Tag Archives: jonathan
Ex-Aether Systems CEO David Oros launches hedge fund
Baltimore Business Journal – Former Aether Systems CEO David Oros has launched a $3 million hedge fund called Global Domain Vector Fund LLC, according to a Securities and Exchange Commission filing. Oros is managing director and chief administrative officer of […]
Hedge Fund Managers Split Over Strategy
New York Times – Russell Herman, the chief executive of the hedge fund firm Dawson-Herman Capital Management, is the latest manager to shutter his fund after heavy losses last year and differences with the firm’s founder, Jonathan Dawson. Mr. Herman […]
Dreier Describes Downfall in Letter Seeking ‘Rational’ Term for Fraud, Theft
Law.com – Marc S. Dreier on Wednesday sent a confessional letter to the federal judge who will sentence him on Monday (pdf), describing in remarkable detail how he funded the once-admired expansion of Dreier LLP by committing frauds totaling more […]
‘Superwoman’ fund spirals down in its worst-ever month
Evening Standard – Control of the fund was wrested from Horlick supporters by its largest shareholder Vincent Tchenguiz after a tight shareholder vote last week. Tchenguiz installed a new board with the brief to wind up the fund to create […]
QUOTEBOX: Hedge funds ponder rough year at Monaco meeting
Reuters – Hedge fund managers, administrators and investors have gathered in Monaco for the annual GAIM industry conference following a tough year marked by poor performance and client outflows. Below are selected quotes from the first day of the conference: […]
Elle Macpherson cuts £2 million from price of her Notting Hill home
This is London – She bought the property close to the top of the market following the break-up of her relationship with hedge-fund multi-millionaire and philanthropist Arpad "Arki" Busson, the father of her two children Arpad Flynn, 11, and Aurelius […]
Silo Forges $100M Venture With Private Equity Players
GlobeSt.com – Locally based direct private lender Silo Financial Corp. has formed an alliance with a New York City-based private equity fund to concentrate on non-performing loans, says Silo founder Jonathan Daniel. The fund has earmarked $100 million "for opportunistic […]
Hedge fund firm Cheyne Capital to buy Altedge
Reuters – Hedge fund firm Cheyne Capital Management is to buy fund of hedge funds manager Altedge Capital, the firms said on Tuesday, as the once-booming industry consolidates in the face of client outflows. Under the deal, Altedge Chief Executive […]
US fund manager challenges extradition from HK
The Associated Press – A Silicon Valley hedge fund manager wanted in the U.S. on charges he duped investors out of at least $5 million challenged his extradition from Hong Kong on Wednesday. Fund manager Albert Hu, an American citizen, […]
Dreier Claims His Son Was Promised Property, Prosecutors Say
Bloomberg – Marc Dreier, the New York lawyer accused of cheating hedge funds, said he told his 19-year-old son he could have properties worth $12.5 million after the teenager agreed to spend the summer with him, prosecutors said. Assistant U.S. Attorney […]
Service Corp. Lures Hedge Fund Bets on Boomer Deaths
Bloomberg- Service Corp. International, the biggest U.S. funeral-home and cemetery owner, is becoming a magnet for hedge funds which see the rising death rate among Baby Boomers as the surest way to resurrect the company’s shares. Steven Cohen’s SAC Capital […]
