Category Archives: HedgeCo News
Fictional Trading Experts Charged in NY Hedge Fund Scam
New York (HedgeCo.net) – The SEC has charged the self-proclaimed, “Wolves of Wall Street,” a Staten Island investment advisory firm, with operating an Internet-based scam that misleads investors into paying fees for phony stock tips and investment advice from fictional […]
OM Global Hedge Fund Launch
New York – (HedgeCo.net) – Traditional and alternative asset managemer, OM Investment Management has launched a new hedge fund, the OM Global Investment Fund. Launched on April 1, 2010, the new hedge fund expects to raise $50 million by June, […]
Hedge Fund Manager Released On Bail in Texas/Canada/China Investment Fraud Case
New York (HedgeCo.net) – Weizhen Tang was jailed in mid-January this year on the charges of running a multi-million dollar Ponzi scheme. The SEC said that the defendant orchestrated the fraud through an overseas hedge fund and a Texas-based investment […]
SYZ & CO Acquires State Street’s Swiss Institutional Funds
New York (HedgeCo.net) – The Swiss banking group SYZ & CO today announced that it has signed an agreement with State Street Global Advisors (SSgA) for the transfer to SYZ & CO of SSgA’s Zurich-based institutional Swiss fixed income activities. […]
Sadis & Goldberg Congratulates SkyBridge Capital on Purchase of Citigroup’s Hedge Fund Business
New York (HedgeCo.net) – When SkyBridge Capital announced the purchase of Citigroup’s Hedge Fund Business on April 14, Paul Fasciano, who headed up the acquisition team from Sadis & Goldberg, stated. “We are pleased that SkyBridge selected us to represent […]
FBI: “Hedge Fund Hotel” Manager Arrested For $1.6 Million Fraud
New York (HedgeCo.net) – Hedge fund manager and owner and President of New York Financial Company (NYFC), was arrested in an FBI operation on allegations of wire and hedge fund fraud in an alleged $1.6 million investment fraud scheme, according […]
People Moves: UK Hedge Fund Provider Beefs Up Tax Offering
New York (HedgeCo.net) – Throgmorton, one of the UK’s largest specialist accountancy and professional services providers to the hedge fund, private equity and corporate finance industries, has added two senior tax industry practitioners to its growing team. The company also […]
Centaur Group Launches Sports Betting Hedge Fund
New York (HedgeCo.net) – Hedge fund Centaur Group has launched the Centaur Galileo fund in London, investing in football (soccer), tennis and horse racing, The Los Angeles Times reported on Sunday. The hedge fund claims to have a number-crunching betting […]
Hedge Funds up 3.09% for the First Quarter of 2010
New York (HedgeCo.net) – Final performance for the Credit Suisse/Tremont Hedge Fund Index (“Broad Index”) is confirmed up 2.22% in March. “The Credit/Suisse Tremont Hedge Fund Index returned 2.22% in March, finishing the first quarter of 2010 up 3.09%.” Oliver […]
SEC Actively Recruiting Hedge Fund Managers
New York (HedgeCo.net) – Bloomberg reports that hedge fund managers are being recruited by the SEC to boost oversight of the $14 trillion hedge fund industry. “The fund world has become much more sophisticated and complex over the last decade,” […]