Tag Archives: chief-executive
Mavs Owner Mark Cuban Accused of Insider Trading
New York (HedgeCo.Net) – Dallas Mavericks owner and billionaire investor Mark Cuban has been accused of insider trading by the SEC after allegedly using private information that helped him avoid over $750,000 in losses tied to stocks. Search engine company […]
London Hedge Fund Alley Rents Drop for First Time Since 2005
Bloomberg – Office rents in Mayfair and St. James’s, the London districts with Europe’s biggest concentration of hedge funds, are falling for the first time since 2005 as the alternative investment industry has its worst year in two decades. The […]
Investors Rush for Redemptions in Fortress Hedge Funds
New York (HedgeCo.Net) – Clients of Fortress Investment Group LLC have requested to withdraw more than $4.5 billion of their assets over the next few months, according a statement released by the hedge fund yesterday. The company reported its first […]
SEC Officials Not Held Accountable for Mishandling Hedge Fund Insider Trading Case
New York (HedgeCo.Net) – SEC officials did not botch an investigation into alleged insider trading by hedge fund Pequot Capital Management, at least according to the SEC. Brenda P. Murray, an administrative law judge for the Securities and Exchange Commission, […]
Life after death for hedge funds?
AllAboutAlpha.com – Several pundits have recently pronounced the so-called “hedge fund model” to be dead (or at least “upended“). But is the patient clinically dead, or is it just having an out-of-body experience? After the recent trauma experienced by the […]
Clare takes out unprecedented loan to invest in stock market
Cambridge Varsity Online – Clare College has borrowed £15 million to invest in the stock market. The unprecedented inflation-linked loan is due to be repaid in 2048 and the College expects to make a profit of around £36 million. Clare […]
What Can Hedge Funds Expect from President Obama?
New York Times Blogs – After pouring money into Barack Obama’s campaign, what can hedge funds and their executives expect from the new president? If history is any exmaple, says FINAlternatives, they shouldn’t expect a cuddly relationship. Mr. Obama didn’t […]
Former UBS Exec Sentenced in Manhattan
New York (HedgeCo.Net) – A former UBS AG executive has been sentenced to 6-1/2 years in prison after pleading guilty to selling private information about the bank’s stock recommendations. Mitchel Guttenberg, a former manager in UBS’ equity research department, was […]
Dillard’s Board Members Reject Hedge Fund Advances
New York (HedgeCo.Net) – Three Dillard’s Inc board members rejected a plea from hedge funds to have the company’s CEO, William Dillard II, booted from the chair. Barington Capital Group LP and Clinton Group Inc. had been calling for the […]
