Author Archives: Editor
Hedge funders grouse over Obama speech
Greenwich Time – The toast of this suburban hedge fund hub four years ago, when Paul Tudor Jones II and George Soros opened their Rolodexes for him at a star-studded fundraiser in Greenwich, these days President Barack Obama is testing the loyalty of some […]
UCITS hedge funds offered as “disguised” products in Germany, Opalesque Austria Roundtable
Opalesque – Participants in the latest Opalesque Austria Roundtable, sponsored by Salus Alpha Group and the Opalesque Roundtable Series sponsor Custom House Group, and held in Vienna at the end of June, all agreed that it is easier to sell hedge funds products in […]
Hedge-Fund Chief Ruddock Gives Millions to Charity, Shuns Spotlight at V&A
Bloomberg – Paul Ruddock was eight when, on a visit to London’s Victoria & Albert Museum, he came across a boarded-up room of sculpture casts. “I remember looking through a chink in the plywood, seeing Trajan’s Column, and just being […]
Europe hedge fund launches bigger than ever: data
Reuters – New European hedge fund launches are starting life with more client capital than ever, data from EuroHedge showed on Wednesday, as investors put their faith in a select band of managers they think can guide them through choppy markets. […]
Wealth Managers to Boost Investments in Asia-Pacific Region
San Francisco Chronicle – Wealth managers are looking to boost allocations to markets in the Asia-Pacific region in the next 12 months as they expect higher returns, according to a study by Scorpio Partnership Ltd. Eighty-four percent of investment professionals […]
George Soros says, regulatory red tape leads him to bow out
Economic Times – Hedge fund legend George Soros has suggested regulatory red tape is leading him to bow out of investing other people’s money. He’s not alone. Stanley Druckenmiller and Carl Icahn made similar noises when handing back investors’ money. […]
Obama and Boehner Present Dueling Debt Plans
Accounting Today – President Barack Obama and Speaker of the House John Boehner, R-Ohio, made the case for their rival approaches to controlling the nation’s spiraling budget deficit as the clock ticks down to the August 2 deadline for raising […]
Soros to End Four-Decade Hedge-Fund Career, Return Money
Bloomberg – George Soros, the billionaire best known for breaking the Bank of England, is returning money to outside investors in his $25.5 billion firm, ending a career as hedge-fund manager that spanned more than four decades. Soros, who turns […]
Update: Hedge Fund Law Firms Cole-Frieman & Mallon P.C. Announce Merger
New York (HedgeCo.net) – Two hedge fund law firms, Cole-Frieman LLP and Mallon P.C., have teamed up to create Cole-Frieman & Mallon LLP., the 3rd largest hedge fund practice based in San Francisco. The combined firm has over 200 hedge fund industry […]
Hedge Fund Tech: Direct Access Partners and Paladyne Systems Team Up
Press Release – Direct Access Partners, LLC, (DAP), a leading multi-asset class trading and prime brokerage firm, and Paladyne Systems, Inc., the leading provider of next generation investment management solutions, today announced a strategic relationship to provide Paladyne’s turn-key technology […]
James Kelly Joins Citi as Pensions Specialist in Hedge Fund Capital Introductions
New York (HedgeCo.net) – James Kelly has joined Citi’s Prime Finance Group, expanding Prime Finance’s capital introductions capabilities for its hedge fund client base. Kelly joins Citi as Director and Pensions Specialist within Prime Finance’s Capital Introductions Group. “As more […]
Ex-TPG Axon’s Kumar Stops Raising Investor Money for LionRock Hedge Fund
Bloomberg – LionRock Capital Pte, run by a founding partner of TPG-Axon Capital Management LP, will stop seeking outside investors for its hedge fund that will focus on managing the partners’ money. “I can confirm that LionRock will no longer […]