Tag Archives: palm-beach
Hedge Funds Increase 1.37% In March
West Palm Beach (HedgeCo.net) – March was a challenging month for hedge funds, which entered the month with tight net exposures, according to research by hedge fund consultant Hennessee LLC. Technology and healthcare/biotech were bright spots for hedge funds, as […]
Bank of NY Unit Expands Hedge Fund Consulting Services
West Palm Beach (HedgeCo.net) – Pershing LLC has expanded their business consulting services by including a hedge fund start-up simulator tool and a new guidebook to assist hedge fund managers with the launch of new funds. Pershing is a subsidiary […]
Hedge Funds Available In Sweden For The First Time
West Palm Beach (HedgeCo.net) – The Swedish state pension platform, PPM, is including Salus Alpha funds in their premium pension portfolio with immediate effect. The Salus Alpha funds that were chosen are UCITS III compliant, and meet the strict requirements […]
SEC Halts Canada/China Hedge Fund Fraud
West Palm Beach (HedgeCo.net) – The Securities and Exchange Commission filed a restraining order yesterday to halt an on-going multi-million dollar Ponzi scheme. The SEC says that Defendant, Toronto hedge-fund manager Weizhen Tang, orchestrated the fraud through an overseas hedge […]
Hedge Fund Manager Silk Invest Launches Two Equity Funds
West Palm Beach (HedgeCo.net) – FSA regulated asset manager, Silk Invest Ltd, successfully launched the African Lions Fund and the Arab Falcons Fund, which helped the hedge fund manager achieve its goals in becoming a specialist in Arab and African […]
Stark Opens NY Hedge Fund Hotel
West Palm Beach (HedgeCo.net) – "The bright side of an economic downturn is that business people are branching out on their own," said Adam Stark, president of Stark Business Solutions. "We have made it seamless for enterprising individuals to establish […]
AIMA Supports New US Treasury Investment Program
West Palm Beach (HedgeCo.net) – Todd Groome, Chairman of the Alternative Investment Management Association (AIMA) said in a statement regarding the Public-Private Investment Program announced by Tim Geithner, "It shows that there is recognition among policy makers at the highest […]
New Legislation Proposed, Raising Hedge Fund Issues
West Palm Beach (HedgeCo.net) – Carried interest legislation is being considered at the federal, state and local level, raising significant local and international tax issues. Carried interests, which form an essential element of business in almost every section of the […]
Hedge Fund Manager Investcorp buys into L’azurde
West Palm Beach (HedgeCo.net) – Hedge fund and alternative investor, Investcorp, along with its consortium partners Eastgate Capital Group and The National Investor, announced the acquisition of a 70% stake in Saudi gold and jewelry makers, L’azurde. L’azurde had 2008 […]
AIMA Statment On The Turner Review
West Palm Beach (HedgeCo.net) – “We welcome the publication of the Turner Review, which is an impressive and comprehensive piece of work." Andrew Baker, Chief Executive of The Alternative Investment Management Association (AIMA), said, "It is about the banking system’s […]
European Commission Looking For Commentary From Hedge Funds
West Palm Beach (HedgeCo.net) – In an effort to makes major changes to the EU financial regulation services, the European Commission (EC) has launched ‘Driving European Recovery’, a consultation on major structural changes to European financial services and markets regulation. […]
