Author Archives: Editor
Alberto Micalizzi: The Hedge Fund Academic Who Fell From Grace
WSJ – When Italian academic Alberto Micalizzi moved into the world of hedge funds, he was following a path taken by the likes of David Shaw, founder of D.E. Shaw, and James Simons of Renaissance Technologies. But for Mr. Micalizzi, […]
More woes for hedge fund adviser
Personal Finance – The Ombud for Financial Services Providers has handed down another ruling – the fifth so far – against financial adviser Michal Calitz, who advised a number of his clients to invest in the Relative Value Arbitrage Fund […]
Hedge fund billionaire takes aim at Scott, others
The Tampa Tribune – A hedge fund billionaire-turned-environmentalist who is seeking to boost the political importance of climate change has his eye on knocking off Florida Gov. Rick Scott. San Francisco-based NextGen Climate Action Committee last month gave $750,000 to […]
UK Banks Propose Holding Individuals Accountable For Failure
New York (HedgeCo.Net) – The behaviour and culture within banks played a major role in the 2008-09 financial crisis and in conduct scandals such as Payment Protection Insurance (PPI) mis-selling and the attempted manipulation of LIBOR, the Bank of England said when […]
Britain Upholds Ban of Defunct Hedge Fund’s Former Chief
NYT – A British tribunal has dismissed an appeal by Alberto Micalizzi, formerly chief executive of the defunct London hedge fund Dynamic Decisions Capital Management, who two years ago was fined and barred from working in the financial sector in […]
Harbinger’s Former CEO Fined For Assisting Hedge Fund Scheme
New York (Hedgeco.Net) – The former chief operating officer at Capital Partners LLC has agreed to settle charges that he assisted a scheme by the firm and its owner Philip A. Falcone to misappropriate millions of dollars from a hedge […]
Mergermarket buys The Hedge Fund Law Report
Reuters – Mergermarket Group, a BC Partners portfolio company, today announced that it has acquired The Law Report Group, the New York-based publisher of The Hedge Fund Law Report and The FCPA Report. The acquisition bolsters Mergermarket Group’s legal and regulatory expertise. The Hedge Fund Law […]
UCITS Hedge Fund Reach Record Highs
New York (HedgeCo.Net) – The first half of 2014 saw a new milestone reached in the alternative UCITS sector with assets under management growing by 15.6% to EU 184.2 billion, demonstrating continued demand for alternative strategies, according to the Alceda […]
Argentina Finds Relentless Foe in Paul Singer’s Hedge Fund
NYT – The hedge fund firm of billionaire Paul E. Singer has about 300 employees, yet it has managed to force Argentina, a nation of 41 million people, into a position where it now has to contemplate a humbling surrender. […]
Malcolm Turnbull’s son said to start hedge fund in Singapore
Sydney Morning Herald – Alex Turnbull, son of Federal Communications Minister Malcolm Turnbull, is planning a Singapore-based hedge fund, said people with knowledge of the matter. Mr Turnbull, who has been an executive director of Goldman Sachs Group’s special situations […]
U.K. Ban Upheld on Hedge-Fund Manager Alberto Micalizzi
WSJ – A U.K. tribunal has upheld a ban against hedge fund manager Alberto Micalizzi, finding that his conduct was “at the most serious end of the scale.” It stops him from working in regulated financial services. The tribunal, which […]
Returns Drive Fees In Private Equity And Hedge Funds
Forbes – If returns are meant to justify the fee levels being charged by private equity and hedge funds, then it is incumbent on all parties to clearly understand and report these returns accurately. To measure the performance of a […]