Category Archives: HedgeCo News

Hedge Fund Launch: AQR Risk Parity Fund

New York (HedgeCo.net) – Market-neutral hedge fund management firm, AQR Capital Management (AQR), announced the launch of AQR Risk Parity Fund, the newest addition to its mutual fund family. The new no-load mutual fund, open to retail and institutional investors, began […]

Hedge Fund Launch: Javelin Capital Global Equity Strategies Fund

New York (HedgeCo.net) – Recently authorised investment management firm, Javelin Capital, launched its first hedge fund, the Javelin Capital Global Equity Strategies Fund on October 1st 2010, with seed capital of $31 million. The fund will take long and short […]

Another Goldman vs. Hedge Fund Lawsuit

New York (HedgeCo.net) – Hedge fund Dodona I LLC., has filed a class action suit against Goldman Sachs and seeks damages.  The hedge fund is said to have invested four million dollars in securitized mortgage loans (CDO) under the name Hudson Mezzanine, […]

AllianceBernstein Acquires SunAmerica’s Hedge Fund Group

New York (HedgeCo.net) – Global investment management firm AllianceBernstein L.P. has acquired SunAmerica’s alternative investments group, a team that manages a portfolio of hedge fund and private equity fund investments. “We are pleased to add to our alternative investment capabilities this exceptional […]

Hedge Fund Moves: German Nanotech Investor Prepares for ADR trading in the US

New York (HedgeCo.net) – Hedge fund investor Nanostart AG is making preparations for ADR trading in the United States, which is scheduled to begin in October. Bank of New York Mellon (BNYM), one of the world’s largest depositary banks, is […]

Bell gets 5 years for Involvement in Petters Hedge Fund Ponzi Scheme

New York (HedgeCo.net) – Former hedge fund manager Greg Bell was sentenced yesterday to to six years in federal prison, five after time seved. Through his Chicago hedge fund, Lancelot Investment Management, Bell is accused of helping prop up the […]

Processing of Syndicated Bank Loans For Hedge Funds

New York (HedgeCo.net) – Hedge fund administration giant Northern Trust has made available the processing of syndicated bank loans in its automated solutions for clients with Markit WSO Services. Syndicated bank loans are a non-standard alternative asset class that is […]

Hedge Fund Launch: UCM Union Delta Fund

New York (HedgeCo.net) – Long/short equity hedge fund Union Capital Management (UCM) has launched the UCM Union Delta Fund today, Oct 1st, 2010. With J.P. Morgan as prime broker and cash manager, the new fund is run by Chief Investment […]

Hedge Fund Apex Expands To Toronto

New York (HedgeCo.net) – Apex Fund Services is expaning it’s North American hedge fund administration services and client base with the opening of its Canada office in Toronto. Apex Fund Services (Canada) Ltd will be managed and run by Alex […]

People Moves: Barclays Wealth Expands US Team With Major Hedge Fund Hires

New York (HedgeCo.net) – Global $232 billion hedge fund manager Barclays Wealth has hired fourteen new investment representatives in it US branch offices. In Miami, Tony Esses joins as a Director and Investment Representative after 24 years at HSBC Private. […]

Year End Advisory: Hedge Fund Tax Planning

New York (HedgeCo.net) – As 2010 begins to wind down, this is an opportune time not only to launch 2011 planning, but also to review legislation and amendments that may impact hedge funds, their managers, and their investors.  These considerations include […]

Hedge Funds Provide Biofuel Company With Bridge Loan

New York (HedgeCo.net) – Hedge funds Third Point and Greenlight Capital have made a short-term loan of $19.4 million to BioFuel Energy Corp., in which they hold shares, MarketWatch reports. With a 12.4% interest rate, a 4% fee and and […]