New Hire Roundup: Putnam Welcomes Two; Securities America Promotes Belluomini
This week in new hires, Putnam Investments welcomed Charlotte Walsh and Greg Weissman, Michael Belluomini was promoted at Securities America, and John Kim and Chris Blunt took new positions at New York Life.
AQR Capital Launches Multi-Strategy Fund
AQR Capital starts fund that uses alternative strategies usually employed by hedge funds.
FCIC Subpoenas Goldman Sachs & Co.
The Fraud Enforcement and Recovery Act of 2009 gives FCIC power to compel Goldman Sachs to produce missing witnesses and documents.
Criminal Investigation Reported for Goldman Sachs
U.S. prosecutor reported to be looking at mortgage trading activities of storied firm.
Criminal investigation reported for Goldman Sachs
It is widely reported that U.S. prosecutors are looking into the mortgage trading activities of Goldman Sachs Group and its employees. The New York Times...
SEC Charges Goldman Sachs With Fraud
Charges related to mortgage markets and "undisclosed" interests that helped hedge fund pocket $1 billion.
News & Products
The Securities and Exchange Commission announced on May 31 the institution of proceedings against 15 broker/dealer firms for engaging in violative practices in the $200...
Refco & Flowers in 'Advanced Negotiations'
NEW YORK (HedgeWorld.com)--Refco Inc. announced Monday (October 17) that it is in advanced negotiations with a group of investors for the sale of Refco's futures brokerage business, conducted through Refco LLC, Refco Overseas Ltd., and Refco Singapore Pre. Ltd., as well as related subsidiaries. The group pursuing a purchase is...
Convertible Bond Expert Calamos Prepares IPO
NEW YORK (HedgeWorld.com)--Calamos Asset Management Inc., a manager of convertible arbitrage and other strategies in a variety of vehicles including hedge funds, registered with the Securities and Exchange Commission the initial public offering of its Class A common stock. Citigroup and Merrill Lynch & Co. are the underwriters, with Goldman...
New Long/Short High-Yield Bond Fund Gets Capital Z Investment
NEW YORK (HedgeWorld.com)--Burton Weinstein and Jeff Schachter launched Cedarview Capital Management LP with about US$50 million in assets under management. Hedge fund and private equity investor and incubator Capital Z Investments LP is sponsoring the newcomer. New York-based Cedarview will pursue long/short high-yield strategies as well as other credit-oriented investment...