Offshore Hedge Fund Tax Shelter on the “White List”
West Palm Beach (HedgeCo.net) – The Organisation for Economic Cooperation and Development (OECD) added the Cayman Islands to its ‘white list’ of jurisdictions that implement international tax...
View ArticleDeutsche Bank Ranked Second in Hedge Fund Administration Survey
West Palm Beach (HedgeCo.net) – Deutsche Bank’s Alternative Fund Services, part of the bank’s Global Transaction Banking (GTB) division, has ranked second among top administrators in Global Custodian...
View ArticlePalladio Alternative Research goes live
New York (HedgeCo.net) – Swiss-based Palladio Alternative Research Group has started operations in August 2009 via its first Geneva-based subsidiary. Designed to provide outsourcing solutions for hedge...
View Article10-Year Mark for Mooring’s Flagship Hedge Fund
New York (Hedgeco.net) – The second quarter of 2009 marked the 10th year of operation for Washington, DC-based hedge fund, Mooring Capital Fund, which delivered a quarterly compounded return of 12.40%...
View ArticleHedge Fund Man Research Laboratory Expands At Oxford
New York (HedgeCo.net) – Man Research Laboratory (MRL) and the Oxford-Man Institute of Quantitative Finance (OMI) opened new, larger premises in Jericho, Oxford, on 24 September, demonstrating that the...
View ArticleBNY Mellon/Dreyfus Launch Two Fund of Funds
New York (HedgeCo.net) – The Dreyfus Corporation, part of BNY Mellon Asset Management, announced the introduction of the Dreyfus Satellite Alpha Fund and the Dreyfus Diversified Global Fund. “Many...
View ArticleFormer President Bill Clinton Honors Alternative Investor LeapFrog
New York (HedgeCo.net) – In the Closing Plenary of the Clinton Global Initiative 2009, former President Bill Clinton featured LeapFrog Investments, which raised the world’s first microinsurance fund....
View ArticleNew Zealand Hedge Fund Partners Offshore Investors With Local Clean Tech Experts
New York (HedgeCo.net) – A new hedge fund is being launched to bridge the distance barrier between New Zealand and the rest of the world. Milestone Capital has established the Rutherford Innovation...
View ArticleFueling Growth: Outsourcing Solutions for Hedge Funds
New York (HedgeCo.net) – A new whitepaper published by Pershing LLC, a BNY Mellon company, and Aite Group LLC examines critical hedge fund operations, entitled, Fueling Growth: Outsourcing Solutions...
View ArticleCharles Schwab and Hedge Fund Founder Ken Fisher Recipients of Tiburon’s...
New York (HedgeCo.net) – Ken Fisher, Founder and CEO of Fisher Investments will be honored along with Charles Schwab as recipients of Tiburon’s Inaugural CEO Summit Awards, recognizing their...
View ArticleHedge Funds Up In September Despite 3Q Risks
New York (HedgeCo.net) – Despite rich equity market multiples and uncertainty surrounding the upcoming 3rd quarter earnings reports, Hennessee Group said that hedge fund investors continued to pile...
View ArticleHedge Fund Manager’s Email Scrutinised For Knowledge of Downturn
New York (HedgeCo.net) – The jury selection has begun for the trial of two former Bear Stearns hedge fund managers, Matthew Tannin and Ralph Cioffi, over the alleged hedge fund securities and wire...
View ArticleUK Hedge Fund Manager Sought
New York (HedgeCo.net) – The London Metropolitan police are considering launching an investigation into the whereabouts of Nicholas Levene, who is being accused by investors of disappearing with their...
View ArticleRBC Hedge 250 Index returned 2.20% in September 2009
New York (HedgeCo.net) – RBC Capital Markets reported today that the RBC Hedge 250 Index(R) had a net return of 2.20% for the month of September 2009. This brings the year-to-date return of the Index...
View ArticleGlobal Custodian Chosen For Capula Hedge Fund
New York (HedgeCo.net) – London-based government fixed-income specialist firm, Capula Investment Management LLP, has appointed BNY Mellon as provider of global hedge fund custody services for their...
View ArticleSpeculation Over Hedge Fund Manager’s Downfall In Full Swing
New York (HedgeCo.net) The Galleon scandal is raging full force, with Raj Rajaratnam’s global hedge funds under a microscope. Supervising the case is U.S. District Court Judge Jed S. Rakoff, who’s...
View ArticleRajaratnam Out On Bail, Winds Down Hedge Funds In Letter to Clients
New York (HedgeCo.net) – In a letter first made public by Reuters today to Galleon employees and clients, Raj Rajaratnam, who has been released on bail, said “I have decided that it is now in the best...
View ArticleHedge Fund Shareholder Appointed To Legg Mason’s Board Of Directors
New York (HedgeCo.net) – $703 billion global asset management firm, Legg Mason, announced today that an outstanding shareholder, hedge fund manager Nelson Peltz, will be elected to the Company’s Board...
View ArticleCioffi Told Investors Only ‘Couple Million’ Redemptions on Call
Bloomberg – Bear Stearns Cos. hedge fund manager Ralph Cioffi told investors in April 2007 that there had been a “couple of million” dollars in redemptions, days after being told an investor asked to...
View ArticleNorthern Trust Named Best Overall Hedge Fund Administrator
New York (HedgeCo.net) – Northern Trust has been named the Best Overall Hedge Fund Administrator by HFMWeek in the magazine’s inaugural U.S. Service Provider Awards. The awards recognize companies that...
View ArticleUK Fraud Office Investigates London Hedge Fund – Oil Sales Contracts
New York (HedgeCo.net) – London-based hedge fund, Dynamic Decisions Capital Management, which operated the Cayman Islands-based Growth Premium Master fund is being investigated by the Serious Fraud...
View ArticleHedge Fund Shareholder Joins Board of Directors
HedgeCo.net (West Palm Beach) – Hedge fund founder J. Winder Hughes, III, has joined wastewater treatment and power generation technology company, ThermoEnergy Corporation, on the Company’s Board of...
View ArticleBandon Provides Smaller Investors Access To Flagship Hedge Fund Strategy
HedgeCo.net (West Palm Beach) – Hedge fund manager Bandon Capital Management, LLC, has made it’s flagship investment strategy, DIRS – Directional Interest Rate Strategy – available to investment...
View ArticleMerlin Merger Provides Hedge Fund Managers Access to Network of Industry Experts
HedgeCo.net (West Palm Beach) – Hedge fund prime broker Merlin Securities and financial tech group Gerson Lehrman, announced an exclusive research partnership which will allow Merlin to provide...
View ArticleCredit Suisse Alternative Index Replication Suggests a Positive Month for...
HedgeCo.net (West Palm Beach) – Long/Short Equity hedge funds continued to increase overall net exposures in July, enabling managers to capitalize on market upswings early in the month, according to...
View ArticlePeople Moves: Global Fund Exchange Hires Hedge Fund Specialist
HedgeCo.net (West Palm Beach) – Alternative investment manager, Global Fund Exchange, has hired A. Michael D’Arpino as Director of Business Development, a new position at the firm. D’Arpino joins...
View ArticleMiller Heads Up New NorthPoint Dallas Office
HedgeCo.net (West Palm Beach) – Atlanta based hedge fund prime brokerage firm, NorthPoint Trading Partners, LLC, has opened an office in Dallas, Texas, led by industry veteran Chip Miller. Miller joins...
View ArticleHedge Fund Group Awarded Private Equity By Korean Sovereign Wealth Fund
HedgeCo.net (West Palm Beach) – Swiss-based alternative asset manager, Partners Group, has been selected as the manager for a private equity secondary mandate by the sovereign wealth fund Korea...
View Article2009 European Industry Leadership Award Goes To Paulson Director
HedgeCo.net (West Palm Beach) – Ms. Mina Gerowin, Managing Director of Paulson Europe, is this year’s recipient of the 100 Women in Hedge Funds 2009 European Industry Leadership Award. In recognition...
View ArticleBandon Flagship Strategy Gains Momentum, 5th Year Reached
HedgeCo.net (West Palm Beach) – Bandon Capital Management has reached it’s 5th year for its hedge fund flagship investment strategy, ‘Directional Interest Rate Strategy’, (DIRS) producing annualized...
View ArticlePeople Moves: Two Hedge Fund Specialists Join Probitas Partners
HedgeCo.net (West Palm Beach) – Hedge Fund veterans James Coleman and Vincent Le Hodey have joined global alternative investment firm Probitas Partners at its London office. “We are very excited to...
View ArticleAIMA Launches Directive Centre Media Resource
HedgeCo.net (West Palm Beach) – The Alternative Investment Management Association, (AIMA) has launched a Directive Centre on their website as part of an on-going campaign to have the European...
View ArticleOECD Puts Cayman Islands on Tax ‘White List’
HedgeCo.net (West Palm Beach) – The Organisation for Economic Cooperation and Development (OECD) added the Cayman Islands to its ‘white list’ of jurisdictions that substantially implement international...
View ArticleSEC Amends Rules to Issue More Subpoenas
HedgeCo.net (West Palm Beach) – Off-shore hedge fund law firm, Sadis & Goldberg LLP, sent out a letter to their clients announcing that the Securities and Exchange Commission (SEC) appears...
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Salus Alpha Directional Market Funds Outperform
West Palm Beach (HedgeCo.net) – Salus Alpha (SA) announced that their fund, ‘The Salus Alpha Directional Markets’ stood out from its peers in the Managed Futures space due to its unique approach. The...
View ArticleMan Seeds Hong Kong-based Minerva Macro Fund
HedgeCo.net (West Palm Beach) – Man Investments’ seeding fund, RMF Global Emerging Managers, has completed its second incubation deal of the last two months, providing a cornerstone investment of $50...
View ArticleRBC Hedge 250 Index returned 2.10 percent in July 2009
West Palm Beach (HedgeCo.net) – RBC Capital Markets today reported that for the month of July 2009 the RBC Hedge 250 Index(R) had a net return of 2.10 percent. This brings the year-to-date return of...
View ArticleSEC Halts Phony Investment Fund By San Diego Fraudster
West Palm Beach (HedgeCo.net) – The Securities and Exchange Commission yesterday recieved permission to freeze the assets of Mohit A. Khanna, who alledgedly raised as much as $70 million from 300...
View ArticleTMF Acquires Sydney Hedge Fund Manager Kingsway Taitz
West Palm Beach (HedgeCo.net) – International financial services provider TMF Group has expanded into boutiqe and hedge funds in Australia through the acquisition of Sydney administrator, Kingsway...
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UPDATE: Hedge Fund Brokerage Firm Updates Connectivity
West Palm Beach (HedgeCo.net) – Hedge fund prime broker, Newedge, has started using a Dubai Point of Presence (POP) connection to facilitate their access to the Dubai Gold and Commodity Exchange...
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