Hedge Funds

A hedge fund is a pooled investment vehicle administered by a professional management firm, and often structured as a limited partnership, limited liability company, or similar vehicle. Hedge funds are distinct from mutual funds as they employ leverage and from private equity funds as they invest in relatively liquid assets. Hedge funds invest in a diverse range of markets and use a wide variety of investment styles and financial instruments. The name "hedge fund" refers to the hedging techniques traditionally used by hedge funds, but hedge funds today do not necessarily hedge.
Posts about Hedge Funds
  • Stealing from the Dead – Accounting Malpractice Post

    … the cemeteries to Smart. Michigan’s Cemetery Commissioner approved the transfer. Clayton Smart acquired 28 cemeteries and $68 million in trust funds and didn’t spend a dime of his own money. Instead, he used the money that had been paid by families to insure the care of their departed loved ones. Looting the Account Smart may have acquired ownership…

    Due Diligence- 17 readers -
  • SandRidge Energy Investigation

    …-lined at $0.05 per share and is trading on the Over the Counter Exchange (OTC Market) after it was removed from the NYSE in early January. The stock price had been on a steady decline for the past eight years, valued at $65.00 per share in 2008. SandRidge is considered a micro-cap as it was valued at less than $300 million and currently its market…

    Eccleston Law Offices- 22 readers -
  • JP Morgan Faces Further Investigation into Conflicts of Interest

    … JP Morgan Faces Further Investigation into Conflicts of Interest Posted on Thursday, March 24, 2016 at 4:29 PM From the Desk of Jim Eccleston at Eccleston Law LLC: JP Morgan Chase and Co. continues to face investigations by the SEC and the U.S. Commodity Futures Trading Commission surrounding conflicts of interest in the way it sold its own…

    Eccleston Law Offices- 22 readers -
  • SEC Shifts Resources from Broker Exams to Investment Adviser Exams

    … of advisory exams has become increasingly demanding after Congress gave the agency new powers to monitor hedge funds and private equity funds in 2010. The attorneys of Eccleston Law LLC represent investors and advisers nationwide in securities and employment matters. Our attorneys draw on a combined experience of nearly 65 years in delivering the highest quality legal services. If you are in need of legal services, contact us to schedule a one-on-one consultation today. …

    Eccleston Law Offices- 15 readers -
  • Former Advisors Indicted in $35 Million Fraud Scheme

    … that the marketing material assured that the notes were secured by real property. Instead, Alleca and Morrow are alleged to have used the funds for personal expenses. Additionally, legal actions have been brought against TD Ameritrade and Charles Schwab related to their roles as custodians in the matter. The two firms allegedly did not detect or chose…

    Eccleston Law Offices- 20 readers -
  • 2015: A Bad Year for Hedge Funds

    … Capital Offshore, David Einhorn Down 16.9% in 2015, Greenlight Capital’s Offshore Fund faced many challenges in the tough summer. The fund held a short position in Keurig Green Mountain Coffee Roasters, which would have been a big win for the fund had it not been acquired by a group of private investors at a 78% premium of the stock price. Early…

    Eccleston Law Offices- 19 readers -
  • Puerto Rico Bonds – JUNK!

    …. As a territory, it does not have the legal right to do so under the U.S. Bankruptcy code. Some big institutional investors such as hedge funds that invested heavily in the now nearly worthless bonds are instead demanding that the government gut programs and engage in mass layoffs of teachers and public employees. U.S. House Democrats generally support…

    Due Diligence- 39 readers -
    Earlier about the same topic:
  • Mediocre Performance of Hedge Funds Hidden By Reporting Biases

    … Mediocre Performance of Hedge Funds Hidden By Reporting Biases Posted on Tuesday, September 1, 2015 at 2:27 PM From the Desk of Jim Eccleston at Eccleston Law LLC: According to a recent study, the average annualized return for the hedge fund industry since 1996 decreases from 12.6 percent to just 6.3 percent after the biases that hedge funds…

    Eccleston Law Offices- 12 readers -
  • Citigroup Affiliates to Pay $180 Million to Settle Hedge Fund Fraud Charges

    … Citigroup Affiliates to Pay $180 Million to Settle Hedge Fund Fraud Charges Posted on Thursday, August 27, 2015 at 11:58 AM From the Desk of Jim Eccleston at Eccleston Law LLC: Two Citigroup affiliates, Citigroup Global Markets Inc. (CGMI) and Citigroup Alternative Investments LLC (CAI), have agreed to pay nearly $180 million to settle…

    Eccleston Law Offices- 22 readers -
  • Madoff Victims Sues IRS for Tax Refund

    … Gladys Luria, however, is a first. Her heirs are suing the IRS for a tax refund. When you hear the story, it makes perfect sense. Gladys Luria died in 2005 at the age of 96. At the time of her death she was supposedly worth $32 million. I say “supposedly” because her worth was mostly based on her account with Bernie Madoff. Three years later…

    Due Diligence- 11 readers -
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