Category Archives: Uncategorized
Citadel fund files $470 mln claim against Lehman
Reuters – Hedge fund Citadel Investment Group claims it is owed $470.5 million on derivatives contracts it held with Lehman Brothers, according to a claim filed in a New York bankruptcy court last week. Citadel, which manages around $12 billion […]
Harvard seeks to manage more money internally: report
Reuters – Harvard University’s multibillion dollar endowment is adopting a strategy of selling off some holdings in hedge funds, private-equity firms and other money managers to bring more money under the control of internal investing staff over the next few […]
Arrest Over Software Illuminates Wall St. Secret
New York Times – Criminal and civil charges against a former Goldman Sachs employee offer a glimpse into the turbulent world of ultrafast computerized stock trading, Alex Berenson wrote in The New York Times. Flying home to New Jersey from […]
Investors Begin Opening Their Wallets to Hedge Funds Again
Wall Street Journal Blogs – Are hedge-fund managers making a comeback with investors? The great recession hammered the hedge-fund industry in 2008. Returns tumbled, redemptions soared and investors began questioning the very underpinnings of the industry. Active managers promise to […]
Sovereign funds join forces for strategic investment
Reuters – An increasing number of sovereign wealth funds are working in concert to make joint strategic investments in order to reduce risks and maximize returns, which could provide a stabilizing force in financial markets. State-owned funds from China, Singapore, […]
Investors eye top startups as IPO market awakens
Reuters – Investors, encouraged by a growing number of acquisitions and public floats in the past few months, are keeping a close eye on a coterie of promising startups in Silicon Valley. An informal poll of venture capitalists and others […]
Bronte Capital exposes rogue Hedge Fund Marketers who Link the Biden family to Hedge Fund Fraud
West Palm Beach (HedgeCo.net) – On the 18 of March, the Australian Hedge Fund & Research team at Bronte Capital began dropping hints regarding an un-named $60 million dollar Ponzi Scheme. In a blog entry named "Curiouser and Curiouser" Bronte […]
Aviva moves to stop lending shares to hedge funds
Insurance giant Aviva could end the practice of lending shares to hedge funds in a move against short-selling. Aviva shares were battered on the stock market earlier this month – losing 40pc of their value in two days – amid […]
Hedge fund code to catch the willing and unwilling
Reuters- Many of Europe’s hedge funds will sign up to a voluntary code of standards to appease institutional investors and avoid punitive regulation, but even those that don’t will be unable to ignore it. The standards on governance and disclosure, […]
A Bear executive’s Wall Street comeback
BusinessWeek- Former Bear Stearns executive Richard Marin certainly knows a thing or two about hedge fund failures. Marin was the chairman of Bear Stearns Asset Management when the division’s two big hedge funds imploded last summer, an event that led […]
Hedge Funds Buy Stakes in Merrill
Wall Street Journal- In addition to bulls and bears, many hedge funds are becoming more familiar with donkeys and elephants. Hedge Funds across the country, including a number with offices in lower Fairfield County, are contributing more money than ever […]
World’s largest hedge fund firm now in India
Business Standard- Renaissance Technologies, the world’s largest hedge fund firm handling assets worth $35.4 billion (Rs 1,41,600 crore), has received approval from the Securities and Exchange Board of India (Sebi) to operate in the Indian stock markets as a foreign […]