Category Archives: Syndicated
Hedge fund NewSmith pays members 29 million pounds
Reuters UK – London-based hedge fund firm NewSmith paid its senior staff 29.4 million pounds last year despite some of its investments running into trouble during a volatile year for markets. NewSmith, one of the hedge fund firms to appear […]
A test case for Wall Street justice
CNN Money – Ralph Cioffi and Matthew Tannin, both former hedge fund managers at Bear Stearns, are accused of painting a rosy picture of their portfolios, even though “the defendants believed that the funds were in grave condition and at […]
Chicago hedge fund owner pleads guilty to 1 count of wire fraud in Tom Petters fraud case
AP – A Chicago hedge fund owner accused of helping prop up the alleged Tom Petters Ponzi scheme has pleaded guilty to one count of wire fraud. Appearing in federal court in St. Paul on Wednesday, Gregory Bell admitted helping […]
Hedge funds make a come back
Straits Times – Wealthy clients believe the worst of the crisis is probably over and have started to come back to higher-risk assets such as hedge funds, a top banker at JP Morgan Private Bank said on Wednesday. Felipe Godard, […]
Delphi emerges from Chapter 11 after 4 years
Associated Press – Delphi nearly emerged from Chapter 11 last year, but was forced to redraw its reorganization plan after a group of investors, led by the Appaloosa Management LP hedge fund, pulled out of an investment deal in April […]
Asian Hedge-Fund Assets to Double on New Money
Bloomberg – Asian hedge funds will attract a “wave” of new money that could more than double the industry’s assets from its peak of $250 billion as the region leads the world’s emergence from the deepest recession since World War […]
Former Och-Ziff, Ivory Senior Asia Managers Start Hedge Fund
Bloomberg – Raaj Shah, an ex-partner of Och-Ziff Capital Management Group LLC, co-founded a hedge fund last month trading under-researched and mispriced Asian securities affected by events such as mergers, tax changes and forced selling. The almost $50 million Matchpoint […]
JP Morgan Private Bank sees hedge funds comeback
Reuters – Wealthy clients believe the worst of the crisis is probably over and have started to come back to higher-risk assets such as hedge funds, a top banker at JP Morgan Private Bank said on Wednesday. Felipe Godard, Head […]
Rogers Investment Adds Staff for Private Equity Fund
Bloomberg – Rogers Investment Advisors Y.K., a Tokyo-based hedge-fund advisory firm, said it hired Rory Kennedy, Yuka Watanabe and Masayo Fukushima as it prepares to start its second fund investing in Asia. New York-based Wolver Hill, advised by Rogers Investment, […]
Congress Mulls Bills on Investor Protection, Hedge Funds, National Insurance Office
Investment Advisor – Taking further steps toward financial services regulatory reform, the House Financial Services Committee held a hearing October 6 to discuss three legislative discussion drafts put forth by Rep. Paul Kanjorski (D-Pennsylvania) on investor protection, registration of advisors […]
Recovery landscape brightens for F&C partner
Reuters – Francois Barthelemy has had a tough year. The F&C Partners manager saw assets under management in his hedge funds slump by 80 percent as the financial crisis gripped, and revived performance is yet to bring new inflows. Speaking […]
Congress told venture capital firms need oversight
Reuters – U.S. hedge funds and private equity firms told Congress on Tuesday that all advisers to private pools of capital should be subjected to the same level of federal scrutiny, including those managing venture capital funds. A draft U.S. […]