Tag Archives: hedge funds
Conn. Senate votes to regulate hedge funds
Charleston Daily Mail – The Connecticut Senate has voted to require hedge funds and private equity funds located in the state and doing business here to disclose certain conflicts of interest to customers. Supporters of the bill, which passed on […]
Mutual funds copy hedge fund strategies in turf war
Reuters UK – Mauled by the carnage on Wall Street, mutual funds are copying hedge fund strategies in an effort to regain some of the shine they have lost this decade. Many investors have been burned investing in a single […]
Russia hedge fund survivors ride rising stock markets
Opalesque – Most hedge funds focusing on the region benefited from the increasing oil price and the strengthening rouble in April. Those who did hence survived 2008, which proved to have been almost lethal as some had to restructure and […]
MENA Equity Fund Launch
West Palm Beach (HedgeCo.net) – Hedge fund manager, Majid Al Futtaim Asset Management, is launching its first Middle East and North Africa (MENA) equity fund, the Luxembourg domiciled ‘Elite MENA Equity Fund’. Investors can invest alongside the family office of […]
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 […]
Hedge Fund Insurance Costs Rise as Lehman, Madoff Spur Scrutiny
Bloomberg – The cost of insuring hedge funds against negligence has risen as much as 20 percent in the past six months after Lehman Brothers Holdings Inc.’s bankruptcy and Bernard Madoff’s Ponzi scheme increased the threat of lawsuits. A fund […]
Hedge Fund Industry Expert Hired to Run Distressed Mortgage Securities Tool
West Palm Beach (HedgeCo.net) – LoanInsights, a San Francisco-based financial services and technology company, has hired James Sias as Director of Business Development. Sias will be responsible for working with banks, hedge funds and US government entities to help them […]
Petite hedge fund WLTM larger partner?
Reuters Blogs – Finding the right partner can be difficult, which is why matchmaking can be helpful. That’s precisely what recruitment firm Alpha Search Advisory Partners is attempting to do with its Hedge Fund Consolidation practice, launched today. The unit, which aims […]
Police plan hedge fund crime detector
Stuff – Britain’s Serious Fraud Office is building a warning system to help it spot hedge fund fraud, the head of the agency said. "We’re looking in particular at a system of red flags to give warnings in respect of […]
Fairfield Hedge Funds Sued by Madoff Trustee
Newsinferno.com – Bernard Madoff trustee, Irving Picard, has sued three Fairfield Greenwich Group hedge funds—Fairfield Sentry Ltd., Greenwich Sentry LP, and Greenwich Sentry Partners LP—in a clawback suit that seeks the return of $3.54 billion to repay victims of Madoff’s […]
