Archive for March, 2011
The Hedge Fund Association Expands into Latin America
The Hedge Fund Association (HFA) announced its expansion into Latin America along with the appointment of five new Directors. “The hedge fund industry has become increasingly global in scope. As such, it makes sense for the HFA to expand so that we can advocate on behalf of the international alternatives industry,” said David Friedland, President [...]
People Moves: SKCG Group Hires Wayne C. Siebner
Privately-held U.S. insurance and risk management advisory firm, SKCG Group, announced today that it has hired insurance industry veteran Wayne C. Siebner to enhance its global hedge fund and private equity fund practice. SKCG’s client roster already includes many of the industry’s largest and most recognized funds. Siebner will serve as Senior Vice President and [...]
Man Group Buys $800 Million Hedge Fund Ore Hill
Hedge fund giant Man Group plc., yesterday entered into an agreement to take full ownership through its US subsidiaries of Ore Hill Partners LLC and Ore Hill Partners Capital Management LLC (together, Ore Hill). “We are extremely excited to add Ore Hill to the GLG platform.” Raffaele Costa, Man’s Head of Sales for North America and Europe, [...]
The AquaTerra Hedge Fund Launch
Global Fund Exchange has announced the launch of the AquaTerra Fund, a new investment vehicle which invests in global opportunities in agriculture, water and natural resources. The AquaTerra Fund is a carve-out of the existing agriculture, water and natural resources strategies of the asset manager’s flagship portfolio, the Earth Wind & Fire hedge fund. “The [...]
49ers to Support Hedge Funds Care
The players, coaches and cheerleaders of the San Francisco 49’ers will make a special appearance at the 10th Annual San Francisco “Open Your Heart to the Children” Benefit organized by Hedge Funds Care and the San Francisco 49’ers Foundation. More than 450 hedge fund managers and investors are expected to attend the event which will feature [...]
Hedge Fund Networking Party A Blast
The 2011 HedgeCo Spring Networking Event attracted approximately 200 guests on the evening of the 22nd. Celebrating the end of winter, there was food, drink and networking with other members of the alternative investment community. “I enjoyed everything about the HedgeCo spring networking event.” Craig S. Aronoff, Managing Member at Victor Securities said, “You chose [...]
Rajaratnam’s Hedge Fund Trial Roundup
As the Sri Lankan born-American hedge fund manager charged with 14 counts of conspiracy and securities fraud awaits trial, speculation is mounting about who will be testifying against him. MarketWatch – U.S. federal prosecutors plan to call Lloyd Blankfein, the chief executive of Goldman Sachs Group Inc,, to testify in the insider-trading trial of Galleon [...]
Cayman Signs Hedge Fund Friendly Tax Agreement with India
The Cayman Islands signed its twenty-second Tax Information Exchange Agreement (TIEA) with India yesterday. The Cayman Islands is on the Organisation for Economic Cooperation and Development’s (OECD) ’white list’ of jurisdictions that implement international tax standards for investors such as hedge funds and other alternative investors. “Our Government has a strong working relationship with our Indian [...]
“The Twitter Predictor” Sold To UK Hedge Fund For Over $40 Million
A London-based hedge fund is investing 25 million pounds ($40.67 million) in the hope that Twitter research can accurately predict the stock market, according to IU campus paper The Indiana Daily Student. The hedge fund’s founder Paul Hawtin has hired Professor Johan Bollen and co-researcher Huina Mao as private consultants. “Bollen found that when looking [...]
Man Group Donates $1 Million To Children’s Charities in Japan
In a response coordinated with its Tokyo office, hedge fund giant Man Group has made an immediate $1 million commitment via its Charitable Trust to relief efforts in Japan. “We have all witnessed through TV coverage the scenes of devastation in Japan after the earthquake and tsunami.” Peter Clarke, Chief Executive of Man, said, “It [...]
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