Tag Archives: greenwich
Diploma suit by Conn. hedge fund scammer dismissed
Hartford Courant – A federal judge has dismissed a lawsuit by a man convicted of running a hedge fund scam in Connecticut who claimed New York University owed him a diploma. Hakan Yalincak (yal-in-SACK’), an NYU undergraduate, was sentenced in […]
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 […]
AQR Capital in Greenwich offers new mutual funds
Stamford Advocate – With a new regulatory regime hanging over the industry’s head and a field of shellshocked investors looking for safety, it may seem that hedge fund managers are poised to make a rush into the mutual fund arena. […]
Israel’s girlfriend sentenced to 3 years probation
Stamford Advocate – Debra Ryan, the girlfriend of Samuel Israel, convicted for his role in a $400 million fraud involving the collapse of Stamford-based hedge-fund firm Bayou Group LLC, was sentenced to three years probation for aiding his escape. Ryan, […]
Barclays sees $50 billion hedge fund inflows this year
Reuters – Improving markets and a need to recoup 2008 losses will prompt investors to pour $50 billion (30 billion pounds) into hedge funds this year and slow redemptions, Barclays Capital said in a report on Tuesday. More than 300 […]
Hedge funds take aim at Florida real estate
Tampa Bay Online – Some consider them good capitalists. Others see them as opportunists. Still others call them vultures. Whatever the name, hedge fund investors likely will be major players in Florida real estate in the next few years, buying […]
Opalesque Exclusive: Review of hedge fund launches, closures, indices, trends, regulatory and legal events – week 21
Opalesque – Last week, we heard of fund launches from Galena (energy); Verulam (commodity); Twin Tree; Paulson & Co (distressed property); Abax (Asia macro); Odey (Ucits III); Pictet (agriculture); and Liontrust (European). The Canadian Hedge Watch Hedge Fund Composite Index […]
Greenwich Investor Starts Advisory Firm in Stamford
American Chronicle – An investment professional from Greenwich with more than 20 years of experience is going out on his own by starting a Stamford-based advisory firm for small- to medium-size companies from here to Texas. Peter Schweinfurth, a former […]
Sears hedge fund guru a stranger to ‘richest’ list he once headed
Chicago Sun-Times – Sears Holdings Corp. Chairman and hedge-fund guru Edward S. Lampert failed for the fourth year to make a list he once topped — the richest hedge-fund managers in the nation. Lampert, who takes no salary from the […]
Connecticut’s “Rodeo Drive” Abandoned as Hedge Funds Collapse
Bloomberg – Finding a parking spot for your Mercedes or BMW on Greenwich Avenue, the main shopping strip of the U.S. hedge-fund capital, used to be a challenge. Not anymore. With the recession hammering retail sales, empty curbside spaces abound […]
Survey: Investors gloomy over hedge funds
Norwalk Advocate – It could be six months to a year before major investors start pumping money back into the market, according to a survey by Quinnipiac University and Greenwich Roundtable, which represents hedge fund investors who control or manage […]
