Andrew Shrimpton, member at Kinetic Partners, on the extension of the deadline for SEC registration for Foreign Private Investors… The SEC have now confirmed the extension of the deadline for registration for hedge funds to 30 March 2012, following the
The Securities and Exchange Commission has charged twin brothers from the UK with defrauding approximately 75,000 investors through an Internet-based pump-and-dump scheme. According to the SEC allegations, the brothers touted a fake “stock picking robot” that purportedly identified penny stocks
BTIG, a financial services firm specialising in institutional trading and related brokerage services, has secured a strategic investment from CLSA. BTIG and its global affiliates will continue to operate as fully independent organisations. CLSA, an Asian independent brokerage and
The Conifer Group, LLC (Conifer), a provider of fund administration, middle office, trading and prime brokerage services to the hedge fund industry, has named Peter O’Connell (pictured) as its Chief Financial Officer. Prior to accepting this position, O’Connell was the
The Securities and Exchange Commission has charged Chicago-based GEI Financial Services and its owners, Norman Goldstein and Laurie Gatherum, for defrauding their advisory clients — including the GEI Health Care Fund 2001 — by taking at least USD147,000 in excessive
JP Morgan Asset Management has moved swiftly with an announcement this week that it has gone live with Key Investor Information Documents (KIID) for its Lux-domiciled suite of UCITS funds.
The trustees of the GBP1.5bn Willis Pension Scheme have chosen Towers Watson to manage a large portion of its hedge fund portfolio on a fiduciary basis, following a competitive tender. The portfolio, which will have an initial value of around
Allonhill, a Denver-based national mortgage due diligence and credit risk management firm, has hired Mike Hartman to serve as director of sales. Hartman, who most recently served as a vice president for JP Morgan Chase, will oversee the sales department,
On 8 June, 2011, The Honourable Jed S Rakoff of the United States District Court for the Southern District of New York entered a judgment against Gautham Shankar in SEC v Galleon Management, LP, et al, 09-CV-8811, an insider trading
San Francisco-based Matthews International Capital Management LLC, America’s largest dedicated Asia investment specialist, has started to offer a number of its Lux-domiciled UCITS on <
