Category Archives: Developing Stories
Merlin Launches Hedge Fund Analysis Functionality
New York (HedgeCo.net) – Merlin Securities, a leading prime brokerage services and technology provider for hedge funds, managed account platforms and family offices, has launched groundbreaking new reporting functionality which will enable funds to more precisely articulate their performance for […]
Cayman Finance “Open Letter to Senator Levin” On Hedge Fund Tax Jurisdiction Falsehoods
New York (HedgeCo.net) – The financial services industry in the Cayman Islands rejects false claims by a U.S. business group, “Business and Investors against Tax Haven Abuse.” That U.S. business group recently claimed that low or no-tax jurisdictions hurt the […]
Hedge Fund Broker Lighthouse Suspends Trading Activities
New York (HedgeCo.net) – New York-based Lighthouse Financial Group has suspended their trading activities until further notice, effective August 3rd 2010, according to the hedge fund brokers’ website. Lighthouse became a subsidiary of Lighthouse Global Partners, LLC in 2005, the […]
Hedge Fund Verno’s Quarterly Review of the Russian Economy
New York (HedgeCo.net) – In its Quarterly Review of the Russian Economy, hedge fund Verno Investment Management mapped out some of the forces that suggest that the macroeconomic picture continues to show signs of gradual improvement. Recent economic numbers indicate […]
Hedge Fund Seeding Arm Of FRM Teams Up With Varna Capital
New York (HedgeCo.net) – The hedge fund seeding division of Financial Risk Management (FRM), and Varna Capital LLC (Varna) have formed a strategic relationship which involves FCA making a significant investment in Varna’s first fund. Varna is a newly formed […]
Hedge Fund Giant BlackRock’s Profit Up 98%
New York (HedgeCo.net) – Bloomberg reports that BlackRock’s second-quarter profit rose 98% after the acquisition of Barclays Global Investors boosted their income. “Going into the merger we knew that some clients would have to address concentration issues and that the […]
Hedge Fund Manager Rogerscasey Reaches $10 Billion
New York (HedgeCo.net) – Institutional, hedge fund and high net-worth investor solutions firm, Rogerscasey, has reached $10.0 billion in *discretionary assets under management as of June 30, 2010. To further this growth, the firm recently hired Robert Zeidman, a former […]
Hedge Funds Blamed For Driving Up The Price Of Chocolate
New York (HedgeCo.net) – Anti-poverty campaigners are up in arms against financial speculators for making bets on food prices, The Guardian reports. Cocoa prices jumped to a 33-year high when a London hedge fund bought about 7% of the annual […]
Hedge Fund Giant Blackstone Hires Finley As Chief Legal officer
New York (HedgeCo.net) – Hedge fund giant Blackstone Group has hired John Finley, formerly a partner at Simpson Thacher & Bartlett as senior managing director and chief legal officer. He will take over from the retiring Robert Friedman in September. […]
Cayman Islands Signs Tax Information Exchange Agreement with Canada
New York (HedgeCo.net) – The Cayman Islands has signed a tax information exchange agreement (TIEA) with Canada. Canada’s representative, Stephen Hallihan, signed the agreement on behalf of the Government of Canada. “The signing of this important bilateral agreement marks a […]
Activist Hedge Funds Buying Newspaper Industry Debt
New York (HedgeCo.net) – The Los Angeles Times reports that hedge funds and banks are taking over some of the major US newspapers as they begin to emerge from bankruptcy protection. “Distressed debt” hedge funds such as Angelo, Gordon & […]
Hedge Fund Nominees Wanted: 40 Under 40
New York (HedgeCo.net) – Nominations are now being accepted by for candidates for the 2010 40 Under 40 M&A Advisor Recognition Awards. Investment Banking, Private Equity, Hedge Fund, Law, Valuation and Research, among others, are on the list of professional […]
