Tag Archives: due-diligence-service
Northern Trust Named Best Overall Hedge Fund Administrator
New York (HedgeCo.net) – Northern Trust has been named the Best Overall Hedge Fund Administrator by HFMWeek in the magazine’s inaugural U.S. Service Provider Awards. The awards recognize companies that have outperformed their peers during 2008-2009 and demonstrated financial progress, […]
Sweden mulls EU summit ahead of G20 meeting
The Swedish Wire – Sweden, which holds the rotating EU presidency, is consulting European capitals and “most of them are positive” about the idea, said Roberta Alenius, spokeswoman for Swedish Prime Minister Fredrik Reinfeldt. “The prime minister wants a summit […]
Pelorus Advisors Offer Risk Service Exclusively To Hedge Funds
West Palm Beach (HedgeCo.net) – As investors look to independent and unbiased hedge fund risk due diligence, Pelorus Advisors has decided to launch an operational risk management service for hedge fund investors. Unlike other due diligence firms, Pelorus only offers […]
CSX Corp. Sue the Childrens Investment Fund
West Palm Beach (HedgeCo.net) – Transport company, CSX Corporation announced that it has joined in a civil action brought by the plaintiff, shareholder Deborah Donoghue, in federal court in New York to recover so-called "short-swing" profits under Section 16(b) of the Securities Exchange […]
Hedge Fund Sued Over Expsoure to Madoff Funds
New York (HedgeCo.Net) – Gabriel Capital and founder Ezra Merkin have been sued for their exposure to Ponzi-schemer Bernard Madoff by a disdained investor. Scott Berrie, who has $500,000 tied up in one of Gabriel’s funds, claims that Gabriel lied […]
HedgeCo Hosts Blogging Platform, Provides Outlet for Hedge Fund Industry Experts
West Palm Beach, Dec 15, 2008 – Adding to its array of new and interactive features, HedgeCo.Net has unveiled the Hedge Fund blog platform, which provides both accredited investors and the general public the rare opportunity to view the world […]
SEC Staff May Have Neglected Red Flags in Hedge Fund Fraud
New York (HedgeCo.Net) – SEC Chairman Christopher Cox has launched a probe into his own agency after it surfaced that complaints made to employees regarding the possible misconduct of Bernard Madoff were never investigated. Saying that specific allegations had been […]
Conference in Brussels on Carbon Capture & Storage
West Palm Beach (HedgeCo.net) – Platts 3rd Annual European Carbon Capture and Storage (CCS) conference is assembling the CCS community to discuss and review CCS projects in their various stages and look to uncover opportunities in what will become a changed […]
FactSet Anounces 2008 Global Revenues
West Palm Beach (HedgeCo.net) – FactSet Research Systems Inc. announced the first quarter results ending November 30, 2008, showed revenue increase to $155.6 million, an increase of 16% compared to the prior year. Operating income for the first quarter advanced […]
Hedge Funds, Other Large Institutions Burned By Madoff
New York (HedgeCo.Net) – Just days after what could prove to be the largest Wall Street sham in history, investors that were burned by Bernard Madoff are coming forward in droves. Spanish bank Santander, along with French bank BNP Paribas […]
Citadel Limits Redemptions in Two Hedge Funds
New York (HedgeCo.Net) – Chicago-based Citadel Investment Group has frozen redemptions from its two largest hedge funds after investors moved to withdraw $1.2 billion, according to a letter sent to clients on Friday. The letter, signed by CEO Kenneth Griffin, […]
