Monthly Archives: September 2012
Asian Hedge Fund Assets Rise To Over $144 Billion
New York (HedgeCo.Net) – The Asian hedge fund industry saw an expansion in 1H2012 to reach $144.09 billion in assets. This reflects a 2.5% growth from the $140.62 billion level seen at the end of a very tough 2011, the […]
SEC Charges 3 in North Carolina with Insider Trading
InAudit – The Securities and Exchange Commission has charged a former member of the board of directors at a North Carolina-based insurance company with illegally tipping inside information about an impending merger The SEC alleges that H. Thomas Davis, Jr., […]
October 11: Ninth Annual Hedge Fund Rocktoberfest In New York
New York (HedgeCo.Net) – The Ninth Annual Hedge Fund Rocktoberfest – New York City, the annual fundraiser for children’s charity A Leg To Stand On, is taking place on Thursday, October 11 at 583 Park Avenue in New York City. […]
EisnerAmper Releases 5th Pulse of Private Equity Survey: Industry Whistles Past Graveyard
EisnerAmper’s fifth edition of The Pulse of Private Equity, its biannual research report based on survey results from private equity fund executives, showed that closing deals in private equity remains a challenge while smaller or less established funds in particular […]
Man Group confirms new corporate structure proposals
Reuters – Hedge fund manager Man Group on Monday unveiled details of a corporate restructuring plan aimed at streamlining its bloated capital base, increasing its financial flexibility and ability to maintain its dividend policy. Man is to consult shareholders on […]
SEC Charges Oregon-based Hedge Fund Manager with Running $37m Ponzi Scheme
InAudit – The Securities and Exchange Commission filed fraud charges against a Portland, Oregon-based investment adviser who perpetrated a long-running Ponzi scheme that raised over $37 million from more than 100 investors in the Pacific Northwest and across the country. […]
Swiss hedge funds welcome changes to fund rules in line with EU legislation
Hedge Funds Review – Amendments to the Swiss rules for funds will bring the market into line with the EU’s AIFM directive which comes into force in July 2013. The revision includes changes to licensing and distribution. The Swiss hedge funds […]
Japan Teachers Fund to Start REIT and Hedge Fund Investments
Bloomberg – Japan’s Teachers’ Mutual Aid Co- operative Society, with about 600 billion yen ($7.6 billion), will start investing in real estate investment trusts and hedge funds as it seeks to diversify risks and boost returns. The pension fund plans […]
Hedge fund swindler Mobley of Stadium Naples era could be returned to prison
Naples News – Thirteen months after convicted hedge fund swindler David Mobley Sr. was released from federal prison, he’s facing a possible return for not paying a dime of his $77.3 million restitution to investors. The 56-year-old Naples man was […]
Hedge Fund Industry Association Appoints Former SEC Commissioner As Chairman
New York (HedgeCo.Net) – Global hedge fund industry association, The Alternative Investment Management Association (AIMA), has announced the appointment of a new non-Executive Chairman, Kathleen Casey, the former Securities and Exchange Commissioner and SEC representative to the International Organization of Securities […]
SEC files charges against failed hedge fund
Portland Business Journal – The Securities and Exchange Commission on Thursday filed civil lawsuits against several parties connected to the collapse of a Portland hedge fund. The SEC filed three individual lawsuits, targeting Yusaf Jawed and the failed hedge fund Griphon Asset Management LLC as […]