Category Archives: HedgeCo News
Regulatory Hedge Fund Reform Measures Gain Momentum
New York (HedgeCo.net) –Regulatory hedge fund compliance consulting firm, FrontLine Compliance LLC, sent out an alert announcing that the House Financial Services Committee has taken the first official steps toward actual financial regulatory reform. The Committee approved three bills that […]
Manhattan Attorney Charges 14 With Over $20 Million in Hedge Fund Insider Trading
New York (HedgeCo.net) – Allegations against 14 Wall Street professionals have emerged from the SEC’s ongoing investigation of insider trading at hedge funds and stock trading firms. The charged defendants include hedge fund managers and trading firm executives, lawyers and […]
Hedge Fund Registration is Likely to be Required by the End of 2009 – How to Prepare Your Fund
New York (HedgeCo.net) – There are currently several proposals on the floor of Congress that would affect the future of hedge fund regulatory requirements. The proposals call for increased transparency and accountability of hedge funds in a governmental mission to […]
Weston Capital Management and Harcourt AG Launch an Incubation Joint Venture Hedge Fund
New York (HedgeCo.net) – Independent alternative investment group, Weston Capital Management LLC and Zurich-based Harcourt Investment Consulting AG, have joined in a strategic alliance to seed and develop new hedge fund businesses via Weston Capital’s incubation platform. The alliance will […]
Close of $12.2 Million Financing For Renewable Hedge Funds
New York (HedgeCo.net) – Renewable Funding, a U.S. financier of Property Assessed Clean Energy (PACE) programs, announced the close of a $12.2 million Series A round of financing. The investment was led by NGEN Partners LLC and Draper Fisher Jurvetson. […]
[REVISED] SEC Appoints Multi-Billion Hedge Fund Manager As Lead NY Examiner
New York (HedgeCo.net) – The SEC has appointed hedge fund veteran Norm Champ as Associate Regional Director for Examinations in the agency’s New York Regional Office (NYRO). Beginning in January, Champ will direct a staff of approximately 100 accountants and […]
Historical Performance of Hedge Funds in Down Markets
New York (HedgeCo.net) – Addressing the rising concern among investors that the financial markets are due for a near term correction, Charles Gradante, Co-Founder of the Hennessee Group, said, “With the equity markets up over +50% since the lows reached […]
New Position At BNY Mellon Highlights Growth Of Their Hedge Fund Administration Business
New York (HedgeCo.net) – Brian Ruane has been appointed to the new position of Chief Executive Officer of Alternative Investment Services (AIS) at $200 billion hedge fund administrator, BNY Mellon Alternative Investment Services. “Brian’s experience and leadership will help us […]
Northern Trust Named Best Overall Hedge Fund Administrator
New York (HedgeCo.net) – Northern Trust has been named the Best Overall Hedge Fund Administrator by HFMWeek in the magazine’s inaugural U.S. Service Provider Awards. The awards recognize companies that have outperformed their peers during 2008-2009 and demonstrated financial progress, […]
Hedge Fund Specialists Man Investments and Credit Suisse Launch Joint Offering
New York (HedgeCo.net) – Man Investments and Credit Suisse are launching a managed accounts initiative in response to investors’ increased demands for transparency, liquidity and control. The new initiative brings together Man’s extensive managed accounts platform and portfolio management expertise […]
Swiss Hedge Fund Discloses Portfolio Holdings
New York (HedgeCo.net) – ALTIN AG, the Swiss alternative investment company listed on the London and Swiss stock exchanges, is pursuing its policy of greater transparency to investors initiated in March by disclosing its entire portfolio holdings. The portfolio, featuring […]
Mohican Receives 2009 Lipper Hedge Fund Award
New York (HedgeCo.net) – Mohican VCA Fund, LP has received the 2009 Lipper Hedge Fund award for Best Hedge Fund in Convertible Arbitrage. The award is based on portfolio performance of convertible arbitrage funds over a period of three years […]