HedgeCo Networks

Bloomberg – Neuberger Berman Group LLC, the money manager that bought itself out of Lehman Brothers Holdings Inc., is considering providing startup capital to hedge-fund managers in Asia for the first time as it expands in the region. ...

Reuters – A potential 150 billion pounds fund covering British workers without pensions from 2012 should invest in alternative assets like property and hedge funds, a consultation of future stakeholders showed on Wednesday. ...

New York – The Financial Industry Regulatory Authority (FINRA) today announced that it has fined Terra Nova Financial, LLC, of Chicago, $400,000 for making more than $1 million in improper soft dollar payments to or on behalf of five hedge fund managers, without following its own policies to e...

New York (HedgeCo.net) – The billionaire hedge fund manager is arguing that authorities violated his constitutional rights by taping telephone conversations between Rajaratnam and his clients, the Wall Street Journal reports. ...

Bloomberg – Samena Japan Absolute Return Fund, a four-month-old, Japan-focused hedge fund, is beating the Topix index, betting on companies with new management and growing industries, including recycling and elderly care. ...

Reuters – Lehman Brothers International (Europe), where more than $35 billion of hedge fund assets have been frozen since the bank’s collapse last September, could return about $11 billion to fund managers by March if enough firms approve a new plan. Pr...

West Palm Beach (HedgeCo.net)Former Merrill Lynch banker Jun Mihara, 45, has announced plans to launch a fund to invest in Asian distressed debt. Mihara was hired by Zais Group LLC of Red Bank, NJ last month to serve as its chief investment officer to raise capital for the new venture...

West Palm Beach (HedgeCo.net) –Several key leaders of investment manager Chieftain Capital Management will be parting ways, according to a story published in the Wall Street Journal. Personality conflicts appear to strike at the heart of the breakup. ...

WSJ – Gold has long been favored by a fringe of the investment world, but this year some of the world’s leading hedge-fund managers have loaded up on the precious metal amid concern government efforts to avoid another Great Depression that could undermine major currencies and fuel rampant inf...

New York (HedgeCo.net) – UK-based emerging markets hedge fund firm, Insparo Asset Management has expanded their Africa & Middle East Fund with the appointment of Jamie Allsopp. ...

New York – (HedgeCo.net) – There is a growing trend in the investment management community. Hedge fund managers are crossing over into the traditional money management space of mutual funds. That is exactly what Greg Levinson of Schooner Investment Group did in early 2008. Le...

New York (HedgeCo.net) – Hedge funds posted a slight gain for the month as market reversals muted performance. The Credit Suisse/Tremont Hedge Fund Index (“Broad Index”) finished up 0.13% for the month, bringing year to date performance to 15.11% through October 31, 2009. A ne...

Bloomberg – President Barack Obama handed the U.S. Congress a road map for an overhaul of financial-services regulation in June, including greater oversight of derivatives and system-wide risks, new ways to wind down failed companies and a consumer agency to regulate credit cards and mortgages. ...

New York (HedgeCo.net) – According to investors, hedge fund manager John Paulson, of the $12.5 billion Paulson & Co. has plans to launch a fund dedicated to buying up shares of bullion-related investments. ...