Tag Archives: hedge funds
European Hedge Fund Galas Raise Over $500.000
New York (HedgeCo.net) – More than 250 hedge-fund industry leaders gathered together to raise nearly £250,000 ($400,000) at the 100 Women in Hedge Funds 2009 London Charity Gala, held yesterday evening in the UK Foreign & Commonwealth Office’s magnificent Locarno […]
Despite ’08 pain, the rich still like hedge funds
Reuters – It appears nothing — not losses, redemption gates or lofty fees — can deter the rich from stashing their cash in hedge funds. A year after crumbling markets triggered losses and fund managers drew fire for blocking redemptions, […]
SEC And Manhattan DA Investigate Southridge Capital
Forbes – Southridge Capital Management, a Ridgefield, Conn., hedge fund firm run by Stephen Hicks that primarily employs an investment strategy known as PIPEs, is under investigation by the Securities and Exchange Commission and Manhattan District Attorney Robert Morgenthau. The […]
Active credit funds seen outperforming
Reuters – Active credit fund managers are set to enjoy stellar returns in 2010 as individual company performance supplants the financial crisis as the crucial driver of prices. Passive managers who track indices — as opposed to funds that focus […]
A test case for Wall Street justice
CNN Money – Ralph Cioffi and Matthew Tannin, both former hedge fund managers at Bear Stearns, are accused of painting a rosy picture of their portfolios, even though “the defendants believed that the funds were in grave condition and at […]
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 […]
Asian Hedge-Fund Assets to Double on New Money
Bloomberg – Asian hedge funds will attract a “wave” of new money that could more than double the industry’s assets from its peak of $250 billion as the region leads the world’s emergence from the deepest recession since World War […]
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 […]
Recovery landscape brightens for F&C partner
Reuters – Francois Barthelemy has had a tough year. The F&C Partners manager saw assets under management in his hedge funds slump by 80 percent as the financial crisis gripped, and revived performance is yet to bring new inflows. Speaking […]
Congress told venture capital firms need oversight
Reuters – U.S. hedge funds and private equity firms told Congress on Tuesday that all advisers to private pools of capital should be subjected to the same level of federal scrutiny, including those managing venture capital funds. A draft U.S. […]
U.K. Church Is Unlikely Defender of Hedge Funds
WSJ – The Church of England has emerged as an unlikely defender of the hedge-fund industry against the prospect of new regulations from the European Union. Only last year, the Archbishop of York was calling hedge funds “bank robbers” for […]
People Moves: Ms. Sandra Urie Appointed to 100 Women In Hedge Fund’s Board
New York (HedgeCo.net) – Ms. Sandra A. Urie has been appointed to the board of 100 Women In Hedge Funds, further augmenting the organization’s network. Ms. Urie is the President and Chief Executive Officer of Cambridge Associates LLC, a global […]
