 2010 : Permalink

New York (HedgeCo.net) – London based distressed debt firm, Yorvik Partners LLP., has completed its first 12 months of operations having successfully traded $2.75 billion of distressed and esoteric credit products since its inception. “Whilst we thought there was a real […]

Hedge Fund Mergers & Acquisitions: Highbridge/Gavea

October 27, 2010 : Permalink

New York (HedgeCo.net) – Hedge fund owned by J.P. Morgan Asset Management, Highbridge Capital Management, has purchased a majority interest in Gávea Investimentos, a $6 billion Brazil hedge fund manager. Gávea was co-founded in 2003 by Chairman and Chief Investment […]

Soros Donates $1 Million to Help Legalize Marijuana

October 27, 2010 : Permalink

New York (HedgeCo.net) – Hedge fund maven George Soros, of Soros Fund Management, has given $1 million to California’s campaign to legalize marijuana, the Guardian reports. “I don’t believe in standing in the way of an avalanche,” Soros told the […]

SYZ & CO Launches Forex Hedge Fund

October 26, 2010 : Permalink

New York (HedgeCo.net) – Swiss banking group SYZ & CO has launched the OYSTER ForExtra Yield EUR, a new sub-fund of its OYSTER Funds SICAV. There are five currencies selected for trade, the Brazilian real, the Indian rupee, the Polish […]

Hedge Fund Launch: $1 Billion Edoma Capital

October 26, 2010 : Permalink

New York (HedgeCo.net) – Pierre-Henri Flamand, a former co-head of a Goldman Sachs Group Inc. planning to raise more than $1 billion in the largest global hedge fund launch in 2010, the Wall Street Journal reports. The London-based hedge fund, […]

Hedge Funds and Social Media

October 25, 2010 : Permalink

New York (HedgeCo.net) – According to an annual survey conducted by BNY Mellon, Global Trends in Investor Relations, publicly traded companies are managing their IR practices – from guidance and disclosure policies to sell-side approaches and growing interest in social media […]

Hedge Fund Fraud: Nadel Sentenced To 14 Years

October 22, 2010 : Permalink

New York (HedgeCo.net) – Florida hedge fund manager Arthur Nadel was sentenced to 14 years at the same prison where Bernie Madoff is serving his 150 year sentence. Nadel’s lawyer argued for five years because of his client’s heart condition, […]