Monthly Archives: June 2014
Exhilway Exits “Risky” Hedge Fund Business, Reassigns Funds
New York (HedgeCo.Net) – Global hedge fund player since 1974, Exhilway, has exited its “risky” hedge fund business in Australia and is starting up a new market neutral hedge fund focusing on the United States and Europe, as well as […]
This Hedge Fund Manager Thinks China Bears Shouldn’t Short The Australian Dollar
Business Insider – Shorting the Australian dollar is one of the most popular trades in the world right now. But the co-founder and chief executive of hedge fund PAAMCO, Jane Buchan, thinks it’s a waste. Read Complete Article
Veterans of Closed Hedge Fund Start Anew
WSJ – A veteran of hedge fund Asian Century Quest Capital LLC plans to launch a fund later this year, the first spinout from what was once one of the largest hedge-fund firms focused on Asia. ACQ, which managed almost […]
‘Black Swan’ hedge fund plans UCITS vehicle
Investment Week – 36 South, the hedge fund whose ‘Black Swan’ vehicle returned 200% in 2008, plans to launch a UCITS version of its long-volatility structure for investors concerned with the current market environment. 36 South CEO and CIO Jerry […]
Hedge fund CEO gives $2.5M to Rauner campaign
AP – A Chicago hedge fund CEO’s $2.5 million donation to the campaign of Republican candidate Bruce Rauner has been termed the largest single donation in an Illinois governor’s race in the post-Watergate era. Campaign disclosure records show 45-year-old Citadel […]
3 of the biggest hedge fund failures ever
USA Today – Rule No. 1 of investing, as Berkshire Hathaway chairman and CEO Warren Buffett famously put it, is to never lose money; rule No.2 is never forget rule No. 1. As intuitive as this rule is, it’s not […]
Survey Finds 73% of PE-Backed Companies Are Making New Investments
New York (HedgeCo.Net) – According to the Private Equity Growth Capital Council’s inaugural Private Equity Decision Makers Survey, nearly three fourths (73 percent) of private equity professionals responsible for investment decisions say a majority of their portfolio companies are hiring and […]
SEC Obtains Asset Freeze and Other Emergency Relief in Fraudulent Tender Offer Scheme
New York (HedgeCo.Net) – The Securities and Exchange Commission filed an emergency action ex parte against Luis Chang and Everbright Development Overseas Limited. The Commission alleges that Defendants Chang and Everbright victimized an American mining company, Allied Nevada Gold Corporation […]
Chicago-Area Attorney Charged after SEC Exam Spots Fraud in Real Estate Investment Offering
New York (HedgeCo.Net) – The Securities and Exchange Commission today charged the founder of an investment advisory firm located in suburban Chicago with defrauding investors in connection with a real estate venture for which his firm offered securities. After an […]
How one hedge fund titan could bankrupt Argentina
NYPost – On the surface, the 11-year-old battle between one 69-year-old New York hedge fund mogul and Argentina seems hardly fair — especially when several other countries joined the fight and lined up alongside the South American country. But today, […]
Activist Hedge Funds Make A Major Comeback In May
ValueWalk – Hedge funds had a decent time in May. During the month, all major strategies showed a positive return except for managed futures. The monthly report from eVestment found that the average return of a hedge fund was 1.23% […]
San Francisco tables hedge fund discussion for 90 days
Pensions & Investments – San Francisco City & County Employees’ Retirement System Chief Investment Officer William Coaker Jr. will have to wait at least 90 days before the pension fund’s board passes judgment on his plan to invest 15% of […]