Category Archives: Syndicated
Greece and Germany hold talks before crunch eurogroup meeting – live updates
Guardian – The Eurogroup will gather in Brussels this afternoon to discuss Greece’s reform plans, as Athens faces another IMF repayment on Tuesday. Follow the live updates here
Hedge Fund H Partners Wins Mattress Company Fight
Forbes – Hedge fund H Partners scored a victory on Friday in its bid to unseat directors from the board of mattress giant Tempur Sealy International, indicating widespread investor dissatisfaction with the company’s financial results and management. The win, however, […]
Why Hedge Funds Love To Go Offshore
Forbes – Hedge fund titan George Soros reportedly amassed $13.3 billion in deferred hedge fund fees and investment gains on those fees by moving his assets to Ireland and then to the Cayman Islands. Hedge funds love to set up […]
Ex-Goldman trader Lim’s hedge fund assets hit $500 mln – sources
Reuters – May 11 Guard Capital, a macro hedge fund led by two former top traders at Goldman Sachs and Noble Group will stop taking money from new investors from July 1 after a more than ten-fold increase in assets […]
For small biz, hedge funds are the new banks
CNBC – Investor Leon Black, like many peers, has urged caution given high market valuations. But the Apollo Global Management CEO said his $163 billion firm is rapidly expanding one of its business lines: lending money. “Credit in general is […]
Top US hedge fund managers earn $11bn in 2014, but worst in years
Guardian – The top 25 US hedge fund managers earned more than $11bn last year – one of their worst-ever years. It might sound like a lot, but the collective $11.6bn taken home by the 25 leading (all male) hedge […]
SEC Charges Four Former Officers of Delaware Bank Holding Company With Disclosure Fraud
SEC – The Securities and Exchange Commission today filed fraud charges against four former officers of Wilmington Trust for intentionally understating past due bank loans during the financial crisis. The former Delaware-based bank holding company was acquired by M&T Bank […]
Assets in ETFs to Surpass Hedge Funds This Quarter
New York (HedgeCo.Net) – This past week, research firm ETFGI released a report on the state of the ETF industry and projected that assets held in ETFs will exceed the assets held in the much older hedge fund industry. While […]
Puerto Rico Scrambling For Answers to Debt Problems
New York (HedgeCo.Net) – There are a number of hedge funds that have purchased sovereign debt from Puerto Rico and now the hedge funds and the island nation are scrambling to put together a solution for funding the government as […]
Advanced Fund Administration (AFA) recognized for “Best Offshore Fund Administration (2015) – Cayman Islands” by AI Offshore
User Contributed News – We are extremely honoured to have been recognized for Best Offshore Fund Administration – Cayman Islands. AFA is a SOC I compliant fund administration firm offering a boutique service approach, providing comprehensive and cost effective solutions […]
Manager Profile and Insights: Robert Moore, CMJ Value Holdings
New York, HedgeCo.Net – CMJ Value Holdings was founded in Chicago in 2001 and has over $40 million in assets under management at this time. The company uses an equity long/short approach with slight bias toward the long side. Robert […]
Mixed Week for Models as Market Declines
New York, HedgeCo.Net – Last week was a choppy week for the market as we had a couple of big economic events on the calendar. The advanced report of first quarter GDP numbers came out on Wednesday morning and they […]