Author Archives: Editor
Blackstone hedge fund arm GSO acquires European leveraged loan manager
Hedge Funds Review – GSO Capital Partners, the global credit hedge fund arm of the Blackstone Group, is acquiring Harbourmaster Capital, a European leveraged loan manager with around $11 billion in assets. Dublin-based Harbourmaster will be merged with GSO’s European […]
The Dow Jones Credit Suisse Core Hedge Fund Index Fell 4.23% in September as Market Uncertainty Negatively Affected All Strategies
Press Release – The Dow Jones Credit Suisse Core Hedge Fund Index saw less than half of the declines seen in broad equity indexes in September. Nevertheless, uncertain market conditions negatively affected all strategies. Oliver Schupp, President of Credit Suisse […]
Shrewd hedge funds profit in turbulent September
Reuters – A select band of shrewd hedge fund managers have avoided September’s market pitfalls to post healthy profits, even as Europe’s deepening debt crisis leaves much of the $2 trillion industry nursing painful losses. Bearish macro bets such as […]
New BNY Hedge Fund Whitepaper: ‘Filling the Void: Transparency and the Rise of Custodian Banks.’
New York (HedgeCo.net) – In a new opinion piece, BNY Mellon CEO of Alternative and Broker-Dealer Services Brian Ruane argues that recent industry and economic events will see custody banks continue to play a larger role providing services to hedge […]
Hedge Fund Attorney Chris Vernon Wins Florida Award
New York (HedgeCo.net) – Chris Vernon, of the Naples based law firm Vernon Healy that represents clients facing financial litigation and arbitration, was named this week as Best Lawyers’ 2012 Bet-the-Company Litigation Lawyer of the Year for the Naples and […]
Choosing A Minimally Viable Co-Founder
On Startups – If you’re starting a company, one of the most important decisions you’ll make early on is the selection of a co-founder. Some might advocate just “going it alone” because finding a great co-founder is hard and fraught […]
Trader sets up in Paris after FSA investigation
UK Compliance – A renowned trader has unveiled plans to launch a new hedge fund in Paris after he was investigated by the Financial Services Authority last year. Guillaume Rambourg’s new firm Verrazzano Capital is projected to raise as much […]
Survey Collects Benchmarks for Hedge Fund Compensation
Press Release – The fifth annual Hedge Fund Compensation Survey is being conducted to uncover the trends and changes in hedge fund pay practices. Designed to collect data directly from those in the industry and create a reliable and affordable […]
“New Money For Old Rope” – Wall Street Protestors Recycling Old Rhetoric
Forbes – The first thing that strikes you when you read the recent Declaration issued by the OccupyWallStreet protestors, who have assembled over the past two weeks in Zuccotti Park in downtown Manhattan, is how little of it actually relates […]
‘Tiger Cub’ Kelusa Seeks Money for China Hedge Fund After Beating Stocks
Bloomberg – Kelusa Capital Group, a New York- based manager backed by Julian Robertson, plans to increase the size of its China hedge fund almost five times to $250 million after outperforming the nation’s stocks. Kelusa Capital China, which focuses on the world’s […]
Lawsuit accuses Portland hedge fund managers and accountants of Madoff-like fraud
OregonLive – More than two dozen plaintiffs filed suit Tuesday against the managers of two Portland hedge fund companies and their accountants, alleging they ran a Bernie Madoff-like Ponzi scheme that defrauded investors of at least $5 million. The lawsuit, […]
Westwood hedge fund manager sanctioned $300,000 on insider trading
Boston.com – A federal judge in New York approved a former Westwood hedge fund manager’s offer to settle for $300,000 insider trading charges brought against him as part of a nationwide probe of improper tips on technology stocks, regulators said […]