Monthly Archives: May 2009
Hedge fund rebuts Galvin complaint
Fairfield Greenwich Group, a New York hedge fund that lost $7.2 billion to Bernard Madoff, fired back at Massachusetts Secretary of State William F. Galvin yesterday, saying fraud allegations by Galvin were ‘‘so filled with errors and factual distortions as […]
Bronte Capital exposes rogue Hedge Fund Marketers who Link the Biden family to Hedge Fund Fraud
West Palm Beach (HedgeCo.net) – On the 18 of March, the Australian Hedge Fund & Research team at Bronte Capital began dropping hints regarding an un-named $60 million dollar Ponzi Scheme. In a blog entry named "Curiouser and Curiouser" Bronte […]
Overstock.com Stalking Victim Exposes Creepy Hedge Fund
The press has been agog recently about Paradigm Capital, a fund-of-hedge-funds run by members of Joe Biden’s family, and its apparent connection with a hedge fund shut by the SEC called Ponta Negra. CJR’s Audit column has the full details […]
Beverley Hills hedge fund fraud halted
A hedge fund fraud that involved a pair of funds claiming to hold more than $800 million in assets has been halted, according to the US Securities and Exchange Commission. In a statement, the regulatory body said the two funds […]
In Chrysler Saga, Hedge Funds Cast As Prime Villain
President Obama’s harsh attack on hedge funds he blamed for forcing Chrysler into bankruptcy yesterday sparked cries of protest from the secretive financial firms that hold about $1 billion of the automaker’s debt. Hedge funds and investment managers were irate […]
Cranwood Capital Announces Launch of Fixed Income Arbitrage Fund
HedgeCo.Net – Cranwood Capital Management LLC has announced the launch of their new fund, the Cranwood Fixed Income Arbitrage Fund. The fund seeks to generate high, absolute returns by using Treasury futures to arbitrage temporary discrepancies occurring along the U.S. […]
Triple A to seed new S.Korea focused hedge fund
Reuters – Boutique alternative fund firm Triple A Partners said on Friday it was backing a new South Korea-focused hedge fund which it expects to launch on Sept. 1 with around $40 million in assets. Triple A, also known as […]
Bear Stearns passes into Wall Street history
Financial Times – Jimmy Cayne apologised for the first time to Bear Stearns shareholders and employees on Thursday as the investment bank he helped build into a scrappy powerhouse formally disappeared into Wall Street history as the biggest victim of […]
Russia-focused fund becomes first listing on London’s Specialist Fund Market
HedgeWeek – A hedge fund focusing on Russia and the former Soviet Union, Da Vinci CIS Private Sector Growth Fund, has become the first listing on the Specialist Fund Market, the London Stock Exchange’s new market for alternative investment vehicles. […]
Conseco rejects hedge fund proposal
Reuters – Conseco Inc on Thursday rejected hedge fund Steel Partners’ request to raise its shareholding in the insurance company to as much as 22 percent, saying the proposal could reduce its "financial flexibility." Conseco told Steel Partners in a […]
Steel Partners wins landmark Japanese board ouster
Reuters- U.S. hedge fund Steel Partners helped oust the president and most of the board of Japanese wig maker Aderans Holdings on Thursday, the first time management of a Japanese firm has been ejected under pressure from an activist fund. […]
HedgeCo and LJH Financial Marketing Strategies Unveil New Initiative to Provide Comprehensive Marketing Solutions to the Global Hedge Fund Industry
New York, NY (PRWEB) May 29, 2008 — HedgeCo Networks and LJH Financial Marketing Strategies announced today a partnership to provide comprehensive marketing and investor relations services to the global hedge fund industry and related financial sectors. The new partnership […]