Author Archives: Editor
U.S. Charges 2 Men With Securities Fraud, Running Fake New York Hedge Fund
Bloomberg – Two men were indicted on conspiracy, securities fraud and wire fraud charges for allegedly cheating investors by operating a phony New York-based hedge fund. William Shternfeld and Benjamin Koifman operated A.R. Capital Global Fund LP, an unregistered investment […]
Quarter of new hedge funds are Ucits III
Fund Strategy – Nearly 25% of new hedge funds launched in the third quarter have been Ucits III, according to data released today by Hedge Fund Research. Ucits III versions of hedge funds are becoming increasingly popular among investors as […]
Goldman Sachs star to launch hedge fund
Straits Times – A star player at troubled US banking titan Goldman Sachs is set to leave his post and set up a Hong Kong-based hedge fund that could be one of the largest in Asia, a report said on […]
Dow Jones Credit Suisse Hedge Fund Index Confirmed to Finish Down -0.18% in November
New York (HedgeCo.net) – Final performance for the Dow Jones Credit Suisse Hedge Fund Index (“Broad Index”) is confirmed down -0.18% in November and up 7.82% YTD. Oliver Schupp, President of Credit Suisse Index Co., Inc., said, “The Dow Jones […]
Hedge Fund Mergers & Acquisitions: Ballast Capital Management and Investcorp
New York (HedgeCo.net) – Alternative asset manager Investcorp and Ballast Capital Management, a hedge fund manager based in New York, have partnered up. Ballast, which specializes in long-short equity, is the latest addition to Investcorp’s single manager platform. Ballast is led by Robert […]
Fourth Annual Women’s Private Equity Summit Scheduled for March 3 & 4, 2011
LEXINGTON, Mass. – The 4th Annual Women’s Private Equity Summit—the must-attend annual conference for senior-level women in private equity and venture capital—will be held March 3 & 4, 2011 at the Ritz-Carlton Half Moon Bay, California. This major industry conference […]
New software release for hedge fund portfolio construction
Zurich, Switzerland, December 16th, 2010 – AlternativeSoft has released a new version of its software dedicated to fund of funds, banks, asset managers and pension funds investing in multi asset financial portfolios. In addition to portfolio construction, asset selection, return forecasting […]
UCITS Hedge Fund Strategy Index up +0.11% month to date
New York (HedgeCo.net) – The UCITS Hedge Fund Strategy (HFS) Index lost -0.06% in the second week of trading in December and is up +0.11% month to date (by business day 10, December 14th, 2010). Although seven sub-strategies were negative in […]
Pastor Gets 54 Years For “Hedge Fund” Scam
New York (HedgeCo.net) – Indiana Judge Deana Martin sentenced Vaughn A. Reeves, Sr. to 54 years in prison for his role in a massive affinity fraud investment scheme that raised more than $120 million from investors in church bonds. The […]
FrontPoint Fires Health Care Team
DealBook – FrontPoint Partners, a hedge fund firm hit with $3 billion worth of redemptions — fired its 12-person health care team in the weeks after the group was ensnared by an insider trading case in early November, according to […]
AlphaMetrix buys hedge fund administrator
Pensions & Investments – Terms were not disclosed for the all-cash transaction that was announced Tuesday said an AlphaMetrix spokesman who asked not to be named. The deal closed Dec. 10. AlphaMetrix will integrate Spectrum’s operations into its own to […]
Goldman Sachs hits back at accusations over Bear Stearns
City AM – Goldman Sachs has hit back at allegations that its actions caused the collapse of two key mortgage hedge funds in 2007 at the onset of the financial crisis. In letters now published, Goldman told the US agency […]