Author Archives: the HedgeCo News Team

About the HedgeCo News Team

The Hedge Fund News Team stays on top of breaking news in the Hedge Fund industry on an hourly basis. Signup to HedgeCo.Net to recieve Daily or Weekly news updates from our team.

HedgeCo Selects Cognito to Provide Hedge Fund Marketing and Communication Services for Leading Funds as JOBS Act Opens Market

New York (HedgeCo.Net) – September 25, 2013 – HedgeCo, a company designed to increase transparency and communication between hedge funds and accredited investors, announced today it has selected leading marketing and communications firm Cognito to provide a range of marketing and […]

Next Technology Boom?

New York (HedgeCo.Net) By Michael Williams   –  Before Apple’s (AAPL) recent fall from grace, it was the big savior during the Great Recession. The company continued to push out new products, the media embraced them, and as all others struggled […]

Fiduciary Duty Claims Against Hedge Fund Managers and How to Avoid Them

New York (HedgeCo.Net) – On Wednesday, Zachary Newman and Jonathan Proman, from Hahn & Hessen’s Litigation Department released a white paper which provides an overview of what every hedge fund manager should know about Fiduciary Duty case history. Using recent […]

Decosimo Advisory Services Practice Growth Leads to Specialized Management Appointments (Promotions)

HedgeCo.Net – Decosimo, a top 100 regional accounting and business advisory firm, continues to experience significant growth within its Decosimo Advisory Services practice prompting the addition of director roles for the firm’s specialized valuation and litigation support service lines. Appointed […]

Pro-Booker PAC propelled by hedge fund money

PublicIntegrity.org – Despite Newark Mayor Cory Booker’s status as the overwhelming favorite to win Tuesday’s Democratic U.S. Senate primary election in New Jersey, a super PAC spent more than $500,000 supporting his candidacy, records show. More than half of the […]

Former Goldman Sachs Managing Directors Plan Asia Hedge Fund

(Bloomberg) Three former managing directors of Goldman Sachs Group Inc. (GS)’s Japan business plan to start an Asia multi-strategy hedge fund early next year, according to two people with knowledge of the matter. Koji Gotoda and Takayuki Kasama have incorporated Golvis Investment Pte in Singapore, said […]

Blackstone and Fidelity offer hedge fund taste to retail crowd

(Reuters) – Blackstone Group LP (BX.N), one of the world’s biggest hedge fund investors, said on Monday Fidelity Investments is a strategic partner in giving retail investors a taste of the normally exclusive world of hedge fund investing. Boston-based Fidelity’s Portfolio Advisory […]

Hedge Funds Trim Gold Bets on Stimulus Speculation

(Bloomberg) Hedge funds cut bullish gold bets by the most since June amid speculation about whether the Federal Reserve will begin trimming its monthly bond purchases. Money managers cut their net-long position by 27 percent to 48,103 futures and options […]

Fraud victim hedge fund gets $33 million in art

(Newsday.com) Eighteen contemporary artworks valued at  $33 million have been transferred to a hedge fund victimized in a massive $400 million fraud scheme, the Manhattan U.S. attorney’s office said Monday. The works by such boldface artists as Andy Warhol, Mark […]

Hennessee Hedge Fund Index gained +1.82% in July

New York (HedgeCo.Net) – New York, NY – Hennessee Group LLC announced today that the Hennessee Hedge Fund Index gained +1.82% in July (+6.91% YTD), whilethe S&P 500 gained +4.95% (+18.20% YTD), the Dow Jones Industrial Average increased +3.96% (+18.28% YTD), and the NASDAQ Composite Index rose +6.56% (+20.10% […]

Grassi & Co. Expands its Fund Administration Practice with the Utilization of Advent’s GenevaR and Geneva World

New York (HedgeCo.Net) – Grassi & Co.’s Fund Administration Practice is expanding its service capabilities and will now offer Advent’s Geneva® software, the industry’s premier global investment accounting solution that solves the complex challenges faced by hedge funds, global asset […]

Bruce Lipnick founder and CEO of Crowd Alliance speaks at the Washington DC VC and Angel Event

New York (HedgeCo.Net) – Bruce H. Lipnick, Founder and CEO of Crowd Alliance was invited to speak at the Washington DC VC and Angel Event. Mr. Lipnick joins some of the leading industry experts in the Crowdfunding Industry including, David […]