Category Archives: Syndicated

SEC slammed over hedge fund ‘wealth’ test

CNN Money – You almost have to pity the poor SEC. Recently, the commission was all but accused of a cover-up by Senators Grassley and Specter in the matter of Gary Aguirre. (You may recall that Aguirre, a former SEC […]

Signs of the coming hedge-fund apocalypse.

Slate-Because I’m writing a book about booms and busts in American history, I’ve spent a lot of time thinking about how real and rational economic trends cross over into bubble territory. For the Internet, residential real estate (now officially popped), […]

Stockpickr: Top Picks From a Top Hedge Fund

TheStreet.com-I have nothing bad to say about hedge fund Renaissance Technologies, except that the folks there wouldn’t consider hiring me when I applied. I went to grad school and majored in computer science, but didn’t finish my studies. Jim Simons, […]

Public hedge fund firm seeks longevity

Los Angeles Times – When Goldman Sachs Group Inc. went public in May 1999, some on Wall Street figured it was a signal to bail out of brokerage stocks. If Goldman was letting the public into its business after 130 […]

Comments Oppose New Hedge Fund Investor Standards

BankNET 360 –More than 200 comments have been filed with the Securities and Exchange Commission over the proposed rule to raise the accredited-investor standard. Many of the commenters are opposed to raising the standard, which would require hedge fund investors […]

Private funds eyed for WTC site

NEW YORK (CNNMoney.com) — The government agency that owns the World Trade Center site is trying to attract private equity or hedge funds into investing in the $3 billion replacement Freedom Tower, according to a published report. The Wall Street […]

Hedge Funds Begin to Show Up on Regulators

Washington Post – For years, hedge funds barely registered on the Washington agenda, and that was just the way they liked it. These investment pools designed for wealthy individuals flourished in the shadows: They collected more than $1 trillion; seized […]

Former Hedge Fund Executive Enters Plea

New York Times – The former head of Idaho hedge-fund company, Wood River Capital Management, pleaded not guilty yesterday to securities fraud and other charges after investors lost at least $88million when two of its funds collapsed in 2005. John […]

German minister appeals to hedge fund managers

Jurnalo – German Finance Minister Peer Steinbrueck urged hedge fund managers to show greater awareness of the political consequences of their dealings as the world’s richest nations met to discuss the issue at a conference in Germany.   “If a […]

Lower-cost way to protect a portfolio

Seattle Times – Investments that march to their own drummer, rather than in lock-step with the stock market, can protect a portfolio. That’s the goal of classic hedge funds — not the risky ones that grab headlines. But hedge funds […]

New hedge funds raised less money in 2006

Herald Tribune – New hedge funds around the world attracted less investment capital in 2006 for the second year in a row after a rout in emerging markets and the collapse of Amaranth Advisors. The 86 largest new hedge funds […]

The stars dim a bit

Boston Globe – Convexity Capital Management, the record-setting hedge fund launched by former Harvard Management Co. stars famous for beating the markets, couldn’t keep up in 2006. Convexity’s $6 billion hedge fund offers clients a variety of investment strategies. Each […]