Author Archives: Editor
How Hedge Funds Are Slowing JOBS Act Rules for Small Businesses
BusinessWeek – When President Barack Obama signed the Jumpstart Our Business Startups Act into law one year ago today, his goal was to make it easier for small businesses and entrepreneurs to raise capital. Supporters of the JOBS Act are […]
Hedge funds that revise returns underperform, says report
Investments & Pensions Europe – A new report has cast doubt on the reliability of hedge fund performance information voluntarily disclosed by the industry. Furthermore, the report said hedge funds that had previously revised returns were more likely to underperform funds that had […]
Bruce Lipnick From Asset Alliance Announces Firm Entry Into Crowd Funding
New York (HedgeCo.Net) – Bruce Lipnick, Founder, Chief Executive Officer and Chairman of the Board of Directors of Asset Alliance Corporation, announced at a conference on Crowd Funding the entry of his company into the Crowd Funding business in the US and internationally. […]
SEC Puts Hedge Fund Managers on Notice Regarding Compensation Arrangements for Sales
In a speech before the American Bar Association’s Trading and Markets Subcommittee on April 5, 2013, David Blass, the Chief Counsel of the Division of Markets and Trading, put hedge fund managers and private equity fund managers on notice that they may […]
New Fee on Bankruptcy Trades Will Boost Courts’ Revenue
Dow Jones – A new fee tied to trades of bankruptcy claims will bring in thousands, potentially millions, of dollars in revenue for the nation’s bankruptcy courts when it takes effect next month. Starting May 1, those who trade claims […]
Hedge funds that shorted banks ‘in talks to back £1bn RBS bid’
The Telegraph – Two hedge funds that made millions of pounds shorting UK bank shares during the financial crisis are in talks to back a £1bn bid for more than 300 RBS branches, according to reports. GLG, part of Man […]
Survey Reveals More than One-Third of Hedge Fund Professionals Feel Pressured to Break the Rules
New York (HedgeCo.Net) – An independent survey of hedge fund professionals commissioned by law firm Labaton Sucharow LLP, HedgeWorld and the Hedge Fund Association, revealed that nearly half (46%) believe that their competitors engage in illegal activity, more than one […]
The Henry Curse: A New Sports Jinx Hits Hedge Fund Team Owners
Forbes – In 2002 John Henry, one of America’s most successful hedge fund managers, bought the principal stake in the the Boston Red Sox. Two years later the baseball team broke the “Curse of the Bambino,” winning the World Series […]
Alaska Permanent Fund Corp.’s $500 million hedge fund incubator program went live with the hire of its first hedge fund portfolio manager.
Pensions & Investments – The board of the $45.3 billion Juneau-based sovereign wealth fund last year decided to split off $500 million of a $1.1 billion hedge fund mandate managed by Mariner Investment Group into a separate account that would […]
UBS Australia Head of Hedge Fund Sales Moves to New York
Deal Journal Australia – UBS AG’s Australian head of hedge fund sales Thomas Anglin has relocated to New York as part of the creation of a new global sales desk, according to an internal memo obtained by Deal Journal Australia. […]
Philanthropic Hedge Funds Will Help Fortune 100 Companies Cover Their Legal Costs
DealBreaker – A new generation of investors is plunging into “litigation finance,” putting up millions of dollars to fund lawsuits in hopes of collecting when verdicts come down. Established financiers are expanding into new areas, including loans to law firms, […]