Author Archives: Editor
Hedge Funds Buy $1.6 Billion In H1 2014
New York (HedgeCo.Net) – Making 2014 the busiest year in the secondary market thus far, H1 volume hit $22 billion (a 47% increase year over year), according to the newly released Setter Capital Volume Report – H1 2014, which covers the […]
SEC Doles Out Record WhistleBlower Award
New York (HedgeCo.Net) – The SEC has awarded over $400,000 to an un-named whistleblower who reported a fraud to the SEC after the company failed to address the issue internally. “The whistleblower did everything feasible to correct the issue internally. […]
The Hedge Fund Manager On The FBI’s Most Wanted List
New York (HedgeCo.Net) – Florian Wilhelm Jürgen Homm, a German hedge fund manager who was on the run for more than five years, is wanted by the FBI for his alleged involvement in a market manipulation scheme designed to artificially […]
Goldman Sachs Dumps Weaker Hedge-Fund Clients
WSJ – Goldman Sachs Group Inc. is upending the way it does business with hedge funds, jettisoning less-profitable clients and increasing some fees on others as it adapts to new banking rules, people familiar with the matter said. The bank […]
Hedge-fund investors allege fraud by Schadens, execs in Quiznos deal
Denver Post – The two behemoth hedge-fund investors that bailed out Denver’s beleaguered Quiznos in 2012 say they were duped in the deal by the sandwich chain’s owners and executives. Multibillion-dollar hedge funds Avenue Capital and Fortress Holdings — the […]
Argentina accuses default hedge funds of ‘fraudulent manoeuvres’
Telegraph – Argentina will ask the US markets watchdog to probe two hedge funds involved in its $1.5bn default, saying that they used “fraudulent manoeuvres” to make “incredible profits”. Cabinet chief Jorge Capitanich has said he will urge the Securities […]
Hedge Funds Run by Women Outperform Those Run by Men
The Atlantic – This morning, the Wall Street Journal reported on funds that choose to tie their fates to the performance of companies led by women. Barclays’ Women in Leadership Total Return Index, which consists of American companies with a […]
US hedge fund latest to line up tax inversion move
FD – A US hedge fund has become the latest in a string of companies seeking to acquire a UK rival in order to set up a foreign tax centre. The tactic, known as inversion, is primarily motivated by the […]
Hedge Fund Launch: The Rothschild Larch Lane Alternatives Fund
New York (HedgeCo.Net) – Rothschild Larch Lane Management Company is launching a liquid, open end alternatives mutual fund, using a multi-manager structure, offering diversification across a variety of asset classes, time frames, investment styles and strategies. Larch Lane is a pioneer […]
Botox Company Sues Hedge Fund Founder Ackman For Insider Trading
New York (HedgeCo.Net) – Bill Ackman, hedge fund founder and activist investor, has responded to the lawsuit filed on the 1st of August by Botox-producer Allgeran: “This is a shameless attempt by Allergan to delay the shareholders’ fundamental right to […]
Hedge funds eye a profit from European bank research retreat
Reuters – As Europe’s big investment banks and brokerages scale back their research efforts, particularly towards small and mid-sized companies, some hedge funds and other specialist players spy an opportunity. If the major players aren’t ferreting out investment ideas among […]
Hedge Fund Elliott Sold Wing Hang Bank Shares for HK$387 Million
Bloomberg – Elliott Management Corp., Paul Singer’s hedge-fund firm, sold shares in Wing Hang Bank Ltd. (302) for HK$3 billion ($387 million) near the end of Oversea-Chinese Banking Corp.’s offer to take the lender private. Elliott, with $24.8 billion of […]