Author Archives: Editor
FrontLine Compliance Relocates Headquarters to Rockville, Maryland Firm Expands Office Infrastructure in Washington, DC Area
FrontLine Compliance, LLC, a leading regulatory compliance consulting firm, will open its new office headquarters at 6010 Executive Boulevard in Rockville, Maryland on August 1, 2013. The firm will continue to be based in the Washington, DC metropolitan area. The […]
[Updated] Cincinnati Hedge Fund Manager Accused Of Running A Ponzi Scheme
[RETRACTION NOTICE] A previously published version of this article stated that Sarasota-based Aviance Capital Management served as a sub-advisor for Landmark Capital Management, Inc. While Aviance was listed a sub-advisor for LCM in 2008, Aviance ceased its sub-advisory role in […]
Hedge Funds To Pay $500K In Sanctions To Texas Pacific Group
New York (HedgeCo.Net) – Private equity firm Texas Pacific Group (TPG) has been awarded approximately $500,000 in sanctions against three hedge funds who had been pursuing involuntary bankruptcy petitions against two former TPG related companies, according to a report by law […]
U.K. Lawmakers Urge Curb on Hedge Fund Takeovers
TheStreet – A committee of U.K. lawmakers Thursday, July 25, revived the debate about limiting the voting power of hedge funds during takeovers and called on the government to study merger policies in comparable jurisdictions amid skepticism about the benefits of […]
Hedge Funds: You Name It, They Trade It
Kiplinger – Hedge funds are coming under fire, with recent articles in The Washington Post and BloombergBusinessweek. In this column written six years ago, when hedge funds were flying high, I laid out what I didn’t like about them on […]
First Opportunity Fund: A Good Way To Acquire Top-Rated Hedge Funds At A 25% Discount
Seeking Alpha – If you want to invest in hedge funds in the U.S., you have to be an “accredited investor” with a net worth of at least $1 million not including your house, or an annual income over $200,000 […]
FTT uncertainty continues to cloud the horizon for hedge funds
Risk.net – The controversial EU financial transaction tax could prove the undoing of some hedge funds if implemented across 11 member states as it now stands. Transaction costs are set to soar The European Union’s initiative to impose a financial […]
JP Morgan Liquidating Pension Hedge Fund Investments
New York (HedgeCo.Net) – J.P. Morgan has decided to liquidate all of the hedge fund investments held by its overfunded $13 billion pension fund, industry website Hedge Fund Alert reported today. J.P. Morgan Retirement plans to withdraw approximately $2.3 billion […]
Hedge-Fund Founder Loses Suit Over $6 Million Gift to Partner
Bloomberg – One of the founders of Gradient Capital Partners LLP lost a lawsuit seeking to recover a “gift” of about 3.9 million pounds ($6 million) paid to his former partner at the London hedge fund as losses mounted amid the financial […]
Hedge funds ‘aggressively’ buy Treasurys
CNBC – Hedge funds have been snapping up U.S. government debt, with new data showing large speculators have been “aggressively” buying 10 year Treasurys in the last week. According to data from Bank of America Merrill Lynch (BofAML), hedge funds […]
Survey: Hedge Funds Focus On Long/Short Equity and Event-driven Strategies
New York (HedgeCo.Net) – Credit Suisse polled 185 institutional investors on their strategy and allocation activity for its mid-year Hedge Fund Investor Survey. 88% of institutional investors said that they plan to make additional allocations to hedge funds during the second half of […]
Hedge Funds Investors Are Getting Tired Of Waiting For Hedge Funds To Deliver In 2013
Business Insider – In June, the hedge fund industry posted negative monthly returns – losing 1.52% – for the first time in over a year. Industry-wide performance last month was so bad that hedge funds barely managed to eke out positive returns […]