Archive for January, 2012
Dirty Hedge Fund Dealings Premier At Sundance
Sundance 12 kicked off over the weekend with the new hedge fund movie Arbitrage playing on day 3 of the festival. The movie depicts a hedge fund magnate under investigation, desperate to complete the sale of his trading empire to a major bank before his double-dealings are revealed. Vulture reports: “An ultra-rich hedge fund magnate [...]
Hedge Fund Advisor Gemini Expands With Nine Funds
Hedge fund advisor Gemini Fund Services, LLC., has announced the expansion of the Northern Lights Variable Trust (NLVT) with the addition of nine funds throughout 2011, the NLVT now comprises 14 funds in total, with over $380 million in assets. “Gemini is committed to providing our advisors with solutions to bring successful investment vehicles to [...]
The Worst Footnote of 2011: Leo Apotheker’s Golden Parachute
Footnoted, the business blog that unearths information buried deep in companies’ public filings, named the nominees for its annual “Worst Footnote of the Year” contest. The votes are in, and Footnoted’s readers selected former Hewlett-Packard CEO Leo Apotheker collecting around $25 million in severance and other benefits, including relocation back to France or Belgium after less [...]