Hedge Fund News: Scott Rothstein, Warren Buffett, Barton Biggs
Hedge funds turned their backs on Johnson & Johnson and Amazon.com Inc in the last months, kicking the former market darlings into a group where they see stock prices dropping...
Posts Tagged ‘Raj Rajaratnam’
Hedge Fund News, Doug Whitman Insider Case, Soros, Rogers…
Whitman Capital LLC’s president was charged with taking part in two separate insider-trading conspiracies, using illegal tips on Google Inc., Polycom Inc.
Hedge Fund January Performance, Insider Trading Cases, Soros, Ackman…
Mark Jurish, chief executive officer of Larch Lane Advisors, talks about hedge fund industry performance and strategy.
Hedge Fund News, John Taylor, Kyle Bass, Insider Trading Case, Etc…
John Taylor, founder of currency- hedge fund FX Concepts LLC, said he’s betting against the dollar after Federal Reserve policy makers extended their pledge to keep interest...
Lansdowne, Marc Faber, LightSquared, Fairholme, TPG & GlobeOp, Cohen & LA Dodgers…
Lansdowne Partners, one of Europe's biggest hedge fund managers, saw its flagship UK fund return 5.7 percent in January, in a sign the industry is benefiting from a rebound in...
SEC Expands Insider Trading Charges Against Rajat Gupta
The SEC have expanded their insider trading case against Rajat Gupta, "charging him with passing tips to convicted hedge fund manager Raj Rajaratnam much earlier than alleged ...
Hedge Fund News, TPG Buys GlobeOp, Warren Buffett, George Soros, Super PAC, Etc…
TPG Capital LLP agreeed to buy GlobeOp Financial Services SA, a hedge fund administrator, for about 508 million pounds ($800 million).
Hedge Fund News: Bluecrest, Japan’s Debt, Jim Rogers, Stock Picks…
Troy Gayeski, senior portfolio manager at SkyBridge Capital LLC, discusses liquidity conditions for hedge funds and high-yield bonds, and efforts by the U.S.
Bridgewater Returns 23%, David Einhorn Insider Trading Case
Texas’s Permanent School Fund may hire in-house money managers to oversee its $25 billion in assets because returns are being “eaten alive” by hedge-fund fees, according...
Hedge Fund Redemption Falls, Top Stocks Picked By Investment Banks, Buffett Blames For Romney’s Tax Rate, Etc…
Redemption requests by hedge fund clients have fallen to the lowest monthly level on record as improving market sentiment combined with a typical seasonal lull in asset re-allocation...
Icahn Said to Buy LightSquared Debt, Seth Klarman Invests In Europe, Greece Nears Debt Deal, Etc…
Billionaire Carl Icahn has purchased debt from Philip Falcone’s LightSquared Inc.’s bondholders as the satellite-broadband-service provider struggles to start service, two...
Insider-Trading Probe News, Kodak Filed Bankruptcy, Hedge Fund May Sue Greece, etc.
As a profit-making endeavor, managing other people’s money is hard to beat. The business requires very little invested capital.
Paulson Persists With Property, Coleman Raise $XRS, Top 10 Fund Managers Loved By Hedge Funds, Hedge Funds On Greek Debt…
Paulson’s credit funds owned at least $2.4 billion of mortgage- backed securities on a “notional” basis in the third quarter, or at least 20 percent of its holdings, according...
Ackman Plans A Proxy Fight, Todd Combs Posted Gain In Bershire, Chase Coleman Returned 45% In 2011
William Ackman’s plan to wage a proxy fight to install a new chief executive officer at Canadian Pacific Railway Ltd.
Prosecutors Allege Gupta Told Rajaratnam About $PG Sale of Folgers
Prosecutors in the Rajat Gupta case said in court yesterday that "former McKinsey & Co.
Elliott Sells Relativity Media Stake, Cohen Adds Member, Seth Klarman’s Mega-Quarry Investment, Sprint Invests In Lightsquared
Hedge funds sank almost 5% last year amidst market volatility and the European sovereign debt crisis.
Insider Trading and the Birth of the Perfect Hedge
Five years ago, FBI agents David Chaves and Patrick Carroll received intelligence that "a surge in profits at hedge funds might be the result of an epidemic of insider trading...
The Ten Biggest Market Moments of 2011
Hedge fund managers played important roles in big market events in 2011.
Rajaratnam Wins Back His Passport, Apartment And $2.5 Million Cash
Raj Rajaratnam, who was formerly sentenced to 11 years in prison for insider trading, can have his passport, his $17.2 million Manhattan apartment and $2.5 million cash back, ...
Adondakis, Tortora and Abbasi May Be Charged with Insider Trading
Investigators are poised to enter new charges against three traders reports the Wall Street Journal.
Man Appoints Hendricks, Raj Seeks Appeal, Powerball Controversy
Man Group, the world’s largest listed fund manager, has appointed ex-Goldman Sachs man Ruud Hendriks as non-executive chairman of the firm’s Institutional Department. He ...
Paulson Apologizes, Capital One Axes Hedge Fund, Hawkins Ups $TXI
Hedge fund legend John Paulson apologized to investors for what he is calling a year that has been “the worst in the firm’s 17 year history.” “We are disappointed and...
Raj’s Fine, Icahn Ups $TPCA, Citadel Ups $MDC, Och-Ziff Down
Convicted hedge-fund titan Raj Rajaratnam will likely appeal the record penalty handed down by the Securities and Exchange Commission last week on civil insider trading charges...
Rajaratnam Fined $92.8M, Citi Launches 3.0, Distressed Debt
A federal judge on Tuesday ordered the convicted hedge fund titan Raj Rajaratnam to pay a $92.8 million penalty, the largest ever assessed against a person in a Securities and...
MF Global Bankrupt, SevenLocks Launch, Weinstein Ponzi, Brent Oil
MF Global, a trader in commodities and derivatives, filed for bankruptcy production Monday, according to a court document. Trading in MF Global (MF) was halted on the New York...
The Realities of Prosecuting Rajat Gupta – No Proof, No Profit
Rajat Gupta surrendered to the FBI over insider trading charges Wednesday morning.
Raj Rajaratnam Faces New Insider Trading Charges
Raj Rajaratnam is in hot water again. The SEC filed new charges against him on Wednesday "after first charging him with insider trading in October 2009," reports FuturesMag.
Rajaratnam Interview Comments ‘Inaccurate” Says FBI
Raj Rajaratnam allowed Newsweek to interview him. It was his first interview since his arrest two years ago.
Rajat Gupta Surrendered to FBI Over Insider Trading Charges
Rajat Gupta surrendered Wednesday morning to Federal Bureau of Investigation officials over charges of insider trading reports the New York Times.
Raj Rajaratnam Says He Was Offered Deal to Cooperate Against Rajat Gupta
Raj Rajaratnam, the Galleon Group founder who was convicted of insider trading and was sentenced to 11 years this month, gave his first interview since his arrest to Newsweek.
Raj Rajaratnam, Convicted Insider Trader, to Get Kidney Transplant Paid for by Taxpayers
According to CNN Money, Raj Rajaratnam, the man recently sentenced to 11 years for insider trading, may be receiving a kidney transplant, at the taxpayers' expense.
Steve Cohen’s SAC Capital in SEC Cougar Probe
The SEC is not done with Steve Cohen nor Raj Rajaratnam reports BusinessInsider.
Evening Leaders – Rajaratnam Gets 11 Years, Google Profit Climbs
A sharp sell-off in commodity markets in the past few weeks is wreaking havoc with the track records of some of the biggest-name funds in the sector, many of which now languish...
Rajaratnam Sentencing – Sri Lankan Native Gets 11 Years
Prosecutors alleged billionaire Rajaratnam gained about $64 Million through insider trading, just a fraction of what his hedge fund, Galleon Group, was valued at in its peak.
Intagible Assets Popular with Hedge Funds, Hedge Fund Employee Bonuses
John Paulson, the billionaire who is betting on an economic recovery by the end of 2012, has lost 47 percent this year in his largest hedge fund, according to three people with...
Ping Capital Falls, Lone Star Fined, Soros Conviction Stands
Spain had its credit rating cut two levels by Fitch Ratings, which cited the “intensification” of the euro crisis, slower Spanish growth and regional finances as risks to...
Goffer Sentenced to 3 Years
Hedge fund trader Emanuel Goffer was sentenced to 3 years on Friday, October 7 for insider trading by US District Judge Richard Sullivan.
Raj Rajaratnam to be Sentenced Next Week
Raj Rajaratnam is scheduled to be sentenced next week. Rajaratnam, the founder of Galleon Group, was convicted of insider trading by a federal court last year.
Hedge Fund News: Altana’s Robinson On Inflation, Tatiana Segal Hired By SkyBridge, Rajaratnam Sentence, Brevan Howard To Give Back, Madoff’s Investors Entitled To Funds
Lee Robinson, co-founder of Trafalgar Asset Managers, said inflation, the current market volatility and the European debt crisis make this the “most dangerous period for financial...
Raj Rajaratnam Could Set Guinness Record For Insider Trading Sentence
Raj Rajaratnam could get the longest insider trading sentence in history - 24 years in prison - if federal prosecutors have their druthers. (more…)
Hedge Fund News: Biggest Funds of Hedge Funds, Bruce Kovner, Donald Longueuil SEC Suite, Rajaratnam’s Sentencing
Bruce Kovner, a founder of Caxton Associates, will retire as chairman of his $10 billion hedge fund firm at the end of the year, handing off the reins to his chief investment ...
Fugitive Deep Shah, Hedge Funds’ Massive Short, 2010’s Best Hedge Fund Manager
Of the 26 defendants criminally charged in the government’s insider trading investigation centered on Raj Rajaratnam, the hedge fund billionaire, only one has not been convicted...
Hedge Funds’ Favorite Stock, Paulson, Soros, and Ainslie
Apple, already the top favorite among hedge funds, gained more admirers in the second quarter, including Eric Mindich and Larry Robbins. Apple was ranked the No.
The Economist Is Wrong About Paulson In Its Celeb Hedge Fund Manager Article
The Economist has an article listing the celebrity hedge fund managers who are in trouble.
Insider Trading in the Post-Rajaratnam World
Hedge Fund billionaire Raj Rajaratnam has been found guilty of all 14 counts of securities fraud and conspiracy charges against him.
Raj Rajaratnam Guilty Verdict Proves Cheaters Never Win
For years, Raj Rajaratnam lived like a Wall Street rock star. His Galleon Group hedge fund managed more than $7 billion in assets.
Philippe Jabre’s $300 Million Fiasco, Elliott Advisors, D.E. Shaw and Mukesh Ambani
Few investors have made as many mistakes navigating markets over the past two weeks as Philippe Jabre. Mr.
Rajaratnam Team Attacks, MLB Wants Hedge Funds at Bay, Halcyon Looks To London
The firm has added Rollo Wigan as part of a major expansion of its London office.
Fund Managers Forced To Use ‘Plain English’, Asia Hedge Funds Grow, Witness Says Galleon Paid For Tips
Money managers are gearing up for a public and plainly stated confessional.
