Author Archives: Editor
From hedge funds to the cloud
Crain’s – Last spring, Eric Dynowski and Brendan Caulfield left the IT department at Evanston-based hedge fund Magnetar Capital LLC to found Turing Group , a startup that helps security-minded companies in industries such as finance and health care shift […]
Cambridge hedge fund sues Galvin over registration flap
Boston Business Journal – A Cambridge hedge fund manager is taking Secretary of the Commonwealth William F. Galvin to court, claiming the state’s top securities regulator is meddling in the firm’s transition to federal registration. In a complaint filed in U.S. District […]
Letter: Hedge fund paper mill owners are corporate raiders
Wassau Herald – EDITOR: I find it appalling that international hedge funds located in New York and other areas that owe no allegiance to any community except stockholders are allowed to function with impunity. In the 1980s these people would […]
Hedge Fund Managers: Ritholtz Chart
Bloomberg – When it comes to the top 0.01 percent of earners, it is extremely challenging to describe the differences in terms of income. Words often fail to convey the massive range. Fortunately for us, Catherine Mulbrandon of Visualizing Economics […]
New Hedge Fund Managers Join Forbes’ Billionaire List
New York (HedgeCo.Net) – The new Forbes billionaire list reports that there are now 46 hedge fund billionaires on the list, with 6 of them newcomers. Michael Platt of BlueCrest Capital Management joins the ranks of new hedge fund billionaires; as well […]
Hedge Fund People: BNY Mellon Names Frank La Salla CEO Of AIS Business
New York (HedgeCo.Net) – BNY Mellon, a leading administrator of alternative assets, including single manager hedge funds, funds of hedge funds and private equity, now has more than $645 billion of alternative assets under administration and/or custody. The bank has appointed Frank La Salla as […]
Cantor Acquires Hedge Fund Fintan Bringing Assets to $3 Billion
Bloomberg – Cantor Fitzgerald LP said it acquired hedge fund Fintan Partners LLC as the investment bank expands its money-management business. Fintan, led by founder Alexander Klikoff, farms out money to fixed-income hedge funds, Cantor said today in a statement. The deal will bring assets […]
BlackRock’s Richard Plackett to take six-month sabbatical
CityWire – BlackRock UK Special Situations fund manager Richard Plackett is taking a six-month sabbatical. The Citywire rated manager will start his sabbatical on 1 April, with Roland Arnold taking sole control of the Citywire Selection fund. Meanwhile Ralph Cox, will […]
Is your fund prepared for the SEC’s heightened regulatory focus?
User Contributed News – Changes stemming from the Dodd–Frank Wall Street Reform and Consumer Protection Act and other fallout from the financial crisis mean that hedge and private equity funds face a higher degree of scrutiny from the SEC than […]
McClatchey: Hedge funds: Should they be a part of your portfolio?
The Southern – Mention the words “hedge funds” to most individual investors, and they might think of high-risk, potentially high-return investments that seem to invite trouble. In fact, most hedge funds are a diverse class of investments that use aggressive […]
Pershing continues big turnaround in 2014
NYP – So far, 2014 has been very, very good to Bill Ackman. The hedge-fund mogul’s Pershing Square International is up 11.7 percent this year, according to an investor, powered by a 7.4 percent gain in February. The gain far surpasses […]
Cantor Acquires Fintan to Boost Hedge Fund Assets
Bloomberg – Cantor Fitzgerald LP said it acquired hedge fund Fintan Partners LLC as the investment bank expands its money-management business. Fintan, led by founder Alexander Klikoff, farms out money to fixed-income hedge funds, Cantor said today in a statement. The […]