Author Archives: Editor
Fatal escalator fall at The Pier at Caesars ruled accidental
Atlantic City – Authorities are calling James P. Vellanti’s 30- to 40-foot fall from an escalator early Sunday at The Pier at Caesars an accidental death. Atlantic County Medical Examiner Dr. Hydow Park found multiple traumatic injuries in Vellanti’s autopsy. […]
Hedge funds profit from stock sales
Connecticut Post – Hedge funds that in the past sought to profit from rising and falling equities are gaining by buying into companies that sell shares to cut debt and fund purchases, according to SAC Global Investors LLP’s Rob Leach. […]
Holon Fund Gains 1.86% in August, 25.25% YTD
New York (HedgeCo.net) – Hedge fund manager Quantum Global Financial Corp. (QGF) reports a 1.86% gain in August for its Holon Fund, bringing the year-to-date return to 25.25% and the rolling 12-month return to 29.18%. For the same 12 months, […]
SF says Lisbon is bad deal for Ireland
Belfast Telegraph – Finance Minister Brian Lenihan is asking Libertas leader Declan Ganley to confirm that his financial backers are not betting against Ireland on the international markets. Reports over the weekend named a hedge fund as being one of […]
‘Insights for Investors’ Conference Draws Hedge Fund Managers
New York (HedgeCo.net) – The GlobeOp seminar drew a capacity audience of hedge fund investors and managers, representing approximately $260 billion in assets under management, in New York City over the weekend. Speakers representing Lighthouse Investment Partners, Lyxor Asset Management, […]
Twitter lures in an unusual backer
Total Telecom – Twitter Inc., the latest Silicon Valley start-up to stir up investor excitement based on lofty expectations and an unformed business model, has a new backer that’s been a relative stranger to venture capital in recent years: T. […]
Hedge funds: If you can’t beat ’em …
TheDeal.com – Since increased regulation for hedge funds and private equity managers is essentially inevitable, several organizations, including the Managed Fund Association and the Alternative Investment Management Association, have stopped trying to stymie legislation, but they have instead saddled up […]
The Dow Zero Insurgency
New York Magazine – Only a few loyal readers paid attention to the blog called Zero Hedge, a no-frills site full of arcane analysis decipherable only by finance professionals. But when a former Goldman Sachs computer programmer was arrested for […]
Hedge funds and private equity groups fear the Tories will not fight new European legislation on disclosure
TimesOnline – Hedge funds and private equity groups are deeply anxious that a wave of proposed European legislation on disclosure could push them out of business, with little resistance from the Tories. Hedge funds and private equity firms are desperate […]
Wall Street money rains on Chuck Schumer
Politico – Schumer, No. 3 in the Senate Democratic leadership and the former chairman of the Democratic Senatorial Campaign Committee, has offered scads of proposals that the industry doesn’t like on issues from corporate governance to derivatives to the creation […]