Tag:
hedge fund
Latest Headlines
Latest Headlines
University endowments smash benchmarks
Despite what has been a middling year at best for hedge funds and the stock market, the performance of college and university endowments has been stunning.
Colleges and universities nationwide reported an average return of 19.8 percent, according to a report by the Commonfund Institute and th
SEC hits funds with "too good to be true" returns
In hindsight, many have suggested that the purported huge returns racked up Bernie Madoff were simply too good to be true. That was the largest of the red flags.
The SEC has taken the lesson to heart with its fairly new Aberrational Performance Inquiry, a initiative of the enforcement division
Goldman Sachs steps up fund seeding activity
We recently noted that the revival in the hedge fund industry has created a strong environment for hedge fund seeders.
Lots of big-name firms--such as Blackstone Group, Goldman Sachs, Reservoir Capital and "upstart seeder firms" like NewAlpha Asset Management--have all jumped into the game
Limited partners seek liquid hedge funds
We noted recently that, on average, most hedge fund do not seem to be getting hit with a massive wave of redemption requests, though fund executives understandably remain a bit nervous.
It's fair to say however that more limited partners are pondering ways that they can stay more liquid with
Hedge fund compensation falls
So how bleak is the hedge fund industry right now? Glocap says that compensation for 2011 is running 10 percent lower, mostly reflecting tough markets in the third quarter. Of course, average figures mean little. What really matters is how specific funds are faring. There are plenty of winners thi
SAC profited from dubious trades
The big question right now about SEC's historic insider trading investigations is how many more truly big fish---beyond convicted insider trading mastermind Raj Rajaratnam---will ever be charged. One big fish is Rajat Gupta, the former head of McKinsey and a Goldman Sachs director no less. He has
SEC's Form PF may be lightening rod
Most people expected the SEC's proposals for Form PF to reflect the influence of the hedge fund and private equity fund industry, which were none too pleased by what they saw as onerous disclosure requirements, too few security guarantees and a tight 15-day reporting period among other things.
Hedge funds face light redemption requests
As performance wavered, recent conventional wisdom has been that hedge funds are taking a close look at investment, pondering whether they should pull the redemption trigger as deadlines for such requests loom. But there are signs that the hedge fund industry dodged a bullet this year.
Reute
Will the SEC's deal with Citi be approved?
Recall that when the SEC inked its much-discussed settlement with Bank of America over a raft of Merrill Lynch-related issues, the moment was noteworthy because it seemed like a victory for regulators. But then Judge Jed Rakoff took a look at it in detail, he pointedly rejected it, suggesting that
Prosecutors may target SAC Capital
The government's success in prosecuting insider trading cases has been more than noteworthy.
We know that probes are continuing. What we don't know is whether prosecutors are serious about going after fish that's bigger than even Raj Rajaratnam, the convicted inside trader who received 11 year
