Author Archives: Editor
British Prime Minister Wines and Dines With Hedge Fund Managers
ValueWalk – Britain’s Prime Minister David Cameron invited several hedge fund executives to dine with him at his London home. The three top executives apparently made significant donations the Conservative Party in the U.K. On July 14th of 2010, Michael […]
Hedge Fund Man Group Launches Transparency Portal
New York (HedgeCo.net) – Man Group plc. (‘Man’), the $58.4 billion hedge fund investment manager, has launched Clarus, an online portal for investors in managed accounts to obtain greater transparency in their underlying investments. The financial crisis and subsequent shocks in markets have emphasised the […]
Wiretaps Allowed In Ex-Goldman Director Gupta’s Insider Case
WSJ – A federal judge, in an opinion made public Tuesday, said that prosecutors can play at Rajat Gupta’s insider-trading trial secretly recorded phone calls captured from the cellular phone of Raj Rajaratnam, a hedge-fund manager he alleged tipped. The phone calls […]
Hedge-Fund Chief Plans Sparkling Wine in Biggest U.K. Vineyard
SF Chronicle – Mark Driver, who worked for banks in London and Hong Kong before helping found a hedge fund, yesterday began planting vines on the coast of England where he aims to produce sparkling wine to match France’s finest. Rathfinny, […]
Goldman Diaspora Falters as Flamand, Sze Hedge Funds Decline
Bloomberg – Ex-Goldman Sachs Group Inc. traders led by Pierre-Henri Flamand and Morgan Sze raised more than $4.5 billion for their own hedge funds, helped by the experience of having worked at what once was Wall Street’s most profitable securities […]
Hedge fund COMAC stays bearish despite rally
Reuters – Hedge fund COMAC Capital, the $5.2 billion macro fund run by Colm O\\\’Shea, is bracing for a fresh round of turmoil in European markets, people familiar with the fund said, and is sticking to its bearish strategy despite […]
CAMPBELL & COMPANY ANNOUNCES EXPANSION OF MANAGEMENT TEAM
Campbell & Company today announced the expansion of the firm’s executive management team with the appointment of Steven Schneider as Chief Administrative Officer effective April 2nd. Mr. Schneider joins Campbell with over 25 years of experience working as Chief Administrative […]
Ziegler Lotsoff Capital Management launches Long/Short Credit Mutual Hedge Fund
New York (HedgeCo.net) – The Ziegler Lotsoff Capital Management Long/Short Credit Fund (“the Fund”) seeks to provide current income and capital appreciation by investing primarily in investment grade and non-investment grade U.S. fixed income securities. The Fund attempts to produce a […]
Coast Asset Management To Sell Its Fund of Hedge Funds Business
New York (HedgeCo.net) – California-based alternative investment firm, Coast Asset Management, it is divesting itself of its fund of hedge funds business in order to focus on fixed income arbitrage investment strategy. “We are pleased with the way our fixed […]
2012 Hedgeweek Awards: BNY Mellon Best Asian Hedge Fund Administrator
New York (HedgeCo.net) – BNY Mellon’s Alternative Investment Services (AIS) division received top industry recognition in the 2012 Hedgeweek Awards last week in London, winning the Best Asian Hedge Fund Administrator Award. “We see the bar being raised each year […]
Mueller receiver files lawsuit against funds’ broker-dealers
Biz Journal – The court-appointed receiver for Sean M. Mueller — the Denver-area hedge fund manager convicted of racketeering, securities fraud and theft — this month filed a $26 million claim against the broker-dealers who operated hedge funds for Mueller, alleging they […]