Category Archives: Developing Stories
UCITS Hedge Fund Strategy Index up 0,93% in First Two Weeks of March
New York (HedgeCo.net) – The UCITS Hedge Fund Strategy Index gained 0,93% within the first two weeks in March 2010, every strategy except fixed income and market neutral were positive, Global macro not only being the most successful strategy in […]
Clients Leave As Horseman Hedge Fund Manager Resigns
New York (HedgeCo.net) – When hedge fund founder and manager John Horseman stepped down from his position as CEO of Horseman Capital, his clients pulled out with more than half of the hedge fund’s assets, Reuters reported. Horseman’s flagship fund […]
Hedge Funds & the Brokered CD Market
New York (HedgeCo.net) – Hedge fund managers can use the brokered CD market for cash management according to attorney Stephen M. Goodman, a partner with New York law firm Pryor Cashman. “Brokered CDs are used in cash management to provide […]
Hedge Fund Muse Louis Wolfson’s Bio Completed
New York (HedgeCo.net) – Perilune Pictures, a startup film company based in Savannah, Georgia, is scheduled to release the film “L.E.W.,” a documentary based on the life of America’s first corporate raider Louis Wolfson. Wolfson is credited with creating the […]
Florida Hedge Fund Manager Nadel Pleads Guilty in Ponzi Scheme
New York (HedgeCo.net) – Former hedge fund manager Arthur G. Nadel has pled guilty to 15 counts of securities fraud, mail fraud, and wire fraud, the US attorney for the southern district of New York said. The indictment claims that […]
Galleon Hedge Fund Case May Claim 10th Guilty Plea
New York (HedgeCo.net) – In the case of U.S. v. Hariri, former Atheros Communications Inc. Vice President Ali Hariri has waived his right to a grand jury indictment, according to a Reuters report. If Hariri pleads guilty, it will become […]
Hedge Fund Fraud Case Postponed Until After Civil Suit
New York (HedgeCo.net) – The date has been set for hedge fund founder Raj Rajaratnam’s criminal suit. New York Judge Richard Holwell has delayed it till Oct. 25, 2010. “Ensuring a full opportunity for both sides to litigate all the […]
Investors Questioning Economic Recovery
New York (HedgeCo.net) – Investors are positioning themselves for halts in both Europe and China’s economic recovery, according to the BofA Merrill Lynch Survey of Fund Managers for February. Investors have scaled back their growth expectations, retreated into cash and […]
Update: Consultancy Company Offers Fine Wines to Alternative Investors
New York (HedgeCo.net) – Premier Red Fine Wines are showcasing their latest wine investment performance figures to alternative investors. The leading wine consultancy company says their investment performance figures indicate that wine has staying power as one of the leading […]
Galleon Hedge Fund Case Wins Temporary Reprieve
New York (HedgeCo.net) – Hedge fund founder Raj Rajaratnam and his co-defendant, Danielle Chiesi, won an emergency order relieving him from having to turn over wiretap recordings in the SEC v Galleon case, according to a Reuters report. Because of […]
Judge Upholds ‘Terminator’ Sale To Hedge Fund
New York (HedgeCo.net) – In an update to a previous HedgeCo news article, a U.S. Bankruptcy Court in Los Angeles has agreed to uphold the hedge fund Pacificor’s purchase of the ‘Terminator’ franchise rights from Halcyon Holding Group LLC. Halcyon […]
Hedge Fund Pacificor Wins Terminator Franchise Rights
New York (HedgeCo.net) – Halcyon Holdings has accepted a deal from hedge fund Pacificor yesterday after a five-hour auction, according to a report by IndieMoviesOnline.com. The Terminator rights were sold for $29.5 million, following a legal battle in which Halcyon […]
