Author Archives: Editor

Here’s How Hedge Funds Are Trading Puerto Rico

Business Insider – There has been a recent flurry of activity regarding Puerto Rico, involving their debt, rating agency views of that debt, the bond insurers that have been insuring their debt, the state-specific mutual funds that are holding Puerto […]

A Dating Service for Those Who Love Hedge Funds

Bloomberg – There’s a new dating website in town. This one doesn’t care if you like brunettes, how often you shower, or if you would ever have sex on a first date. Instead, it wants to know what you like in a […]

Funds Roundup: Too Many Hedge Funds; the Fed’s Next Crisis

Barron’s – Reading connected in one way or another to investing in funds: The Federal Reserve is to blame for what could well be the start of a new Asian financial crisis. –Michael J. Casey, Wall Street Journal Hedge-fund assets […]

Nirvana Solutions Winner in HFMWeek’s Annual Hedge Fund Services Award Ceremony

Nirvana Solutions is proud to announce its recent recognition in HFM Week’s Annual US Hedge Fund Services Award Ceremony, as the ‘Best Technology Company for Emerging Managers.’ The ceremony recognizes and celebrates those service providers who have outperformed their peers […]

Credit Suisse sees Qatar fund in emerging markets push

Reuters – Qatar’s sovereign wealth fund is looking at more investments in emerging markets in order to diversify beyond developed nations, said a senior executive of Credit Suisse who is one of the top advisors to the fund. With assets estimated […]

RCS Capital Corporation Announces Agreement to Acquire Investors Capital Holdings

Press Release – RCS Capital Corporation (RCAP) announced today that on October 27, 2013, RCAP and a newly formed wholly owned subsidiary of RCAP entered into an agreement and plan of merger with Investors Capital Holdings, Ltd. (ICH) by which RCAP will […]

ThinkStrategy’s Kapur Gets Time Served in Hedge Fund Case

Bloomberg – ThinkStrategy Capital Management LLC’s Chetan Kapur, who initially was accused of deceiving investors about returns in his hedge funds, avoided prison when he was sentenced to time served for failure to preserve books and records of an investment. […]

Rocktoberfest Raises $400,000 For Charity

FINalternatives – The 2013 iteration of Rocktoberfest, one of the most unusual fundraising events on the hedge fund industry calendar, has raised $400,000 for the A Leg To Stand On charity. Finance industry professionals from the Tri-State area gathered in […]

Hey Banksy: Hedge Fund Manager To Go Ahead With Sandy Donations

New York (HedgeCo.Net) – Hedge fund manager Nelson Saiers has updated us here at HedgeCo saying, ” On the eve of Sandy, I’ve decided to waive the criterion on Banksy and just donate the money to benefit underpriviledged children. I still have […]

Hedgie Scaramucci Speaks Out On Stephen Cohen

New York (HedgeCo.Net) – Hedge fund millionaire Anthony Scaramucci spoke to CNBC yesterday regarding the looming SAC Capital settlement with the SEC, saying “The Department of Justice and the SEC are gone crazy in these matters.” “I think it’s sad […]

Hedge fund to keep Nine stake

Data Room – One of Nine Entertainment Co’s two US hedge fund owners has agreed to retain its entire stake in the company, as the first details of pricing in its upcoming float have emerged. Media understands that the company […]

Battle of the billionaires erupts over Keystone

CNBC – Billionaire investors love fighting with each other over the markets, safely out of public view in sleek Greenwich or Manhattan offices. But a new political fight is pushing them into a high-profile debate over the future of energy […]