Author Archives: Editor
SEC Targets Hedge Fund Compliance Officers
WSJ – Securities regulators may have a new target in their sights: compliance officers at hedge-funds. Nearly two years after hedge-fund and other private-fund advisers of a certain size were required to register with the Securities and Exchange Commission and […]
Hedge Fund Backs Men’s Wearhouse Bid for Jos. A. Bank
NYT – One of the biggest investors in Men’s Wearhouse is officially on board with the retailer’s $1.6 billion hostile bid for Jos. A. Bank. Eminence Capital, which owns a 9.8 percent stake in Men’s Wearhouse and a 4.9 percent […]
SS&C GlobeOp Hedge Fund Performance Index
New York (HedgeCo.Net) – Hedge fund flows as measured by the SS&C GlobeOp Capital Movement Index declined 3.56% in January. “In line with year-end portfolio rebalancing, overall capital activity increased for the month of January, with redemptions reaching a 12 month-high,” said Bill Stone, […]
Ex-Citigroup Executive John Havens Joins Napier Park as Chairman
BusinessWeek – John Havens, who stepped down from Citigroup Inc. on the same day Chief Executive Officer Vikram Pandit resigned in October 2012, will join the bank’s former hedge-fund arm as non-executive chairman and partner. The firm, now known as […]
Hedge Fund Trends And Predictions For 2014
New York (HedgeCo.Net) – Steve Nadel, partner in the Investment Management practice of law firm Seward & Kissel LLP, has put together some trends and predictions for the hedge fund industry in 2014. Nadel’s 2014 Hedge Fund Industry Predictions: · […]
Gold rallies to highest in a month as U.S. jobs growth slows
Reuters – Gold extended gains to a third session on Monday to hit its highest in a month after a surprisingly weak U.S. jobs report stoked expectations that the Federal Reserve could temper the pace of its stimulus wind-down. A weaker U.S. dollar […]
Hedge Fund Capital Greenwich Borrows Most in 358 Years
Bloomberg – Greenwich, Connecticut, the top-rated home to hedge funds AQR Capital Management and Traxis Partners, is selling the most debt in its 358-year history. The offering of $85 million in one-year notes on Jan. 16 will pay for a […]
Former hedge fund trader Julian Rifat set to be charged in insider trading case
Telegraph – British regulators are set to charge a former hedge fund trader over allegations he was involved in an insider trading ring. Julian Rifat, a former trader at US hedge fund Moore Capital, was arrested in March 2010 as […]
Hedge Fund Bullish Oil Wagers Drop as Fuel Supply Gains: Energy
Bloomberg – Hedge funds became less bullish on crude oil for the first time in six weeks as U.S. inventories of fuel expanded at a time of weakening demand. Money managers cut net-long positions, or wagers on rising prices, for […]
Australian super funds report best performance since 2007
Guardian – Australian superannuation funds have recorded their best performance in seven years as the total worth of the nation’s superannuation pool grew to $1.62tn. The industry-wide rate of return for superannuation funds in the year to 30 June 2013, […]
Hedge Fund Giant Blackstone To Sell Almost 9 Million Class A Shares
New York (HedgeCo.Net) – Hedge fund investor Blackstone hopes to raise $227.4 million in a public offering of eight and a half million shares of its class A common stock. Blackstone Mortgage Trust, Inc., wants to buy up additional commercial mortgage […]