Author Archives: Editor
Starting A Hedge Fund Is Getting Next To Impossible
Business Insider – The days of calling your rich relatives to raise $3 million to start a hedge fund a la Dan Loeb are over. Citi just released a 45-page report on the hedge fund industry in the United States […]
Asian hedge funds as much as 42% cheaper to run: survey
LiveMint – Running a hedge fund in the Asia-Pacific region can be as much as 42% cheaper than in the US and Europe, helped by lower-than-average compensation, according to a survey by Citigroup Inc. Small funds started in the region […]
Coming Soon: “Reality” Hedge Fund TV
New York (HedgeCo.Net) – A hedge fund group is introducing a six part “reality” TV show called Hedge Fund Lions’ Den (HFLD). The show will feature three “lions” or heads of the current hedge fund industry, Luke Ellis, the president of of […]
Industry Record: Hedge Fund Assets Reach $1.97 Trillion
New York (HedgeCo.Net) – All hedge fund strategies, excluding relative value, were in the positive in November, Eurekahedge reports today. Fixed income fund managers lead the pack with returns of 7.28% during the month. The handful of fixed income funds […]
Hedge fund plans to bet on Brazilian fraud cases
VC Post – Platinum Partners sees Brazilian fraud as a potential boom industry in the emerging markets. According to a Financial Times report, the New York-based hedge fund intends to make a bet in the recovery of Brazilian fraud claims […]
SAC’s Cohen Told SEC Hedge Fund Friend Advised Wyeth Share Sale
Bloomberg – SAC Capital Advisors LP founder Steven Cohen told U.S. regulators a decision to sell shares at the heart of a $276 million dollar insider-trading case going to trial next month was based on advice from outside his firm. Lawyers […]
Former Perry Asia Head Said to Raise $1.1 Billion New Fund
Reuters – Alp Ercil, a former regional head of New York-based hedge fund Perry Capital LLC, won $1.1 billion of investor commitments for his second Asia distressed-assets fund, according to two people with knowledge of the matter. ARCM Master Fund […]
AIMA announces new Chair and Deputy Chair of Investor Steering Committee
New York (HedgeCo.Net) – The global hedge fund association(AIMA) has announced a new Chair and Deputy Chair of the AIMA Investor Steering Committee (ISC), which features leading institutional investors in hedge funds from around the world and undertakes educational initiatives. […]
Lampert Cuts Sears Stake Below 50% as Fund Clients Redeem
Bloomberg – Edward Lampert, the hedge-fund manager who for the past eight years tried to turn around Sears Holdings Corp., cut his stake in the retailer below 50 percent. Lampert’s ESL Investments Inc. owns 48 percent of the Hoffman Estates, Illinois-based […]
Here’s What the Biggest Hedge Fund Has Been Buying
The Motley Fool – Every quarter, many money managers have to disclose what they’ve bought and sold, via “13F” filings. Their latest moves can shine a bright light on smart stock picks. Today, let’s look at Bridgewater Associates, the world’s […]
New rules force Meditor Capital to shut European hedge fund- Bloomberg
Reuters – Britain-based hedge fund Meditor Capital Management Ltd said it would shut down its European equity business, citing an internal review and new European rules that restrict short-selling, Bloomberg reported. The $3 billion hedge fund-firm run by Talal Shakerchi […]
Hedge Funds Trail Stocks by the Widest Margin Since 2005
Bloomberg – The $2.5 trillion hedge-fund industry, whose money managers are among the finance world’s highest paid, is headed for its worst annual performance relative to U.S. stocks since at least 2005. The funds returned 7.1 percent in 2013 through November, according […]