Category Archives: HedgeCo News
UCITS Hedge Fund Database Launched
New York (HedgeCo.net) – Eurekahedge has launched a UCITS Hedge Fund Database and Index, covering 600 funds and representing more than $100 billion in assets. Overall assets in UCITS hedge funds edged up by nearly 15% since the start of […]
Alleged Mobster Charged In Staten Island Hedge Fund Fraud
New York (HedgeCo.net) – Nine more people have been charged in connection with the Gryphon Holdings Inc. case, where federal prosecutors allege a $20 million hedge fund scam, according to Staten Island Live (SIlive). Among the nine charged yesterday is […]
London Hedge Fund Trader Faces Jail Time
New York (HedgeCo.net) – A UK hedge fund trader pled guilty of conspiracy to commit insider trading in a London court yesterday, according to the Associated Press. Anjam Ahmad, 39, is out on bail but faces jail time. “I can […]
Hedge Fund Founder Gets Over 3 Years For Fraud
New York (HedgeCo.net) – The New York District Court has sentenced Alan Fishman to 37 months in prison for conspiring to commit securities fraud in a case involving hedge fund A.R. Capital Group Inc., which he founded. Daniel Ledven, also […]
UK Hedge Fund SRM’s Case Against Countrywide Dismissed
New York (HedgeCo.net) – London hedge fund SRM Global’s case against Countrywide Financial Corp, the mortgage lender acquired by Bank of America, was dismissed yesterday according to a Reuters article. The hedge fund alleged that Countrywide was “flying blind” and […]
Hedge Fund Valuation Tool Launched
New York (HedgeCo.net) – A pioneering tool for accurately valuing over-the-counter (OTC) and exchange-traded derivatives was launched today to hundreds of fund managers at the industry’s key annual conference in Monaco. SuperDerivatives (SD), the derivatives benchmark, announced the launch of […]
Bankrupt Mortgage Lender Charged In $1 Billion Misappropriation
New York (HedgeCo.net) – The Telegraph reports that Lee Farkas, the former head of bankrupt mortgage lender Taylor, Bean & Whitaker, has been charged with fraud in a scheme of over $1billion. In a 30-page indictment, Farkas is alleged to […]
SEC’s Review of Use of Derivatives In Hedge Funds To Be Discussed At NY Forum
New York (HedgeCo.net) – Golden Networking’s Derivatives Leaders Forum 2010, “Strategies for Increasing Profits under an Evolving Regulatory Framework” is being held, July 22nd in New York. The forum will feature a discussion on the Securities and Exchange Commission’s investigation […]
Dow Jones Adds Veteran Hedge Fund Manager to Investment Banking Team
New York (HedgeCo.net) – Dow Jones has added 17 year hedge fund veteran Michael White to their Investment Banker’s dedicated editorial team. The team provides opinion and analysis on global industries, including M&A, capital raising, regulatory changes, and venture-capital and […]
Hedge Fund Fraudster Claims Ties To Beer Baron Royalty
New York (HedgeCo.net) – Hedge fund manager Guy Albert de Chimay was arrested during the weekend in North Carolina and charged with securities fraud. Chimay, who claimed he was directly related to Belgian royalty (of the Chimay brewed by Trappist […]
UCITS Hedge Funds Still Up 0.8% After Week of Losses
New York (Hedge Co.net) – The UCITS Hedge Fund Strategy Index is still up by 0,08% in June 2010 (by business day 10, June 14th 2010) after a week full of losses. Out of the eleven strategies only two were […]
UPDATE: People Moves: Tim West Joins UK Hedge Fund as Deputy CEO
New York (HedgeCo.net) Tim West has joined £6 billion UK alternative investment manager Future Capital Partners, as its new Deputy Chief Executive. Tim joins from Babcock and Brown where he was Head of the London office and Chief Operating Officer […]