Tag Archives: mortgage-lenders
GSA eyes $1 bln limit for Alpha Capture hedge fund
Reuters- Hedge fund firm GSA Capital plans to raise a further $200-$300 million for its new Alpha Capture fund, which aims to use top stock ideas from investment banks for its trades, the company told Reuters. Alpha Capture, which was […]
Firms hurry to comply with SEC subpoenas
Boston Globe- Dozens of hedge funds and broker-dealers are scrambling to send reams of e-mails and trading records to regulators probing suspected stock price manipulation, several sources at hedge funds said. The Securities and Exchange Commission recently sent subpoenas to […]
Swiss Bank Picks Up On Electronic Trading Used By Hedge Funds
West Palm Beach (HedgeCo.net)- A Swiss Bank has picked up on a hedge fund platform, Orc Trading, to replace key technology for its electronic trading operations. The order was booked in Q1 2008. "We have thoroughly evaluated several trading systems […]
Wall Street Cuts Off Paramount: No Takers For $450 Million Movie
The Business Sheet- After spending nine months trying to close a $450-million film financing deal to offset the cost of 30 upcoming movies, Paramount has been forced to give up the chase. The studio was working with Deutsche Bank to […]
SEC mounts attack on the rumor mill
Boston Globe- The Securities and Exchange Commission yesterday said that it and other regulators would begin examining rumor-spreading intended to manipulate securities prices. The timing of the announcement, made before the markets opened in Asia, was meant to warn broker-dealers, […]
Bernanke Outlines Plans to Stabilize Economy, Expand Fed’s Authority
New York (HedgeCo.Net) – In an effort to stabilize U.S financial markets and prevent further turmoil in the economy, Federal Reserve Chairman Ben Bernanke suggested expanding its control and authority over our country’s financial firms. Bernanke spoke at a Federal […]
Investment banking’s pain is hedge funds’ gain
Reuters- The hedge fund industry is set to attract bankers and traders from an exodus of high-flyers leaving troubled investment banks in search of bigger bonuses and better job security. Bankers joining hedge funds is not a new phenomenon, but […]
New York FoHF’s Join Forces to Launch Motion Picture Fund
West Palm Beach (HedgeCo.net)- New York based fund of hedge funds (FoHF) Ginepri Capital, and SAGA Capital, a New York alternative investments advisory firm, announced a newly formed venture, the SAGA/Ginepri Alpha Fund. "Film investors will increasingly employ new techniques […]
