Author Archives: Editor
Hedge Funds Are Using FOIA Requests to Obtain Nonpublic Information From Federal Agencies
WSJ – When SAC Capital Advisors LP was weighing an investment in Vertex Pharmaceuticals Inc., the hedge-fund firm contacted a source it knew would provide nonpublic information without blinking: the federal government. An investment manager for an SAC affiliate asked […]
Baupost hedge fund plans to return some money: sources
Reuters – Seth Klarman’s $28 billion Baupost Group, one of the world’s biggest hedge funds, plans to return some money to clients at year’s end, two people familiar with the Boston-based firm’s plans said. It would be only the second […]
Pothead Hedge Funder: ‘Throw Away the Blackberry and Enjoy Life’
Ny Magazine – Andrew Lahde, the head of Santa Monica–based hedge fund Lahde Capital Management, who quit after posting an 870 percent gain last year, became something of a folk hero today after his awesome, Jerry Maguire–like farewell letter to […]
Hedge Funds: SEC Weekend Fraud Roundup
New York (HedgeCo.Net) – Following a plea deal struck in April, Oregon-based hedge fund manager Yusaf Jawed has been sentenced to six years in prison for defrauding investors of $37 million. Jawed plead guilty to 17 counts of mail and wire fraud […]
Breaking: Hedge Funds Start Advertising Blitz
New York (HedgeCo.Net) – Thanks to Obama’s Jumpstart Our Business Startups Act (Jobs Act), the ban on hedge fund advertising has been lifted starting today. The JOBS Act became law in March 2012 and made the initial recommendation to allow “general […]
Mayor Bloomberg declares Sep 23 as “100 Women in Hedge Funds Education Day”
New York (HedgeCo.Net) – The mayor of New York has proclaimed that in celebration of 100 Women in Hedge Funds (100WHF’s) 400th education session, Sep 23 will be the “100 Women in Hedge Funds Education Day.” The session takes place at 399 […]
Citigroup’s Greer Leaves as Investor Matchmaker for Hedge Funds
Bloomberg – Chris Greer, global head of a Citigroup Inc. business introducing hedge-fund clients to new investors, has left the New York-based lender. A replacement for Greer hasn’t been named, Scott Helfman, a company spokesman, said today in an e-mail. […]
Advanced Planning Considerations For Hedge Fund General Partners
Forbes – For hedge funds there are a number of factors that translate into long-term success. Topping the list is high-quality investment performance. Hedge funds are all about alpha. However, for business success and to produce a stellar track record, […]
Huge hedge fund wheat bets ‘limit price downside’
AgriMoney – The extent of hedge funds’ negative positioning on wheat has got so large that it may limit their appetite for more, brokers warned, even as prices outperformed those of fellow grains. Managed money, a proxy for speculators, reduced […]
Hedge funds and private equity are thriving … thanks to pension funds
Guardian – Five years after the collapse of Lehman Brothers and two years after the Occupy Wall Street protests erupted in Zuccotti Square, hedge funds and private equity funds are alive and well. This was not a foregone conclusion during […]
Open-Government Laws Fuel Hedge-Fund Profits
WSJ – When SAC Capital Advisors LP was weighing an investment in Vertex Pharmaceuticals Inc., the hedge-fund firm contacted a source it knew would provide nonpublic information without blinking: the federal government. An investment manager for an SAC affiliate asked […]