Monthly Archives: June 2011

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Hedge Fund Tipster Longoria To Plead Guilty – FINalternatives

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Hedge Fund Tipster Longoria To Plead GuiltyFINalternativesLongoria will plead guilty to passing confidential information about his employer, Advanced Micro Devices, to Primary Global clients, including hedge funds. Longoria is accused of tipping off Sp… Continue reading

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From Minnesota’s corn fields to Wall Street – CNNMoney

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From Minnesota's corn fields to Wall StreetCNNMoneyToday, Haugerud runs Galtere Ltd., a New York based hedge fund with a billion dollars in assets under management. Haugerud's career began far from Wall Street. Her formative years were spent in… Continue reading

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Obama Pushes Strongly For Higher Hedge Fund Taxes – FINalternatives

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PoliticoObama Pushes Strongly For Higher Hedge Fund TaxesFINalternativesA combative President Barack Obama insisted yesterday that higher taxes—including higher taxes on hedge fund managers—would have to be part of any plan to increase the federal … Continue reading

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The Queen Angrily Summoned Prince Andrew To Buckingham Palace Over His NYC … – Business Insider

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Business InsiderThe Queen Angrily Summoned Prince Andrew To Buckingham Palace Over His NYC …Business InsiderIt turns out Queen Elizabeth summoned Prince Andrew to the Royal Palace after pictures of him with convicted hedge fund sex offender Jeffrey E… Continue reading

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Risk management high on agenda for Asian hedge funds – HedgeWeek

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Risk management high on agenda for Asian hedge fundsHedgeWeekVerdicchio, as Vulpes' chief risk officer, is one a growing breed of investment professionals that are joining hedge funds to ramp up independent risk management reported Reuters this wee… Continue reading

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Hiking Hedge Fund Taxes: No Help to the Deficit – CNBC.com

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Business InsiderHiking Hedge Fund Taxes: No Help to the DeficitCNBC.comYesterday, President Barack Obama proposed killing a quirk of the tax code that allows managers of hedge funds to pay lower tax rates on a substantial portion of their compensation…. Continue reading

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Will Ferrell To Play ‘Narcissistic’ Hedge Fund Manager On Screen – FINalternatives

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Will Ferrell To Play 'Narcissistic' Hedge Fund Manager On ScreenFINalternativesAdding insult to injury, on the same day that President Barack Obama forcefully pushed for higher taxes on hedge fund managers, his friends in Hollywood have heaped … Continue reading

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Renewable fuel company Kior raises $138m from IPO – NewNet

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Citybizlist (press release)Renewable fuel company Kior raises $138m from IPONewNetSan Francisco-based hedge fund Artis Capital Management increased its holding in the company by purchasing 36231 shares for a net purchase price of $5.5m. The fund alread… Continue reading

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‘Black Swan’ Funds Allow Investors to Speculate on Financial End Times – The Inquisitr

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The Inquisitr'Black Swan' Funds Allow Investors to Speculate on Financial End TimesThe InquisitrBlack Swan hedge funds, named for a book by Nassim Nicholas Taleb, spookily made gains in May. The particular type of hedge fund has been gaining in… Continue reading

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ATM Slip Shows Whopping $100 Million Saving’s Balance – ABC News

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Telegraph.co.ukATM Slip Shows Whopping $100 Million Saving's BalanceABC NewsThe receipt, uncovered by Dealbreaker.com, reportedly belongs to billionaire hedge fund manager and Hamptons resident, David Tepper. The ATM slip shows a savings balance of… Continue reading

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