Category Archives: HedgeCo News
Hedge Fund Expert To Launch a Quant Equity Market Neutral Fund
New York (HedgeCo.net) –CEO at QuantZ Capital Management, Milind Sharma, is in the process of launching his own hedge fund, sources say. The hedge fund manager is reportedly in talks to raise $500 million for the QuantZ Quark Market Neutral […]
Over Half a Billion Dollars Advanced to Madoff Customers
New York (HedgeCo.net) – The total amount of Securities Investor Protection Corporation (SIPC) advances committed to customers in the Securities Investor Protection Act (SIPA) liquidation proceeding for Bernard L. Madoff Investment Securities LLC (BLMIS) has topped half a billion dollars […]
BNY Mellon Wins Hedge Fund Admin. Award
New York (HedgeCo.net) – BNY Mellon was one of eight industry-leading companies to be nominated for the honor as part of HFMWeek’s 2009 U.S. Service Provider Awards, which were presented in New York on October 22. BNY Mellon’s Alternative Investment […]
OakRun Hedge Fund Registers in Singapore
New York (HedgeCo.net) – Hedge fund manager OakRun Capital celebrated their one year anniversary at the same time as registering its flag ship fund OakRun Income Plus Fund with Monetary Authority of Singapore (MAS). Through a distribution partnership in Asia, […]
Hedge Funds Given One Year To Register With SEC
New York (HedgeCo.net) – The House Financial Services Committee yesterday said that hedge-fund managers and private-equity managers would be given a one-year transitional period before being required to register with the SEC and be subject to disclosure requirements to investors […]
UK Hedge Funds Care Hosts Art Auction – Picasso, Dali, Matisse and Chagall
New York (HedgeCo.net) – Hedge Funds Care is holding its fifth London black tie event in Whitehall, London, on 3 December 2009. Esther Rantzen CBE, veteran journalist and TV presenter as well as founder of ChildLine has agreed to become […]
logi Energy Determines Saudi Oil Production Has Peaked
New York (HedgeCo.net) – In a discussion with Jim Puplava, FS Radio, Jeffrey Brown described his analytical work with Dr. Samuel Foucher, also part of logi Energy, where they determined that annual production in Saudi Arabia has never exceeded the […]
Hedge Fund Shareholder Appointed To Legg Mason’s Board Of Directors
New York (HedgeCo.net) – $703 billion global asset management firm, Legg Mason, announced today that an outstanding shareholder, hedge fund manager Nelson Peltz, will be elected to the Company’s Board of Directors, Peltz is Chief Executive Officer and a founding […]
UPDATE: New Hedge Fund To Benefit From Offshore Tax Changes
New York (HedgeCo.net) – Two UK hedge fund managers have timed the launch of their new hedge fund so that investors subscribing before 1 December will see their returns subject to Capital Gains Tax rather than income tax ahead of […]
Hedge Fund Broker Dealer Expands With Hires of Jennifer Bloom and Catherine Wagner
New York (HedgeCo.net) – Broker dealer BTIG LLC, has expanded its Capital Introduction team with the addition of Jennifer Bloom and Catherine Wagner as Vice Presidents to help drive the firm’s services to its Prime Brokerage and Outsource Trading clients. […]
Rajaratnam Out On Bail, Winds Down Hedge Funds In Letter to Clients
New York (HedgeCo.net) – In a letter first made public by Reuters today to Galleon employees and clients, Raj Rajaratnam, who has been released on bail, said “I have decided that it is now in the best interest of our […]
Speculation Over Hedge Fund Manager’s Downfall In Full Swing
New York (HedgeCo.net) The Galleon scandal is raging full force, with Raj Rajaratnam’s global hedge funds under a microscope. Supervising the case is U.S. District Court Judge Jed S. Rakoff, who’s ruling on the Merrill Lynch/BofA case, earned him the […]