Category Archives: Syndicated
SAC Trader Lia Forcina Said to Leave Hedge Fund for BlueCrest
Bloomberg – Lia Forcina, who managed more than $700 million at SAC Capital Advisors LP, has left the hedge-fund firm for BlueCrest Capital Management LLP, according to three people with knowledge of the matter. Forcina, 39, agreed to join BlueCrest […]
Former Shanghai Ghetto District Moves To Turn Itself Into China’s Hedge Fund Hub
Forbes – Shanghai’s Hongkou district was home before the country’s Communist revolution to thousands of often stateless immigrants fleeing Hitler that lived in what was called the Jewish ghetto. Landmark pre-war buildings in the area such as Broadway Mansions and […]
Hedge funds circle troubled Co-op bank
The Independent – Retail and hedge fund holders of Co-operative Bank’s £1.3 billion of bonds have forced it to change its recapitalisation plan, potentially wresting control from the parent Co-op Group. This is a major climbdown by the group’s new […]
Hedge Funds Surge to New Asset Record: $2.51 Trillion
Barron’s – Say what you will about hedge funds’ 30% performance gap versus the S&P 500. Point out there are too many managers with too much money chasing too few opportunities. Investors keep forking over the money. Hedge-fund assets surged to a fifth straight […]
Shanghai Hedge Fund Park launched
Xinhua – Shanghai Hedge Fund Park was launched on Friday to gather the industry’s talents and enterprises as part of the Chinese commercial hub’s ambitions to rise as a global financial center. The park — the first of its kind […]
SEC’s White: Hedge Fund Transparency Benefits Investors
FOX – Securities and Exchange Commission Chair Mary Jo White on Friday said new financial regulations that have expanded transparency in the once-opaque world of hedge funds will benefit investors. The Dodd-Frank banking reform bill, passed in the wake of […]
Hedge Funds Seek to Trade in Comfort as Bankruptcy Insiders
Bloomberg – Hedge funds that invest in bankrupt companies are demanding protection from insider-trading lawsuits before agreeing to take part in restructuring talks — a reaction by the industry’s top performers to an obscure court decision involving the 2008 collapse of Washington […]
Duchess Kate Confirmed To Attend Hedge Funds Gala
StarPulse – The Duchess of Cambridge has confirmed her attendance at the One Hundred Women in Hedge Funds Gala dinner, to be held on the twenty-fourth of October. Money raised from the ticket sales wil be used to benefit “Action on […]
Florida M&A Trend Report for Q1-Q3 of 2013
NewYork (HedgeCo,Net) – Mergermarket has released its Florida M&A Trend Report for Q1-Q3 of 2013. A few key findings include: Florida’s M&A during Q1-Q3 2013 (US$ 29.4bn) more than doubled its deal value from the first three quarters of 2012 […]
Nobel Foundation Seeks Charity as Hedge Funds Aren’t Enough
The Nobel Foundation, which said last year it was using hedge funds to help boost capital, is now considering charitable donations after previous strategies failed to bring in enough money. The Stockholm-based institution, which earlier this month rounded off its […]
Taxes Raise Bar for a Hedge-Fund Bet
Bloomberg – Thanks to the Jumpstart Our Business Startups (JOBS) Act, thousands of hedge funds will soon start advertising to the millions of Americans who can theoretically afford to invest in them, but don’t. Investors should be careful. A new report (not online, sorry) […]
For hedge funds, debt crisis largely business as usual
Reuters – Hanging tough seems to have been the right strategy for a good number of money managers now that it appears a stop-gap deal to avoid a federal debt default and reopen the U.S. government is on the verge […]