Category Archives: HedgeCo News

“Hedge Fund Manager” on the Run From FBI Arrested in Poland

New York (HedgeCo.net) – An American fugitive, Alexsander Efrosman, also known as Alex Besser, has been arrested in Krakow, Poland, the Associated Press reports. The Polish police arrested the Staten Island “hedge fund manager”, who is wanted by the FBI […]

Hedge Fund Nominees Wanted: 40 Under 40

New York (HedgeCo.net) – Nominations are now being accepted by for candidates for the 2010 40 Under 40 M&A Advisor Recognition Awards. Investment Banking, Private Equity, Hedge Fund, Law, Valuation and Research, among others, are on the list of professional […]

Citigroup Hedge Fund Investors Awarded 100% Return on Losses

New York (HedgeCo.net) – Investors in Citigroup’s fixed-income municipal arbitrage hedge fund have been awarded over $550,000 by the Financial Industry Regulatory Authority (FINRA). The Wall Street Journal reports that the MAT 3 Municipal Arbitrage Fund was “a risky investment […]

UCITS Funds of Hedge Funds Monitor Launched

New York (HedgeCo.net) –  Investment manager Northern Trust is enhancing its hedge fund monitor with a new compliance module designed to support the demands of Undertakings for Collective Investment in Transferable Securities (UCITS) funds of hedge funds. “Our latest hedge […]

People Moves: Insparo Expands MENA Hedge Fund Team

New York (HedgeCo.net) – UK-based limited liability investment group, Insparo Asset Management, has appointed Man Investments’ Emma Robinson as Investor Relations Manager to the Africa and Middle East Fund, which has returned over 45% since the start of 2009. The […]

Survey: Hedge Funds & FoHFs Expect Competition

New York (HedgeCo.net) – International hedge fund advisory firm, Rothstein Kass, released a survey report “A Call to Action” on key trends impacting the fund of funds sector. Findings suggest that the hedge fund industry expects intense competition for investment […]

Hedge Fund Adviser & Politician Charged in Fraud Case

New York (HedgeCo.net) – Hedge fund adviser Kenneth Starr has been charged with investment fraud in an alleged $30 million scheme in which Andrew Stein, a former New York City politician, has also been described as an “associate”, the Wall […]

April: “A solid month for hedge funds”

New York (HedgeCo.net) – Single-strategy hedge funds saw overall inflows of $2.7 billion in March, bringing flows into positive territory for the year of approximately $835 million through the first quarter, Morningstar, a leading hedge fund database reports. “April was […]

Hedge Funds Tip-off FBI in Disney Debacle

New York (HedgeCo.net) – In what looks like an muddled attempt at insider trading, a Disney press office secretary was accused of trying to sell Disney’s quarterly figures three days before they were due to be announced, TimesOnline reported. It […]

How will hedge fund regulation affect the global marketplace

New York (HedgeCo.net) – Total hedge fund assets under management on a global basis are estimated at $2,700 billion according to a survey of custodians and administrators. Renowned hedge fund lawyer, Michael Tannenbaum, believes that hedge fund regulation needs some […]

Review: Texas Hedge Fund Roundtable

New York (HedgeCo.net) – Hedge fund industry publisher Opalesque has launched the 31st issue in a series of regional roundtable forums – the inaugural Opalesque Texas Roundtable. Keynote speaker, Kyle Bass, one of the handful money managers who correctly identified […]

Survey: Hedge Fund Managers Ride Social Media Wave

New York (HedgeCo.Net) – Financial services professionals are using social media platforms like Blogger, Facebook, Twitter and LinkedIn, despite oft-cited concerns over running afoul of FINRA regulations over allowable communications, according to a survey by SEC-registered investment advisory firm, Horizon […]