Tag Archives: hedge-fund-manager
T. Boone Pickens’ Hedge Fund Concentrates on Energy, Drops Basic Materials
BP Capital Management’s second quarter SEC filing shows that the hedge fund manager is focusing solely on energy companies these days. While the firm’s founder and Chief Investment Officer T. Boone Pickens has been publically supporting clean energy technologies, his […]
Ex-Bear Hedge Manager Allegedly Sought to Use Funds for Condo
Bloomberg – Former Bear Stearns Cos. hedge fund manager Ralph Cioffi, indicted for an alleged fraud that helped bring down the securities firm, attempted to use his $2 million redemption from a fund he supervised as collateral for a condominium, […]
BofA shares jump after exec, hedge fund buy shares
The Associated Press – Shares of Bank of America shot up Thursday as a new executive at the bank, as well as a prominent hedge-fund manager, decided to place big bets on the company by buying up blocks of shares. […]
Salida ‘back from the abyss’
Globe and Mail – When Salida Capital Corp. beat all other bidders in a charity auction last month to score lunch with Warren Buffett, the $1.68-million (U.S.) win sent a signal to Bay Street: Salida is back. Salida, the once […]
Paulson Hedge Fund Buys Banks That Lost Value in Credit Crisis
Bloomberg – John Paulson, the hedge-fund manager whose wagers against the U.S. housing market helped him earn an estimated $2.5 billion last year, bought Bank of America Corp. and Goldman Sachs Group Inc. stock in the second quarter, while adding […]
Texas Fund Manager Settles Insider-Trading Claims
Bloomberg – A Dallas hedge-fund manager and entities he owns agreed to pay $788,016 to settle U.S. government claims they made more than $500,000 by shorting shares of companies while using inside information that issuers would conduct private placements. Edwin […]
Pequot Trading in Google, Cox, Premcor Sparked Warnings to SEC
Bloomberg – Pequot Capital Management Inc., once the world’s biggest hedge-fund manager, was cited in at least 44 private reports from exchange watchdogs in the past four years alerting U.S. regulators to potential insider trading, market manipulation or other misconduct, […]
Lawsuit says hedge-fund manager stole $750,000
Pittsburgh Post-Gazette – The family of a Cambria County manufacturer has filed a lawsuit claiming that a New York hedge-fund manager illegally took $750,000 from its trust fund. The lawsuit, filed by the family of Frank Calandra Jr., was moved […]
Hedge fund survivors are bouncing back
Evening Standard – A prominent hedge fund manager has claimed that gold investment is proving popular in the US over fears about inflation. Moonraker, a London-based independent firm, has managed over $330 million worth of assets at BDO Stoy Hayward […]
Gold investment fever grips US hedge funds
Commodity Online – A prominent hedge fund manager has claimed that gold investment is proving popular in the US over fears about inflation. Moonraker, a London-based independent firm, has managed over $330 million worth of assets at BDO Stoy Hayward […]
People Moves: Global Fund Exchange Hires Hedge Fund Specialist
HedgeCo.net (West Palm Beach) – Alternative investment manager, Global Fund Exchange, has hired A. Michael D’Arpino as Director of Business Development, a new position at the firm. D’Arpino joins Global Fund Exchange from hedge fund manager Clinton Group, Inc. "We […]
