Monthly Archives: May 2014
Former Hedge Fund Manager Drops Appeal To Focus On Education
New York (HedgeCo.Net) – Former hedge fund manager Fabrice Tourre made a statement yesterday, saying he would not seek appeal at a higher court. “After careful consideration, I have decided not to pursue a lengthy appeal process which, if successful, would […]
Urban AG Accused Of Making Kickback Payments To A Hedge Fund
New York (HedgeCo.Net) – A microcap company and its CEO are being looked at by the SEC for orchestrating a pair of illicit kickback schemes and an insider trading scheme involving the company’s stock. The SEC is alleging that Massachusetts based […]
A Yacht Was Spotted In Chicago With A Name That Only Traders Could Appreciate
Business Insider – A Chicago person spotted a 72-foot Princess Yacht appropriately named “Moar Theta” on Lake Michigan this weekend. It’s a name that only traders could truly appreciate. “Theta” refers to time decay on an option, or collecting premium […]
Up to $70 Billion Available for Hedge Funds Looking to Asia, Survey Says
WSJ As much as US$70 billion is up for grabs for global hedge funds looking to raise money in Asia over the next few years, according to a survey. Vast private wealth in the region and the rise of several […]
Ex-BNP Paribas managing directors launch new hedge fund
eFinancial News – Gerardine Davies, the former head of UK investment management at BNP Paribas who left the firm after just nine months in November 2012, has re-emerged in the City, launching her own hedge fund alongside two other senior […]
Hedge fund takes debt stake
Herald Scotland – The hedge fund chaired by Sir George Mathewson has taken a £30 million stake in a Swedish debt collector. The deal sees Toscafund take a 10 per cent holding in Stockholm-based Hoist Finance. Hoist also buys distressed consumer […]
Lemelson Capital Management Again Ranks Among World’s Top Performing Hedge Funds
Providence Journal – Lemelson Capital Management, LLC, a private investment management firm, today announced that The Amvona Fund, LP has again been ranked by Barron’s as one of the world’s top performing hedge funds for April 2014. It represents the […]
SFP Value Realization Fund Wins Best Asian Hedge Fund, Best Event Driven Fund
New York (HedgeCo.Net) – The Eurekahedge Asian Hedge Fund Awards 2014 returned to Capella Singapore for its 11th run on 23 May 2014. 300 hedge fund players got together to celebrate the region’s 76 top performing Asian hedge funds. A […]
Hedge Fund Manager DoubleLine Capital Signs Up For New CLO Tech Platform
New York (HedgeCo.Net) – DoubleLine Capital, the $50+ billion fixed income manager has announced the licensing of Vichara’s CLO trading and analysis platform which performs analysis of collateralized loan obligations (CLOs) and their underlying collateral pools. Lately, there’s been quite a […]
Hedge Fund Research: Private Equity Activity Hits 5-Year High
New York (HedgeCo.Net) – Private equity investments and fundraising last quarter reached their highest first quarter levels since 2008, according to the Private Equity Growth Capital Council’s quarterly Trends Report. Continuing a seasonal trend for first quarter activity, private equity […]
Israeli Hedge Funds Outperform Foreign Funds, Industry Experiencing ‘Significant Growth’ – Survey
Algemeiner – Israel-based hedge funds grew assets by 33 percent between 2011 and 2013 and outperformed foreign funds and the local equity market, according to a survey released recently by Israel fund administrator Tzur Management. In a statement, Tzur Management […]
Hedge funds in worst start to year since financial crisis
Telegraph – Some of London’s biggest and best hedge funds have had millions of pounds wiped off the value of the their portfolios after being wrong-footed by turbulence in emerging markets and falling tech and bank stocks. Lansdowne Partners, Odey […]