Author Archives: Editor
Goldman bolsters Asian team; hedge fund set to grow in Europe
EFC – In the latest hiring roundup, Goldman eyes M&A growth, a big name launches a boutique and a U.S. hedge fund looks to expand in Europe. Private banks in Switzerland are opening branches in other European countries as they […]
Greenwich hedge fund, Sureview Capital, closes doors
Greenwich Times – Greenwich hedge-fund firm Sureview Capital is closing after three years in business. Founded by John Wu, the stock-picking firm received seed money from industry powerhouse Blackstone Group in 2010. It last reported assets of $427 million on […]
Detroit Sends Hedge Fund Manager and His Goats Packing
NYT – A hedge fund manager’s plan to help clean up Detroit by letting baby goats graze on public land has come to an abrupt end — or so it seems. Mark Spitznagel, the founder of the $6 billion hedge […]
Hedge Funds Cross $2.1 Trillion
New York (HedgeCo.Net) – The Eurekahedge Hedge Fund Index is up 1.15% as global markets showed signs of stabilisation following a choppy start to the year. On a year-to-date basis, hedge funds are up 1.91% while the MSCI World Index […]
The unglamorous life of hedge fund startups
CNN – Situated on the 46th floor of a gleaming office tower in lower Manhattan, Mike Winston is running his hedge fund empire. But he’s no Gordon Gekko. Missing is the sleek trading floor with its supercharged technology and legions […]
Ray Dalio: Hedge Fund Manager on Machine World
Westport NOW – In a rare wide-ranging interview with The Wall Street Journal, Ray Dalio, founder of Westport-based Bridgewater Associates, says he built the world’s largest hedge fund by creating a culture of “radical truth and radical transparency.” WestportNow.com Image […]
Hedge fund trim Brent crude bets, slash gasoil net longs-ICE
Reuters – Hedge funds and other large speculators cut their bets on higher Brent crude oil prices in the week to June 3 and slashed positions in ICE gas oil by more than 40 percent, data from the Intercontinental Exchange […]
Ex-Goldman, Noble execs target July launch for Asia hedge fund
Reuters – Guard Capital Management, a hedge fund start-up by two top traders formerly with Goldman Sachs and Noble Group, is aiming to launch next month and has hired at least four executives, one person with knowledge of the matter […]
Inside the ruthless and camera-shy world of hedge funds
Guardian – Reading the recent New York Magazine piece on Steve Cohen, the billionaire hedge-fund manager of SAC Capital, two themes emerge: he hates fame and he likes to be feared. That is not uncommon on Wall Street, where it’s better to […]
Chicago-Based Hedge Fund Manager Caught Conducting A Ponzi Scheme
New York (HedgeCo.Net) – Chicago-based investment fund manager Neal V. Goyal and two hedge fund advisers that he owned and controlled –Blue Horizon Asset Management and Caldera Advisors – are being charged with violating the antifraud provisions of the Securities Act […]
U.S. SEC Loses Insider Trading Case Against Hedge Fund Manager
FOX – The U.S. Securities and Exchange Commission suffered a loss on Friday in a long-running case against a New York hedge fund manager and two others accused of engaging in a $1.3 million insider trading scheme. A federal jury […]
Hedge fund exec wins battle in bitter custody war against ex
NYP – Suzanne Murphy — the hedge-fund exec who claimed she was threatened by her ex-husband’s young Polish wife — has won a round in her bitter custody battle with investment banker Robert B. Albertson, 67. A judge ruled this […]