Category Archives: Offshore funds
Utah Resident Charged With Defrauding Investors
(HedgeCo.Net) The Securities and Exchange Commission has charged Craig C. Garrick, Jr. of Alpine, Utah, with defrauding investors by misappropriating their funds. According to the SEC’s complaint, Garrick induced investors to invest at least $450,000 in a company Garrick partially […]
Bahrain Hedge Fund Investor To Buy US Designer Company
New York (HedgeCo.Net) – The Bahrain-based hedge fund investor Investcorp and private equity firm Freeman Spogli & Co, are teaming up to buy the Cincinatti-based rain and cold weather accessory designer Totes Isotoner Corporation. The terms of the transaction were not disclosed. “We are excited […]
Hedge Funds Are Making Their Move Into Puerto Rico
New York (HedgeCo.Net) – After a huge plunge in Puerto Rico’s bond prices over the summer, hedge funds are desperate to get their foot in the door. Hedge fund investor Fairbridge Capital Partners has purchased the Puerto Rico based brokerage […]
Third Point Re to partner with Hiscox on catastrophe reinsurance fund
Artemis – Bermuda based reinsurer Third Point Re, backed by a hedge fund and institutional investors, are partnering with Hiscox Insurance Company (Bermuda) Limited in the development of their first catastrophe reinsurance fund efforts. A few weeks ago we wrote […]
Gawker Publishes Mitt Romney’s Offshore Hedge Fund Holdings
New York (HedgeCo.Net) – More than 950 pages of hedge fund audits, statements, and investor letters have been published by online magazine Gawker, naming over 20 entities the presidental hopeful has invested in. Gawker reveals: “Romney had invested—at minimum—more than […]
Nomura Holdings Veteran prepares $250 Million Asian Hedge Fund Launch
New York (HedgeCo.Net) – Jean-Noel Payer, a Managing Director at Nomura Holdings until last month has recieved regulatory clearance this week to start his own Asia-focused hedge fund named Voltex Asia Capital Ltd. Reuters places the $250 Million Voltex launch […]
German government wants to limit hedge funds to professionals
(Reuters) – German Finance Minister Wolfgang Schaeuble wants to limit direct investment in hedge funds to professionals in order to protect private investors from risky assets, via a new bill regulating alternative investment funds, his ministry said on Wednesday. “Interests […]
Hedge Fund Law Firm Ogier Wins Offshore Lawyer Award
New York (HedgeCo.net) – Cayman-based hedge fund law firm Ogier this week won the Offshore Law Firm of the Year award, announced at The Lawyer Awards 2012, in London. “We are absolutely delighted to win the Lawyer Offshore award. Last year […]
Hedge Fund Senrigan Capital to score big with $50mln Co-investment from Blackstone Group
New York (HedgeCo.Net) – Nick Taylor, British born portfolio manager of the 3 year old Senrigan Capital, has entered into a $50 million to co-investment deal with it’s long-time investor Blackstone Group. With over $1 Billion under management, Senrigan is […]
Hedge Fund Fraud: Magnus Peterson of Weavering Capital Fund Guilty
New York (HedgeCo.net) – After a long and drawn out trial regarding the collapse of the UK’s largest Hedge fund, Magnus Peterson the boss of the Mayfair-based Hedge Fund has been found guilty of fraud and breach of duty and […]
Hedge Fund People Moves: Ogier Cayman Appoints New Partner
New York (HedgeCo.net) – Hedge fund law firm Ogier announced today the appointment of Richard de Lacy QC to the role of partner and head of the firm’s Cayman litigation practice, effective 19 March 2012. “We are delighted to be […]
