The First Annual Wharton Hedge Fund Conference was held at the Jon M. Huntsman Hall in Philadelphia. The Wharton Hedge Fund Conference is the first major conference hosted by a university to focus exclusively on the hedge fund industry. Seeking Alpha as a couple blog entries that go into detail of the one-day conference and the various speakers. Keynote speaker Marc Lasry: Hedge […]
This morning the SEC filed a complaint against Allen Stanford, the Stanford group and the Stanford International Bank. Reading through the article some things sound very familiar: SIB is operated by a close-knit group of family and friends. The firm’s investment committee, which oversees the bank’s portfolio, is made up of Stanford; his father, who lives in Mexia, Texas; Pendergest-Holt, […]
I’ve been going back and forth in a couple discussion forums on hedge fund administration and the viability of smaller hedge fund administration firms. This morning I went through our Hedge Fund Service Provider Directory, and pulled up our Hedge Fund Administrator list. I think this gives a sampling of some of the big and small firms out there. Feel […]
Penny Hersher tries to analyze hedge fund ethics and how they affect regulation over on Huffington Post. There are a a couple things wrong with the assumptions that she makes, but I’ll wanted to discuss something that is taken for granted in this post. Penny assumes that the hedge fund has a high water mark and is down 20% from […]
I’ve been spending some time in LinkedIn‘s hedge fund discussion boards. I came across this interesting question regarding the recent fraud scandals and how they effect hedge fund administration firms. I’m re-posting it for the benefit of those not on LinkedIn. Here’s the question: In light of recent developments in the hedge fund industry there is an increasing demand by […]
HedgeCo uses the Twitter micro-blogging platform to broadcast news as it happens. To get your news straight to your phone follow the following steps. Step 1: Visit the Hedge Fund News Update page Step 2: Click on the “Join Now” to create an account Step 3: Enter your name, email address and a password to finish the process. Once you […]
Legal claims against hedge fund managers are broad in scope. Such claims include not only those brought by injured investors in private causes of action, but also those brought by the Securities and Exchange Commission (“SEC”) and other federal or state government agencies. Hedge fund managers and investors must be cognizant of potential claims and liability. This memorandum, prepared by […]
Our most recent manager interview is now availabe to accredited investors on HedgeCo.Net. The interview with Diamond Peak Capital gets into detail of the structure/strategy of the fund, as well as what it takes for a hedge fund to stay afloat through one of the worst year ever for the hedge fund and fund of funds indexes.
Here’s a list of madoff feeder funds, and the amount of money was reported lost Fairfield Sentry Ltd ($7.3 billion)(1)(2) Rye Select Broad Market Fund LP ($3.3 billion)(1)(2) Kingate Global Fund Ltd. ($2.8 billion)(1)(2) Herald USA Fund & Herald Luxemburg Fund ($2.1 billion)(1)(2) Ascot Partners L.P. ($1.8 billion)(1) Gabriel Partners ($1.5 billion)(1) LUXALPHA SICAV- American Selection (1.4billion) (1) M-Invest Ltd (as much […]
Richard Dukas on Finding Jobs
This morning when I woke up I found an email from Richard Dukas of Dukas Public Relations, in my inbox. In this short interview with Fox News, Richard discusses the difficulties in finding jobs in this environment and what is the best way to overcome them. Most interesting I thought was the segment about salary expectation. Don’t expect to make […]