Author Archives: Editor
Hedge fund Brevan Howard’s 33 partners share £86m
Telegraph – The hedge fund made almost £700m in fees for the eight months to March 2009, a period that saw the collapse of the credit markets, the implosion of Lehman Brothers and the FTSE 100 diving below 3,500. But […]
Hedge Fund Whitepaper: An Enhanced Approach to Long Term Equity Investing
New York (HedgeCo.net) – A new research paper released by Credit Suisse, “Long/Short Equity: An Enhanced Approach to Long Term Equity Investing,” that compares long-only equity strategies to long/short equity strategies. Key points in the paper include: L/S Equity Strategies […]
Hedge Witch Hunt – Fund Presses to Get Magazine to Reveal Source
American Chronicle – One of New York’s wealthiest hedge-fund gurus is on a witch hunt to track down the person who leaked his fund’s latest quarterly investor letter. The hunt, started this week with court papers being filed, also includes […]
HedgeBay: Secondary Hedge Fund Market Drops 3% in August
New York (HedgeCo.net) – Hedgebay’s monthly secondary market index continued its general trend of recent months, with near-par trading, deals at around 100% of NAV, once again in short supply. This trend is being driven by the scarcity of locked […]
EisnerAmper: On the Changing Tax and Auditing Environment
Press Release – Regulatory initiatives enacted in response to the economic downturn, along with changes in the capital markets, pose a number of accounting, audit and tax issues for public companies. EisnerAmper LLP recently expanded its public company practice through […]
Loan by Glodis followed one he received
Boston.com – In September 2004, when he was a candidate for Worcester County sheriff, Guy W. Glodis lent his campaign $22,000 just days after receiving a $20,000 personal loan from a controversial hedge fund manager, his political finance records show. […]
HFMWeek Daily Snapshot – 24 August
HFMWeek – The boyfriend of a former Walt Disney administrative assistant admitted to engaging in a scheme to sell early access to the company’s earnings report in US district court in Manhattan yesterday, reports the Wall Street Journal. Yonni Sebbag […]
Federal Reserve, Lehman, Disney, Apple, JPMorgan, Wesleyan in Court News
Bloomberg – An appeals court refused to reconsider a decision compelling the Federal Reserve Board to release documents identifying banks that might have failed without the U.S. government bailout. The full U.S. Court of Appeals in New York, denied a […]
Indian father, son face lawsuit in US over hedge funds
The Economic Times – An Indian father and son who ran two small hedge funds catering to Silicon Valley Indian professionals are facing a lawsuit by angry investors alleging the two hid big losses in 2008. The lawsuit alleges Vishwas […]
Coffee to Rally as Funds Add to Bullish Bets, India Group Says
Bloomberg – Coffee may extend gains from near a 13-year high as hedge funds and other speculators add to wagers that prices will climb amid a production shortfall, an Indian exporters’ group said. Prices of arabica and robusta beans may […]
Investors question ‘public’ private equity
Reuters – Private equity and hedge funds going public have not had a smooth ride, and as more weigh navigating the choppy waters, investors in such funds are questioning the benefits. Others waiting in the wings to follow the path […]
Oil Market Summary: Prices Spiral Downwards
New York (HedgeCo.net) – Crude oil prices continued their downward spiral during the week as new data confirmed that U.S. economic growth is slowing, according to Oilprice.com’s Darrell Delamaide. The benchmark West Texas Intermediate contract settled 2.6% lower for the […]