Monthly Archives: June 2012
Hedge Fund Launch: Value Partners Absolute Greater China Classic Fund
New York (HedgeCo.net) – Hedge fund Manager Value Partners Group Limited announced that it has launched its first self-branded UCITS-compliant fund — Value Partners Absolute Greater China Classic Fund. The new fund will be headed by co-CIOs Cheah Cheng-hye and […]
Former SEC Official Joins Hedge Fund Law Firm
New York (HedgeCo.net) – Former SEC Official J Matthew B. Comstock has joined hedge fund law firm Murphy & McGonigle, P.C. as a partner in its Washington, D.C. office. Comstock brings to the firm experience advising clients with respect to securities trading practices, broker-dealer financial […]
SEC names two deputies to help lead hedge fund enforcement unit
Ct Post – The U.S. Securities and Exchange Commission’s asset management unit has named two new deputies to help manage investigations into possible misconduct at hedge funds and private equity firms. Julie Riewe and Marshall Sprung, who have both worked in the 75-person […]
Lewis: Hedge-fund manager purchases princely property
The Denver Post – John Paulson, the hedge-fund manager who scored billions betting against subprime mortgages in 2008, has just purchased the biggest house in the neighborhood. For $49 million, he gets the palatial Aspen home of Saudi Prince Bandar bin […]
Is hedge fund investing making a comeback?
Investment Europe – Appetite for hedge funds may be returning after years of being the black sheep of the asset management industry, says Momentum Global Investment Management. After the collapse of Lehman Brothers, and since 2008, the industry has endured […]
Ackman, Loeb, other hedge funds lose in May
Reuters – May’s stock market rout dealt a blow to many on Wall Street including several big hedge fund stars whose bets on prominent U.S. companies looked badly timed. Even William Ackman and Daniel Loeb, two of the $2 trillion […]
Hedge Funds Squeezed in Mayfair as Offices Become Luxury Homes
Bloomberg – Landlords in Mayfair and St. James’s, two of London’s most expensive neighborhoods, are exploiting a shrinking supply of new or refurbished office space to charge hedge funds and financial firms the highest rents in three years. Offices are […]
Luke Ellis – the ex-farmer now growing hedge funds
Telegraph – Ferraris, Dom Perignon and the Cote d’Azur are the typical trappings of millionaire hedge fund managers. As a rule, pigs don’t get much of a look in. But Luke Ellis, the man many are tipping to be Man […]
Hedge fund firm losing pulling power
Reuters – Celebrity financier Arpad Busson has been mulling a sale of EIM, the hedge fund investor he founded in the 1990s, for several months but buyers with pockets as big as the firm’s glossy profile may prove hard to […]
Hedge Fund Third Party Marketing Industry Is Seeing Strong Growth in Demand
New York (HedgeCo.net) – After a tumultuous three years the hedge fund Third Party Marketing (TPM) industry is seeing very strong growth in demand from both hedge funds and investors, although this growth is not shared evenly across the estimated […]
Hedge Fund Association Asks SEC for Clearer Rules on Vetting Investors
New York (HedgeCo.Net) The Hedge Fund Association, an international organization that represents hedge funds, service providers and investors, said liberalized advertising and solicitations rules contained in the new Jumpstart Our Business Startups (JOBS) Act would help hedge funds raise assets […]
Texas Teachers’ Harris Taking Alternative Investing to New Risks
Bloomberg – After working for almost two decades as a money manager, Britt Harris at age 45 was what most people would consider a success. Bridgewater Associates LP’s Ray Dalio and Bob Prince had just tapped him to be chief […]