Category Archives: HedgeCo News

Hedge Fund Regulators Turn Up The Heat

January 27, 2010 : Permalink

New York (HedgeCo.net) – FINRA and the SEC have recently issued statements and taken bold steps to put the industry on watch, hedge fund compliance consulting firm, FrontLine Compliance, LLC., reports. FINRA is now being more active with exams, document […]

SEC Wants Hedge Fund Founder Rajaratnam To Hand Over Wiretap Evidence

January 26, 2010 : Permalink

New York (HedgeCo.net) – Because of legal hurdles in obtaining 14,000 wiretap intercepts, the SEC asked a judge to order hedge fund founder Raj Rajaratnam to share the intercepts that his lawyers got from federal prosecutors, Bloomberg reports. “Defendants have […]

Investment Team Launches Range of Hedge Funds in London & Hong Kong

January 25, 2010 : Permalink

New York (HedgeCo.net) – A team led by investment management specialists, Anders Jacobsen and Paul Thompson have launched Galileo Capital Management, a global hedge fund investment management and advisory firm with operations in London and Hong Kong. Galileo Capital Management […]

Investor Commitment to Hedge Funds Comes With Rising Expectations – Report

January 25, 2010 : Permalink

New York (HedgeCo.net) – A new white paper published by the SEI Knowledge Partnership in collaboration with Greenwich Associates, reports that  transparency and liquidity risk have surpassed poor performance as the top concerns for institutional investors investing in hedge funds. […]

The Real Opportunities Behind Self-Directed IRAs: Dream Homes, Businesses and Roth IRA Tax Breaks

January 22, 2010 : Permalink

New York (HedgeCo.net) – Jaime Raskulinecz, a longtime real estate investor, founded Entrust Northeast, LLC., as a means of combining her avid interest in buying rental properties while also building a productive business opportunity. “I founded Entrust Northeast after struggling […]

Hedge Fund Technology Specialist GlobeOp Celebrates its 10-year Anniversary

January 22, 2010 : Permalink

New York (HedgeCo.net) “When you start a new business you need a great idea, hard work and a little luck,” said Hans Hufschmid, CEO of GlobeOp. “GlobeOp launched at the beginning of one of the hedge fund industry’s fastest growth […]

Hedge Fund Ponzi Scammer’s Company Sold by Court

January 22, 2010 : Permalink

Nnew York (HedgeCo.net) – The director of South American Development Corporation (SADC), Jerry Gillman, has purchased Home Front Homes LLC, a Structural Insulated Panel manufacturer located in Englewood Florida. In 2006, Art Nadel using a hedge fund Ponzi scheme ended […]

Toscafund official: Reports of London’s as hedge fund epicenter are overstated

January 21, 2010 : Permalink

According to a story published in the Financial Times, not everyone believes that London’s status as an international financial center is in jeopardy. In fact, despite the defections of well-known funds BlueCrest Capital and Brevan Howard in recent months, not […]

Hedge Fund Center Hit By 5.8 Quake

January 20, 2010 : Permalink

New York (HedgeCo.net) – The Cayman Islands were hit by a 5.8 magnitude earthquake Tuesday at 9:23 am ET, the earthquake took place 30 miles southeast of Grand Cayman Island. The major offshore hedge fund center in the Caribbean maintains […]

Hedge Funds Gain $4.6 Billion In Jan 2010 – New Launches

January 20, 2010 : Permalink

New York (HedgeCo.net) – The January 2010 Eurekahedge Report found that global hedge fund industry gained $4.6 billion since December 2009. Hedge funds recovered from their record losses in 2008 as stimulus packages by governments around the globe helped stock […]

Students Keen to Work for Hedge Funds – LSE Head Hunting Conference

January 19, 2010 : Permalink

New York (HedgeCo.net) – Despite the fact that the global economy and the financial markets are still recovering from the crisis, interest in hedge funds from the cream of the crop of universities and business schools worldwide is stronger than […]

UCITS III Compliant Fund of Hedge Funds Launched By HSBC

January 18, 2010 : Permalink

New York (HedgeCo.net) – HSBC has launched a Sterling Class of its HSBC UCITS AdvantEdge fund of hedge funds. The Fund will comply with the new ‘reporting’ tax regime for offshore funds, allowing UK investors to be taxed at capital […]