Monthly Archives: May 2015

Ex-Goldman trader Lim’s hedge fund assets hit $500 mln – sources

Reuters – May 11 Guard Capital, a macro hedge fund led by two former top traders at Goldman Sachs and Noble Group will stop taking money from new investors from July 1 after a more than ten-fold increase in assets […]

For small biz, hedge funds are the new banks

CNBC – Investor Leon Black, like many peers, has urged caution given high market valuations. But the Apollo Global Management CEO said his $163 billion firm is rapidly expanding one of its business lines: lending money. “Credit in general is […]

Top US hedge fund managers earn $11bn in 2014, but worst in years

Guardian – The top 25 US hedge fund managers earned more than $11bn last year – one of their worst-ever years. It might sound like a lot, but the collective $11.6bn taken home by the 25 leading (all male) hedge […]

SEC Charges Four Former Officers of Delaware Bank Holding Company With Disclosure Fraud

SEC – The Securities and Exchange Commission today filed fraud charges against four former officers of Wilmington Trust for intentionally understating past due bank loans during the financial crisis.  The former Delaware-based bank holding company was acquired by M&T Bank […]

Popular Question At Salt Conference: Are Fee’s Too High?

New York (HedgeCo.NET) The annual SALT Conference is taking place this week in Las Vegas and among the more prominent topics is whether hedge fund fees are too high. The conference hosted by SkyBridge Capital is considered to be one […]

Hayman Capital Bearish On Pharma, But Not All Pharma

New York (HedgeCo.Net) – In what seems like a strategy that would be employed during a political campaign, Hayman Capital and fund manager J. Kyle Bass are employing a tactic in their pharmaceutical investments. The fund has taken a substantial […]

Alternative Investment Landscape Continues to Evolve

New York (HedgeCo.Net) The alternative investment industry continues to revolutionize the way many investors make allocations. From the early days of the original hedge fund to the current landscape where alternative mutual funds are seeing tremendous growth, the industry continues […]

Assets in ETFs to Surpass Hedge Funds This Quarter

New York (HedgeCo.Net) – This past week, research firm ETFGI released a report on the state of the ETF industry and projected that assets held in ETFs will exceed the assets held in the much older hedge fund industry. While […]

Puerto Rico Scrambling For Answers to Debt Problems

New York (HedgeCo.Net) – There are a number of hedge funds that have purchased sovereign debt from Puerto Rico and now the hedge funds and the island nation are scrambling to put together a solution for funding the government as […]

Advanced Fund Administration (AFA) recognized for “Best Offshore Fund Administration (2015) – Cayman Islands” by AI Offshore

User Contributed News – We are extremely honoured to have been recognized for Best Offshore Fund Administration – Cayman Islands. AFA is a SOC I compliant fund administration firm offering a boutique service approach, providing comprehensive and cost effective solutions […]

Daniel Loeb uses SALT stage to defend Hedge Funds from Warren Buffett’s Criticism

New York (HedgeCo.Net) – Over 1800 of the hedge fund world has gathered at Bellagio in Vegas for this year’s annual SALT Conference, which is put on by SkyBridge Capital. This year’s line up includes celebrity star power with will.i.am, […]

29 Hedge Funds opened in Florida in 2015

New York (HedgeCo.Net) – Miami and South Florida is back in the news as the area continues to attract hedge funds and financial companies. In a column named “Hedge funds eye Florida’s ‘New Manhattan’“, CNBC’s hedge and private equity funds […]