Tag Archives: due-diligence-service
Judge Says No More Lawsuits Against Petters
New York (HedgeCo.Net) – Former hedge fund manager turned ponzi-schemer Tom Petters is being sued by so many parties that the Minneapolis federal judge actually had to call a “timeout” yesterday. Judge Ann Montgomery called the cease-fire after court-appointed receiver […]
Citadel To Launch New Funds, New Strategies
New York (HedgeCo.Net) – After a disappointing year, Citadel will launch several new hedge funds in hopes of countering the losses of their main hedge fund. The multi-strat $10 billion Kensington Global Strategies Fund has fallen over 30 percent this […]
Celebrity Divorce Lawyer Sues Hedge Fund
New York (HedgeCo.Net) – In an ironic turning of the tables, divorce lawyer Raoul Felder has lost $200,000 at the hands of a hedge fund, or so he says. According to the New York Times, the “Duke of Divorce,” is […]
Finvest Launches Offering and FOHF Allocation
West Palm Beach (HedgeCo.net) – Finvest Asset Management is set to launch a new capital protected offering for investors who are seeking to generate annual returns of between 12-20 percent in a low risk structure. The total offering is for […]
ICI Offers Alternative to Pickens Plan
West Palm Beach (HedgeCo.net) – A national program known as the Intelligent Community Initiative (ICI) is offering an alternative restructuring operation using interconnected client-server databases and online training, resulting, the company says, in self-sustaining financial communities which are not as […]
California Hedge Fund Manager Charged with “Porfolio Pumping”
New York (HedgeCo.Net) – The Securities and Exchange Commission charged San Francisco-based MedCap Management & Research LLC and its principal Charles Frederick Toney, Jr. with defrauding investors via “portfolio pumping.” “Fund investors relied on MMR and Toney to abide by […]
Citadel Hedge Fund Down for the Year
New York (HedgeCo.Net) – The largest hedge fund run by Citadel Investment Group has fallen 30 percent this year stemming from losses tied to convertible bonds. The $10 billion Kensington Global Strategies Fund has been hit hard by the credit […]
Survey Shows Nearly 75% of Single Family Offices Invest in Hedge Funds, With Plans to Increase
West Palm Beach (HedgeCo.net) – The alternative investment sector will continue to benefit from increasing asset allocations from Single Family Offices (SFOs), according to "On the Rise," the latest research report sponsored by CPA firm Rothstein Kass. The white paper, […]
Harbinger Hedge May Be Looking to Rev Up Leap Management
New York (HedgeCo.Net) – Activist hedge fund Harbinger Capital might be looking to make some strategic changes to another management team. They are expected to hold talks with Leap Wireless International, in which they hold a substantial 14.8 percent stake […]
Edge Launches New Alternative Investment Site
West Palm Beach (HedgeCo.net) – Hedge fund advisor Edge Capital Partners, LLC has launched a new website (www.edgecappartners.com) highlighting the firm’s offerings in the areas of asset allocation strategies, benchmarked investment options, corporate mergers and acquisitions and finance strategies, wealth […]
Overstock Settles After Gradient Apologises
West Palm Beach (HedgeCo.net) – Overstock.com Inc. announced it has settled all claims against Gradient Analytics and its principals and officers named as defendants in Overstock’s defamation case filed in Marin County, California. Overstock.com chairman and CEO, Patrick Byrne said, […]
Aviva Announces Increased Hedges
West Palm Beach (HedgeCo.net) – UK asset management group and hedge fund investor Aviva plc ("Aviva") is holding an investor and analyst briefing to announce the strengthening of its protection against further falls in global equity markets through increased hedges. […]
