Author Archives: Editor
Hedge funds to reap rewards on Cyprus default bet
Reuters – The market price of a Cypriot sovereign bond due to mature in just over two months suggests a gamble by hedge funds that the country will avoid a default will pay off. The EUR1.4bn 3.75% bond, due to […]
Hicks sentenced to 40 months in fake hedge fund case
Boston Herald – A Boston-area man was sentenced today in federal court to 40 months in prison, and was ordered to pay restitution of $2.3 million, in connection with a fake hedge fund investment scheme, according to the U.S. Attorney’s […]
Farallon hedge fund launches real estate vehicle
Reuters – Hedge fund firm Farallon Capital Management LLC is raising a new real estate fund of about $350 million to $400 million, the first time Farallon has set up a separate fund exclusively for the asset class, according to […]
SEC Digging Into Fund Fees
WSJ – The Securities and Exchange Commission is closely scrutinizing the fees and expenses, including travel and entertainment, that hedge funds and private-equity firms charge to their investors. Many managers of hedge funds and private-equity funds—collectively called “private investment advisers”—had […]
Fortress hedge fund bets yen slide has further to run
Reuters – The flagship hedge fund of Fortress Investment Group is betting on a further slide in the Japanese yen, predicting the new central bank governor in Tokyo will step-up the pace of monetary policy easing. The $3.2 billion fund […]
What Do Hedge Funds Want From New Employees?
New York (HedgeCo.Net) – Hedge funds have become some of the most exciting firms within the financial sector. It isn’t just the money that attracts job seekers — applicants are also drawn to the culture and fast-paced environment. Before applying […]
Paulson hedge fund seeks dismissal of Abacus lawsuit
Chicago Tribune – Paulson & Co asked a judge to dismiss a lawsuit accusing the firm of conspiring with Goldman Sachs Group Inc to get a bond insurer to guarantee payments on an investment allegedly designed to fail. In a filing […]
Eurekahedge Hedge Fund Index up 0.22%
New York (HedgeCo.Net) – The global hedge funds sector currently standing at more than US$1.8 trillion, the sector has seen positive returns across all regions in 2012 – with Asia ex-Japan as the best performing region at 12.14% of gains. […]
NRI Grows Presence in Europe with Luxembourg Office
Nomura Research Institute (NRI), Ltd., a leading provider of consulting services and system solutions, announced today the opening of its new Luxembourg office – Nomura Research Institute Europe Limited Luxembourg Branch (NRI Europe Luxembourg Branch). NRI Europe Luxembourg Branch will […]
FATCA Biggest Concern for Hedge Fund Directors
WSJ – New regulations governing the Foreign Account Tax Compliance Act are a primary area of concern for directors of U.S. hedge funds, according to a new poll. Read Complete Article
Avenue hedge fund names CIO as Lasry seen getting ambassadorship
Reuters – As speculation mounts that Avenue Capital hedge fund co-founder Marc Lasry will be nominated as the next U.S. ambassador to France, his $12 billion firm has told investors it is naming its first chief investment officer, according to […]
Hedge Funds Continue With Their Dollar Love Affair
ValueWalk – Hedge funds are still lagging the market for 2013, although a few famous funds are having a great year. Macro hedge funds now aggressively selling commodities for the first time since January this year. In the FX world, […]