Tag Archives: hedge funds
A test case for Wall Street justice
CNN Money – Ralph Cioffi and Matthew Tannin, both former hedge fund managers at Bear Stearns, are accused of painting a rosy picture of their portfolios, even though “the defendants believed that the funds were in grave condition and at […]
Hedge Fund Manager Blocked From Bidding On Newspaper
New York (HedgeCo.net) – Hedge fund manager Thane Ritchie announced that he has been wrongly blocked from meeting with The Chicago Newspaper Guild and developing a coalition offer to buy the Sun-Times Media Group. A Chicago Newspaper Guild representative stated […]
Asian Hedge-Fund Assets to Double on New Money
Bloomberg – Asian hedge funds will attract a “wave” of new money that could more than double the industry’s assets from its peak of $250 billion as the region leads the world’s emergence from the deepest recession since World War […]
JP Morgan Private Bank sees hedge funds comeback
Reuters – Wealthy clients believe the worst of the crisis is probably over and have started to come back to higher-risk assets such as hedge funds, a top banker at JP Morgan Private Bank said on Wednesday. Felipe Godard, Head […]
Recovery landscape brightens for F&C partner
Reuters – Francois Barthelemy has had a tough year. The F&C Partners manager saw assets under management in his hedge funds slump by 80 percent as the financial crisis gripped, and revived performance is yet to bring new inflows. Speaking […]
Congress told venture capital firms need oversight
Reuters – U.S. hedge funds and private equity firms told Congress on Tuesday that all advisers to private pools of capital should be subjected to the same level of federal scrutiny, including those managing venture capital funds. A draft U.S. […]
U.K. Church Is Unlikely Defender of Hedge Funds
WSJ – The Church of England has emerged as an unlikely defender of the hedge-fund industry against the prospect of new regulations from the European Union. Only last year, the Archbishop of York was calling hedge funds “bank robbers” for […]
People Moves: Ms. Sandra Urie Appointed to 100 Women In Hedge Fund’s Board
New York (HedgeCo.net) – Ms. Sandra A. Urie has been appointed to the board of 100 Women In Hedge Funds, further augmenting the organization’s network. Ms. Urie is the President and Chief Executive Officer of Cambridge Associates LLC, a global […]
Hollywood studios in midst of their own horror show
Los Angeles Times – In the decade’s early years, high-net worth individuals and cash-flush hedge funds poured billions into Hollywood, backing independent productions and co-financing big-budget popcorn movies. But as those investors lost fortunes in the markets (and, too often, […]
Sheila Bair Wants To Shut Down Hedge Funds, Too
The Business Insider – FDIC Chairman Sheila Bair wants to end the too big to fail concept and extend the proposal to create the authority to shut down failing systemically important financial firms to insurers and hedge funds. No one […]
Venture capitalists not treated as hedge funds under House bill
The Hill – Venture capitalists breathed a collective sigh of relief Thursday when a proposal from the House Financial Services Capital Markets Subcommittee did not seek to treat them like private equity firms or hedge funds. Venture capital investors had […]
Fueling Growth: Outsourcing Solutions for Hedge Funds
New York (HedgeCo.net) – A new whitepaper published by Pershing LLC, a BNY Mellon company, and Aite Group LLC examines critical hedge fund operations, entitled, Fueling Growth: Outsourcing Solutions for Hedge Funds, reports that an increase in client redemption requests […]