Tag Archives: due-diligence-service
UPDATE – JSD Research Reveals Hedge Fund Employees Knew About Market Shift Ahead of Time
West Palm Beach (HedgeCo.net) – A survey conducted by Job Search Digest, publishers of Hedge Fund Jobs Digest, revealed a shift in the hedge fund industry. Given the current state of the market, the results tell an interesting story and […]
Pacificor Hedge Fund Faces Lawsuit
New York (HedgeCo.Net) – The hedge fund formerly run by the late Michael Klein has been sued by two individuals who owned a mortgage lending business in which the fund had a stake. John and Kitty Gaiser are suing California-based […]
Carlyle Group To Launch New Fund with $14 Billion
New York (HedgeCo.Net) – At a time when many hedge funds are experiencing their worst year to date, private equity firm The Carlyle Group is launching a new fund with around $14 billion in capital. According to a report by […]
Hedge Fund Group Gottex Opens Office in Dubai, Hires Ex-Lehman Manager
West Palm Beach (HedgeCo.net) – Independent alternative asset and hedge fund management group, Gottex Fund Management Holdings Limited, announced the opening of an office in Dubai to capitalise on the growth opportunities in the region. In addition, Gottex appointed Wassim […]
Short Selling Outperforms FOHFs as Investors Withdraw Over $40 Billion from Hedge Funds
West Palm Beach (HedgeCo.net) – According to data released by Hedge Fund Research (HFR), the global financial and economic crises accelerated in October, contributing to continued losses in the hedge fund industry, with the HFRI Fund Weighted Composite Index falling […]
Automakers to Present Amended Bailout Plan to Congress
New York (HedgeCo.Net) – The debate on whether or not to grant the big three Detroit automakers billions in bailout funds continues as Democratic leaders set a timetable for the companies to present a “credible restructuring plan.” In a letter […]
Barclays Sues Chicago Hedge Fund Over Ties to Petters
New York (HedgeCo.Net) – Barclays Bank Plc has sued Chicago-based Ritchie Capital Management and the hedge fund’s principal Thane Ritchie, accusing them of concealing a $150 million investment in the controversial and now collapsed Petters Group Worldwide LLC. According to […]
New Zealand’s Absolute Return Managers Index Surge in October
West Palm Beach (HedgeCo.net) – The Ernst and Young New Zealand Absolute Return index surged to its second highest level since inception in October, gaining 2.83% for the month, putting year to date performance at +15.8%, and year on year […]
Citigroup to Liquidate Hedge Fund
New York (HedgeCo.Net) – Citigroup Inc. will be liquidating its Corporate Special Opportunities fund after losing over half its value last month, according to a report by the Financial Times. The hedge fund had frozen redemptions for almost a year […]
Dubai Real Estate Ruled by ‘Natural Selection’
West Palm Beach (HedgeCo.net) – In a recent real estate seminar, sponsored by World Class Group in Dubai, the keynote speaker said that the future of the real estate market will be based on Darwin’s law of natural selection. Michael […]
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 […]
