Category Archives: Press Releases

Macquarie Funds Group Grows Global Fund-Linked Derivatives Business

New York (HedgeCo.net) – Macquarie Funds Group, the asset management arm of Macquarie Group, announced the appointment of Pratap Dasgupta as a Managing Director in its fund-linked derivatives business, based in New York. The hiring of Mr. Dasgupta follows the […]

Geneva Hedge Fund Outperforms Swiss Equity Market

New York (HedgeCo.net) – The DM Swiss Equity Asymmetric Fund completed it’s 2nd successful year of operation at the end of November 2009. The hedge fund outperformed the Swiss Equity market by more than 17% p.a. during that time. Managed […]

Ghahramani Launches Hedge Fund Trading Firm

New York (HedgeCo.net) – Sassan Ghahramani announced the official launch of SGX Advisors, a foreign exchange and global macro intelligence and trading firm for hedge funds, asset managers, and policy makers. “We are living in a world where a Dubai […]

Merchant Capital to Launch Hedge fund UCITS Platform

New York (HedgeCo.net) – Merchant Capital Ltd. is to launch a UCITS III umbrella structure that will provide hedge fund managers, including small to mid-sized firms, with a cost effective vehicle for running their own UCITS III funds. Historically, it […]

Centrecourt Asset Management to Launch Distressed/Credit Opportunites Fund

New York (HedgeCo.net) – Centrecourt Asset Management is in the process of launching The CAM Distressed/Credit Opportunities Fund. This is the third fund formed by Centrecourt Asset Management LLC, a registered investment advisory firm, which has managed approximately $500 million […]

Merlin Securities Launches 24-Hour International and Domestic Trade Coverage

New York (Press Release) Merlin Securities, a leading prime brokerage services and technology provider for hedge funds and managed account platforms, today announced that it has expanded its trading capabilities to include 24-hour international and domestic coverage. Troy Prince and […]

2009 ICFA Hedge Fund Awards

New York (HedgeCo.net) The winners of the 2009 International Custody and Fund Administration (ICFA) Awards were announced on 25th November, 2009 at Grosvenor House, London. Point Nine, hedge fund middle and back office services won the award for Most Innovative […]

FINRA Fines Mini-Prime for Soft Dollar Practices

New York (HedgeCo.net) – The Financial Industry Regulatory Authority, which oversees broker-dealers, sanctioned and fined Terra Nova Financial, a mini-prime broker, and some of its employees for making improper soft dollar payments on behalf of hedge fund managers. FINRA found […]

FINRA Fines Terra Nova Financial $400,000; Firm Made Over $1 Million in Improper Soft Dollar Payments

New York – The Financial Industry Regulatory Authority (FINRA) today announced that it has fined Terra Nova Financial, LLC, of Chicago, $400,000 for making more than $1 million in improper soft dollar payments to or on behalf of five hedge […]

Insparo Expands Africa Emerging Markets Fund

New York (HedgeCo.net) – UK-based emerging markets hedge fund firm, Insparo Asset Management has expanded their Africa & Middle East Fund with the appointment of Jamie Allsopp. Jamie has a strong background in fund management and African markets, garnered during […]

[Updated] Russian Hedge Funds lead the way in October

New York (HedgeCo.net) – Russia lead the way in October reporting gains of 4.16% in October. Emerging markets total index grew 1.55% in October and is up 36% this year. Latin America rose 2.18% for the month and Asia, excluding […]

Hedge Fund Association “Speak Up” Gains Traction on Capitol Hill

Washington, DC – November 9, 2009 – The Hedge Fund Association, HFA, today announced progress on its “Speak Up” campaign, which seeks to ensure that regulation of the hedge fund industry meets government concerns without imposing over-reaching, broad measures that […]