The SEC may amend a rule aimed at US hedge funds if managers start to use it as a loophole to avoid registering with authorities. According to the new rule, US hedg
Horizon Cash Management LLC, has promoted Margaret White and Randal Burgess to Vice Presidents and Principals of the Chicago-based firm. White, formerly senior acco
Antepo, Inc, a developer of secure, interoperable Enterprise Instant Messaging (EIM), has launched the OPN System for the hedge fund market. The OPN System allows h
On 1 January 2005 Eurex will further strengthen its equity options segment by introducing a new market making model for European equity options trading. Rudolf Fers
Jeremy Podger is to manage London-based Threadneedle’s fifth hedge fund offering, a long/short equity fund named Global Crescendo. The new fund aims to deliver abso
Avebury Asset Management Group Limited and The Real Return Holdings Company Limited have formed a strategic alliance. The alliance marks an important step in the growth of
Gabriel Bousbib, President and Chief Executive Officer of multi-manager PlusFunds Group, Inc., has resigned to pursue other interests. Bousbib will serve as an advi
Judge Richard Stearns of the US District Court for the District of Massachusetts entered final judgments by default against Locust Offshore Management, LLC, and its CEO, Andrey C Hicks, defendants in a civil injunctive action filed by the Commission in
AMG Capital Group, LLC was launched in Austin, Texas this week providing access to US commodity funds and domestic and offshore alternative vehicles. George Y. Shinn, Founder and Managed Director of the new firm, which will act as a wholesaler
We reveal the private equity/hedge fund profits that the California Public Employees’ Retirement System (CalPERS) was forced to disclose this week. The disclosure f
