Author Archives: Editor
San Antonio Fire & Police pension fund puts $50 million in hedge funds
Pensions & Investments – San Antonio Fire & Police Pension Fund committed $10 million each to five hedge fund managers, according to recently released minutes of the July 31 board meeting. The $2.2 billion pension fund committed to Indus Pacific […]
AMR says hedge funds may provide equity financing
Reuters – The parent of American Airlines said on Wednesday a group of hedge funds was interested in providing equity financing to help it emerge from bankruptcy, with Dow Jones reporting the funds could contribute up to $2 billion. AMR […]
Bank Said To Tell Clients Paulson More Aggressive
Bloomberg – John Paulson, the billionaire hedge- fund manager coming off record losses in 2011, is a more aggressive risk-taker than his peers, Spencer Boggess, Bank of America Corp.’s director of hedge-fund investments, told clients invested with Paulson. Boggess made […]
SEC charges former Sky Bell hedge fund manager Gary Marks for misrepresentations
Opalesque Asia – The U.S. financial watchdog on Monday filed a settled civil action before the United States District Court for the Northern District of California against hedge fund manager Gary R. Marks for alleged misrepresentations in selling and recommending […]
U.S. Files New Charges in Hedge Fund Insider Trading
Nasdaq – Federal prosecutors filed new charges Tuesday against employees at three hedge funds accused of making improper trades on inside information. The new charges relate to short sales of NVIDIA Corp. stock in April and May 2009. Those charged Tuesday […]
Hedge-Fund Marketing Could Begin New Era As SEC Set For Proposal
Bloomberg – Hedge funds may go from soliciting individual investors behind closed doors to conducting wide advertising campaigns under a rule set for proposal today by the U.S. Securities and Exchange Commission. SEC commissioners will decide whether to invite public […]
Study: Hedge Fund Assets Rise in First Half of 2012
New York (HedgeCo.Net) – Single-manager hedge funds, which include commodities trading advisors, withstood market swings, macroeconomic uncertainties and regulatory reforms in the first half of 2012, increasing their reported assets under management by 5.23% to $1.892 trillion, according to a study […]
Rajat Gupta’s sentencing preponed by a day to Oct 17
The Hindu Business Line – The sentencing of former Indian-American Goldman Sachs director Rajat Gupta, convicted of passing confidential market information to Galleon hedge fund founder Raj Rajaratnam in one of America’s biggest insider trading cases, has been preponed by […]
McGladrey Expands Northeast Hedge Fund Practice
New York (HedgeCoNet) – Hedge fund tax and consulting service provider, McGladrey LLP, announced the expansion of the firm’s financial services investment industry-focused practice in Connecticut and Westchester. Providing an extensive array of services to hedge funds and investment partnerships, fund of […]
Hedge Fund Tech: Total Return 2012
New York (HedgeCo.Net) – Hedge fund tech provider SS&C Technologies has announced the general availability of Total Return 2012, an update to SS&C’s portfolio and partnership accounting and reporting platform for hedge funds, funds of funds and family offices. “We […]
Hedge-fund bets jump to 15-month high on bull rally
Business Standard – Hedge funds boosted bets on rising commodities to the highest in 15 months, driving prices into a bull market as the US drought worsened and the Federal Reserve signaled it may take more steps to spur economic […]
Hedge Funds Are Getting Clobbered In 2012
Forbes – The hedge fund crowd is licking its wounds heading into the Labor Day weekend after getting clobbered by the market. As hedge funds look toward the homestretch of 2012 they will have to pull off a sector-wide miracle […]