Regulation
Hedge Fund Manager Gets Nearly 12 Years in Prison for Fraud
Nicholas Genovese pleads guilty to lying about credentials and hiding a criminal background.
Tag: hedge fund
Asset Allocation
Massive UK Pension to Cut Its External Hedge Fund Portfolio in Half
The Universities Superannuation Scheme intends to utilize its in-house investment team over managers.
Market Moves
Ken Griffin: Nobody Cares About Inflation, but They Should
Hedge fund kahuna laments that markets aren’t prepared for a return bout of soaring prices.
Asset Allocation
More Active Managers May Make a Comeback This Year: Mercer
Hedge funds and other active strategies still play a role in diversifying risk in client portfolios, says firm’s Hyman.
Asset Allocation
Investors Redeemed Nearly $100 Billion from Hedge Funds in 2019
It’s the second consecutive year of outflows in the industry as managers struggle to keep pace with the broader market.
CIO Behind the Scenes: Insights from a ‘Billions’-Style Hedge Fund Coach
Similar to the coach on the hit show ‘Billions,’ Sophia Fromell gives advice on fundraising, imposter syndrome, and strategizing.
Corporate Moves
Ex-UTIMCO Chief Bruce Zimmerman is CIO of Ray Dalio’s Family Office
Texas endowment’s former head had been member of various boards since 2016 exit.
SEC Charges Student with Running Ponzi Scheme Out of Frat House
Syed Arham Arbab allegedly promised ‘fictitious’ annual returns of up to 56%.
Newsmakers
Papa John’s Founder Is Bailing, Good News for Hedge Fund
With the disgraced John Schnatter selling his stake, hedge operator Starboard gets a decent shot at a turnaround of the pizza company.
SEC Charges Hedge Fund Manager with Misappropriation of $700K
Eric Lyons is accused of using ill-gotten funds to pay for luxury expenses for his family.
Alden Global Capital in Pension Pickle with Department of Labor
Investigation of the hedge fund’s media dealings could cause cracks in Gannett deal.
Regulation
Yale Alum Charged with Running Hedge Fund Scam While Student
Omar Zaki agrees to $25,000 SEC fine, three-year ban from investment industry.
CIO NextGen: Last Days to Nominate
Asset owners and managers to choose 25 of the industry's best up-and-comers.
CIO NextGen: Last Week to Nominate
Asset owners and managers to choose 25 of the industry's best up-and-comers.
Last Week to Nominate CIO’s NextGen Class of 2019
Asset owners and managers to choose 25 of the industry's best up-and-comers.