Author Archives: the HedgeCo News Team
Chicago Financial Communities to Join Forces at the Hedge Funds Care 11th Annual Midwest Charity Gala
New York (HedgeCo.Net) – The Midwest financial community will unite at the 11th Annual Midwest “Open Your Heart to the Children” Benefit organized by Hedge Funds Care. A highlight of the Chicago social calendar, the Benefit brings together the hedge […]
Hedge Funders Say It’s ‘A Badge Of Honor’ To Be Targeted By ‘Thuggish’ Teachers Unions
Business Insider – The American Federation of Teachers, a labor union that represents teachers, is going after a bunch of hedge funders who support education reform. Last week, the AFT released a “watch list” of hedge funds they think are […]
Hedge fund fees hot topic at R.I. Investment Commission
PROVIDENCE, R.I. — Rhode Island has moved about $1 billion of its $7.6-billion state pension fund into hedge funds over the past 18 months, a move that General Treasurer Gina M. Raimondo defended against critics Wednesday in a meeting of […]
Hedge fund billionaire pledges $4 million for Colorado highway
Denver Post – A project to expand State Highway 9, which runs north through Grand and Summit counties, received a $4 million matching grant from the owner of Blue Valley Ranch. The announcement came during Tuesday’s meeting of the Grand […]
Hedge fund’s pursuit of Drydocks offers test case for Dubai
TheNational – Decree 57 was a piece of Dubai legislation that was never really intended to be used. When the decree was issued in 2010 as part of the process of restructuring the US$25 billion debts of Dubai World, it […]
Hedge Funds Heavy Hitters Pitch at Yankee Stadium
Some of the hedge fund industry’s biggest names made their sale pitch to prospective clients at Yankee Stadium on Tuesday. The 54 hedge funds presenting are all clients of Goldman Sachs’s prime brokerage business, which services the $2.2 trillion hedge […]
Paamco Seeks Asian Institutional Money for Hedge-Fund Strategies
Bloomberg – Pacific Alternative Asset Management Co., an $8.6 billion U.S. fund-of-hedge-funds, is seeking to raise money from pensions and sovereign wealth funds in Asia to diversify its investor base. U.S. investors account for 85 percent of its clients, mostly […]
Physicist hedge fund guru posts lukewarm returns
(MoneyWatch) Having recently read James Weatherall’s book “The Physics of Wall Street” I was interested in the article “Against the Current,” about Andrew Tsai, a physicist turned hedge fund manager which appears in the April 2013 issue of Institutional Investor. […]
Hedge Fund Managers Mixed on 2013 Outlook Despite Strong Performance Predictions
New York (HedgeCo.Net) – Rothstein Kass, a leading professional services provider to the financial services industry, today released its annual hedge fund outlook report entitled “Water Water Everywhere.” Produced by the Rothstein Kass Institute, the firm’s thought leadership arm, the survey, […]
Hedge Fund Cerberus Capital puts together a consortium to purchase gun company Freedom Group
West Palm Beach (HedgeCo.Net) – Cerberus Capital made headlines last year when they announced that they would unload their ownership of Freedom Group Inc, the company that manufactured the Bushmaster rifle after it was used in the Sandy Hook shooting. […]
HedgeCo Networks Hires Senior TradeStation Technologist to Boost Technology Team
HedgeCo (West Palm Beach) – HedgeCo Networks named Chris Evans, former VP of Product Stategy at TradeStation, as Director of Systems Engineering at HedgeCo. Mr. Evans is joining the West Palm Beach office and will be focusing on HedgeCo’s new […]
SG Capital Management Expands Team New Senior Managing Director Ethan Steinberg
New York (HedgeCo.Net) – SG Capital Management, LLC, an SEC registered investment adviser headquartered in Chicago, is pleased to announce the appointment of Ethan Steinberg as Senior Managing Director effective April 5, 2013. Ethan will share responsibility for idea generation […]