Category Archives: Developing Stories
Hedge Fund Moves: Man expands AHL presence to create standalone CTA trading team in Hong Kong
New York (HedgeCo.net) – Hedge fund giant Man Group plc has expanded it’s Hong Kong AHL division – Man’s quantitative managed futures manager – to 11 (from five), making it one of the first and largest CTAs to create a […]
The Mets And The Madoff Hedge Fund Scheme
New York (HedgeCo.net) – In the upcoming May 30th issue of The New Yorker, the article by Jeffrey Toobin, “Madoff’s Curveball”, covers the the money Fred Wilpon, the chairman and chief executive of the New York Mets, lost in Madoff’s hedge […]
Hedge Fund Managers, The Mayor And Republicans Join The Fight For Same Sex Marriage in NY
New York (HedgeCo.net) – A group of three hedge fund managers, Paul E. Singer, a “top-tier Republican donor,” Steven A. Cohen and Clifford S. Asness have decided to back, financially and otherwise, the establishment of same-sex marriage in the state of […]
Hedge Fund Conviction: Rajaratnam News Roundup
New York (HedgeCo.net) – The Sri Lankan-born American who founded the hedge fund Galleon Group, a New York-based management firm, was found guilty on all 14 counts of conspiracy and securities fraud yesterday. Bloomberg – The hedge fund co-founder will appeal […]
Evolved Alpha Opens Flagship Hedge Fund to New Investors
New York (HedgeCo.net) – Evolved Alpha’s flagship Multistrategy hedge fund is opening to new investors following their first year of operations. “Performance has been strong; with the Multistrategy share class up 5% year-to-date, while showing little correlation to beta benchmarks […]
Las Vegas ‘SALT’ Hedge Fund Conference 2011 Sold Out: George W Bush, Gordon Brown
New York (HedgeCo.net) – The SkyBridge Alternatives (SALT) Conference, which will convene 1,500 participants including global leaders, capital allocators and hedge fund managers at the Bellagio Resort & Casino in Las Vegas May 11 to 13, 2011, has sold out, […]
Hedge Fund Mergers and Acquisitions: Miles Howland/AW Jones
New York (HedgeCo.net) – New York based alternative investment management firm, Miles Howland & Co. LLC., (MHC) has finalized an agreement forming a joint venture with an established fund of funds manager, A. W. Jones Co. based in New York. […]
Activist Hedge Fund Challenges Board At Fisher Communications
New York (HedgeCo.net) – FrontFour Master Fund, Ltd., an affiliate of hedge fund investor FrontFour Capital Group LLC., has written a letter to the stockholders of Fisher Communications, Inc., criticizing the current board of directors and nominating new candidates. Fisher’s […]
Hedge Fund Backed Mega-Quarry Riles Up Local Farmers
New York (HedgeCo.net) – The Highland Companies, backed by Boston-based hedge fund Baupost Group, is seeing local opposition to its new Canadian mega-quarry plans. The group of protesters yesterday passed the half-way mark of their 5 day, 119 kilometer march. The group of residents, farmers […]
Hedge Fund Books: Vonnegut’s The Gods Of Greenwich
New York (HedgeCo.net) – Former stockbroker, Norb Vonnegut (a cousin of the late Kurt Vonnegut) follows up his debut novel, Top Producer (2009), with a new tale of frighteningly plausible-sounding hi-jinx in the world of high finance. He delivers a […]
Hedge Fund Launch: Quam Silk Road Mongolia Fund
New York (HedgeCo.net) – Investment management firm Silk Road Management (SRM) has announced the launch of the Quam Silk Road Mongolia Fund, a new hedge fund investing in globally listed companies primarily exposed to the Mongolian economy. “Mongolia has a significant […]
Prosecution Rests In Rajaratnam Hedge Fund Case
New York (HedgeCo.net) – The government has rested its case against hedge fund founder Raj Rajaratnam in Manhattan court yesterday, according to Bloomberg news. The defense asked the Judge asked to throw out the case. “At this time we move […]
