Category Archives: HedgeCo News

Hedge Fund Broker Lighthouse Suspends Trading Activities

New York (HedgeCo.net) – New York-based Lighthouse Financial Group has suspended their trading activities until further notice, effective August 3rd 2010, according to the hedge fund brokers’ website. Lighthouse became a subsidiary of Lighthouse Global Partners, LLC in 2005, the […]

Hedge Fund Association To Sponsor AT&T Cycling Championship

New York (HedgeCo.net) – The AT&T USA Cycling Professional Criterium National Championship at the Glencoe Grand Prix is being sponsored this year by The Hedge Fund Association, a not-for-profit international educational and philanthropic group. The race will be be held […]

U.S. Hedge Fund Reform: Investor Protection Provisions

New York (HedgeCo.net via. Eisner LLP)- On July 21, 2010, after a legislative process that included intensive lobbying by influential interest groups and a partisan minority, President Obama signed into law H.R. 4173, the Dodd-Frank Wall Street Reform and Consumer […]

People Moves: Hedge Fund Specialist Takes Position at $3 Billion Arts Foundation

New York (HedgeCo.net) –  Marc A. Schwartz has been named chief investment officer of The Broad Foundations’ $3 billion portfolio, working closely with philanthropist and founder Eli Broad. The Broad Foundations were established to advance entrepreneurship for the public good […]

Hedge Fund Verno’s Quarterly Review of the Russian Economy

New York (HedgeCo.net) – In its Quarterly Review of the Russian Economy, hedge fund Verno Investment Management mapped out some of the forces that suggest that the macroeconomic picture continues to show signs of gradual improvement. Recent economic numbers indicate […]

Guilty Plea From Hedge Fund Manager In University Ponzi Scheme

New York (HedgeCo.net) – Former hedge fund manager Paul R. Greenwood pled guilty to criminal charges involving a Ponzi-esque scam in which he is alleged to have cheated millions from four university endowments. The Chronicle For Higher Education reports that […]

Research: Secondary Hedge Fund Market Rebounds

New York (HedgeCo.net) – The average price for assets on the secondary hedge fund market rose to 78% after shaking off some of the fallout from May’s European debt crisis, according to Hedgebay’s June Index. Investors’ confidence was shaken by […]

Hedge Fund Seeding Arm Of FRM Teams Up With Varna Capital

New York (HedgeCo.net) – The hedge fund seeding division of Financial Risk Management (FRM), and Varna Capital LLC (Varna) have formed a strategic relationship which involves FCA making a significant investment in Varna’s first fund. Varna is a newly formed […]

SEC Pays $1 Million To Hedge Fund Whistleblowers

New York (HedgeCo.net) – Based on the new Dodd-Frank Act that was just signed into law last week by President Obama, new legislation allows the SEC to award huge sums to whistleblowers in insider-trading cases such as the one against […]

SEC Seeks Comments on Hedge Fund Regulation Under the Dodd-Frank Act

New York (HedgeCo.net) – The SEC has opened a page for investors and hedge fund managers to make their opinions and views known on Dodd-Frank Wall Street Reform and Consumer Protection Act before official comment periods are opened. “The Commission […]

Hedge Fund Moves: SYZ & CO’s Expansion in Asia – Daniel Ghirardi as CEO for Asia.

New York (HedgeCo.net)  – The Swiss banking group SYZ & CO is continuing its expansion in Asia by extending the operations of its Hong Kong office. In addition to alternative asset management – which has been available since January 2007, […]

Hedge Fund Study: Managers See Credit Crisis Winding Down

New York (HedgeCo.net) – Approximately one-third of private equity firm managers believed that the credit crisis was resolved in 2009, while an additional 10 percent predicted that market weakness would dissipate before the second half of this year. In total, […]