Tag Archives: hedge-fund-manager
In defence of accused hedge fund billionaire Raj Rajaratnam
Guardian.co.uk – My coverage of Raj Rajaratnam, the Wall Street hedge fund manager accused of orchestrating a sophisticated insider trading ring with tipsters at firms such as IBM and Intel, has prompted an email from an acquaintance of the accused […]
Speculation Over Hedge Fund Manager’s Downfall In Full Swing
New York (HedgeCo.net) The Galleon scandal is raging full force, with Raj Rajaratnam’s global hedge funds under a microscope. Supervising the case is U.S. District Court Judge Jed S. Rakoff, who’s ruling on the Merrill Lynch/BofA case, earned him the […]
More arrests possible in hedge fund case
Boston.com – Federal investigators plan to charge at least 10 securities professionals with insider trading, some linked to the criminal case against billionaire hedge fund manager Raj Rajaratnam that shook Wall Street last week, people familiar with the matter said […]
Hedge Fund logi Energy Offers Over $1B for CIT Assets
New York (HedgeCo.net) – Hedge fund manager logi Energy announced today that it has made an offer to CIT Group’s Board of Directors for a small portion of their middle market lenders debt portfolio. The offer increases the options available […]
Hedge fund veteran Duff hunting for takeovers
Reuters – Hedge fund industry veteran Philip Duff is setting his sights on acquiring an asset management firm at a time he says big corporations are ready to leave the management of their pension funds to someone else. Duff made […]
UK Hedge Fund Manager Sought
New York (HedgeCo.net) – The London Metropolitan police are considering launching an investigation into the whereabouts of Nicholas Levene, who is being accused by investors of disappearing with their money. The Guardian reports that at least £70 million ($114 million) […]
Hedge Fund Manager Gets 7 Years For Fraud
New York (HedgeCo.net) – Hedge fund manager Michael C. Regan was sentenced in a federal court in Brooklyn, N.Y. to seven years in prison for fraud. Just last June, Regan settled charges with the SEC on another of his hedge […]
Caxton Venture Lucidus Said to Start $500 Million Hedge Fund
Bloomberg – Lucidus Capital Partners LLP, a new joint-venture of hedge fund manager Bruce Kovner’s Caxton Associates LLC, has raised about $500 million for a high-yield debt hedge fund, three people familiar with the situation said. Darryl Green, chief executive […]
Ex-Bear Stearns Fund Manager Tannin Worried About ‘Blow Up’
Bloomberg – Former Bear Stearns Cos. hedge fund manager Matthew Tannin, accused of misleading investors, said “We could blow up” in a 2006 e-mail, according to documents released by prosecutors. Tannin, 47, is set to go on trial Oct. 13 […]
Hedge fund manager’s call hurts Realty Income Corp.
Reuters – Hedge fund manager William Ackman helped send Realty Income Corp (O.N), a real estate investment trust, down 4.5 percent on Wednesday after he identified it as good stock to bet against, analysts said. Ackman, who manages $4.8 billion […]
Hedge Fund Manager Blocked From Bidding On Newspaper
New York (HedgeCo.net) – Hedge fund manager Thane Ritchie announced that he has been wrongly blocked from meeting with The Chicago Newspaper Guild and developing a coalition offer to buy the Sun-Times Media Group. A Chicago Newspaper Guild representative stated […]
JP Morgan Private Bank sees hedge funds comeback
Reuters – Wealthy clients believe the worst of the crisis is probably over and have started to come back to higher-risk assets such as hedge funds, a top banker at JP Morgan Private Bank said on Wednesday. Felipe Godard, Head […]
