Author Archives: Editor
Hedge Funds Given One Year To Register With SEC
New York (HedgeCo.net) – The House Financial Services Committee yesterday said that hedge-fund managers and private-equity managers would be given a one-year transitional period before being required to register with the SEC and be subject to disclosure requirements to investors […]
UK Hedge Funds Care Hosts Art Auction – Picasso, Dali, Matisse and Chagall
New York (HedgeCo.net) – Hedge Funds Care is holding its fifth London black tie event in Whitehall, London, on 3 December 2009. Esther Rantzen CBE, veteran journalist and TV presenter as well as founder of ChildLine has agreed to become […]
Hedge fund firm Cadogan inks spin off from Fortis
Reuters – Hedge fund group Cadogan Management LLC has signed a deal to spin off from Fortis Bank, taking a step that investors expect will attract new assets because it eases uncertainty about the firm’s future. New York-based Cadogan will […]
logi Energy Determines Saudi Oil Production Has Peaked
New York (HedgeCo.net) – In a discussion with Jim Puplava, FS Radio, Jeffrey Brown described his analytical work with Dr. Samuel Foucher, also part of logi Energy, where they determined that annual production in Saudi Arabia has never exceeded the […]
Hedge-Fund Boxers Take Punches for Charity, Dodge Market Blows
Bloomberg – Benoit “La Tornade” Descourtieux, the second-oldest contender in Hong Kong’s third annual Hedge Fund Fight Night for charity, finds it easy to draw a link between managing money and martial arts. “As long as we do well most […]
Ex-Bear Stearns manager wins email ruling
Reuters – Former Bear Stearns hedge fund manager Matthew Tannin won a round during his trial in New York on fraud charges on Monday when a judge ruled the jury cannot see a personal email in which he wrote about […]
Cioffi ‘Upset’ When Told Bear Wouldn’t Permit Florida Loan Lien
Bloomberg – The head of Bear Stearns Cos. hedge funds testified that Ralph Cioffi got “upset” when told the company wouldn’t authorize him to pledge his $6 million holdings in the funds he managed to secure a line of credit […]
Hedge Fund Shareholder Appointed To Legg Mason’s Board Of Directors
New York (HedgeCo.net) – $703 billion global asset management firm, Legg Mason, announced today that an outstanding shareholder, hedge fund manager Nelson Peltz, will be elected to the Company’s Board of Directors, Peltz is Chief Executive Officer and a founding […]
Palestinians plan to boost housing by investing in City hedge funds
Guardian.co.uk – Palestinian house builders on the West Bank could benefit from an influx of cash if plans by the $900m (£552m) Palestine sovereign wealth fund to invest in London-based hedge funds go ahead. The Palestine Investment Fund (PIF) is […]
UPDATE: New Hedge Fund To Benefit From Offshore Tax Changes
New York (HedgeCo.net) – Two UK hedge fund managers have timed the launch of their new hedge fund so that investors subscribing before 1 December will see their returns subject to Capital Gains Tax rather than income tax ahead of […]
In defence of accused hedge fund billionaire Raj Rajaratnam
Guardian.co.uk – My coverage of Raj Rajaratnam, the Wall Street hedge fund manager accused of orchestrating a sophisticated insider trading ring with tipsters at firms such as IBM and Intel, has prompted an email from an acquaintance of the accused […]
Hedge fund guru George Soros claims bonus anger is justified
City AM – Billionaire investor George Soros at the weekend became the latest high-profile financier to wade into the bonus debate as he claimed the backlash against banking fat cats on lucrative pay deals is justified. Speaking in an interview […]