Author Archives: Editor
EU draft law on hedge funds attracts more criticism
Hedge Funds Review – The European parliament’s committee on economic and monetary affairs held a hearing and a workshop examining the directive on Tuesday (November 10). Meanwhile, the UK’s House of Lords EU economic and financial affairs and international trade […]
BlueCrest Said to Prepare Geneva Office as London Taxes Rise
Bloomberg – BlueCrest Capital Management Ltd., a London-based hedge fund firm that oversees about $15.4 billion, plans to open an office in Geneva as increased taxes and regulation make London a less attractive location, a person familiar with the situation […]
Hedge Fund Compensation on the Rise For 2010
New York (HedgeCo.net) – The 2010 Hedge Fund Compensation Report, released by Glocap Search LLC and HedgeWorld, shows signs that a recovery is underway. In addition to raising compensation over 2008 levels, funds have begun hiring again, the report explains. […]
The Week In Hedge Fund Fraud
DealBreaker – Admit it: You’re bummed that the Bear Stearns fraud trial has ended in a flash of prosecutorial incompetence and 12 potential clients for Ralph Cioffi and Matthew Tannin. We are, too. But fear not, friends, there’s an embarrassment […]
Hedge Fund Association “Speak Up” Gains Traction on Capitol Hill
Washington, DC – November 9, 2009 – The Hedge Fund Association, HFA, today announced progress on its “Speak Up” campaign, which seeks to ensure that regulation of the hedge fund industry meets government concerns without imposing over-reaching, broad measures that […]
The nightmare hedge fund employee
Fierce Finance – This is the mark of a small, amateurish hedge fund: Having the CFO serve also as chief trader. That’s hardly going to inspire big pensions to take a close look at investing in you. So perhaps we […]
Conyers Hosts 8th Annual Offshore Law Forum in New York
New York (HedgeCo.net) – As the global economy continues to evolve in the aftermath of the credit crunch, lawyers from Conyers Dill & Pearman provided a timely update on regulatory developments offshore to over 100 lawyers and financial executives at […]
Liongate Fund Of Hedge Funds Dubai Expansion
New York (HedgeCo.net) – Winner of the “Fund of Hedge Funds Leader of the Year” 2009, Liongate Capital Management, has opened a Dubai office after being awarded a license by the Dubai Financial Services Authority (DFSA) to operate from the […]
Hedge fund Paulson & Co raises bet on Cadbury
Reuters – Hedge fund firm Paulson & Co, which earned billions with savvy bets during the credit crisis, has doubled its stake in candy maker Cadbury Plc, according to a regulatory filing released on Tuesday. The New York-based hedge fund […]
Australian Companies Turn to Hedge Funds for Finance, KPMG Says
Bloomberg – Hedge funds are boosting investments in Australian companies, filling a “funding gap” left by a reduction in bank lending, according to David Heathcote, head of KPMG International’s debt-advisory practice in Australia. “There is significant volume available, particularly from […]
Kiener Fund K1 Invest Hires Liquidators, Letter Says
Bloomberg – K1 Invest Ltd., a fund of K1 Group based in the British Virgin Islands, hired Grant Thornton as liquidator, according to a letter by K1 Invest’s director. The company decided to liquidate because of the effects of K1 […]
2 ex-Bear Stearns hedge-fund managers acquitted
AP – Two Bear Stearns executives who ran hedge funds that collapsed after betting heavily on the shaky subprime mortgage market were acquitted Tuesday of lying to investors — a defeat in the government’s bid to punish fraud exposed by […]