Hedge Fund Focus

Press Release
Office of Public Affairs
(916) 795-3991
Pat Macht, Assistant Executive Officer
Contact: Brad Pacheco, Assistant Chief
pressroom@calpers.ca.gov
CalPERS Board President Establishes Risk Committee - Ad Hoc Committee to address enterprise wide systemic risk

SACRAMENTO, CA – Rob Feckner, President of the CalPERS Board of Administration announced today the formation of a new ad hoc board committee to review and enhance [...]

youDevise’s HIP Introduces On-Demand Front-Office Analytics for Funds of Hedge Funds; Features “Anti-Madoff” Technology for Identifying Potential Risks
LONDON–(BUSINESS WIRE)–youDevise Limited announced today a new level of automation for fund of hedge fund (FoHF) portfolio management, introducing a series of front-office analytic reports that can be generated on demand by its Hedge Fund Information Provider (HIP). [...]

David Bradley to Join Blackstone
New York, April 2, 2009: The Blackstone Group (NYSE: BX) today announced that David Bradley has agreed to join the firm effective end of June 2009 as a Senior Managing Director in its Corporate Advisory Group and as Head of its Global Chemicals Practice. Mr. Bradley was formerly Managing Director and [...]

Managed Funds Association Espouses Smart Approach To Regulatory Reform as Group of Twenty Concludes in London
WASHINGTON, DC –Managed Funds Association (MFA) President and Chief Executive Officer Richard H. Baker, issued the following statement as the Group of Twenty (G-20) concludes its meeting in London to discuss global economic stability:
“Financial system stability and the restoration of [...]

Blogs have become important tools in the investment management industry and have allowed even the most unsophisticated computer user (ahem….hedgefundlawblog….) to post useful thoughts and information for other industry participants to examine and opine upon.

Some hedge fund managers may want to use the internet and blogs to vet ideas or to discuss certain parts of [...]

Currently each state has their own securities laws and their own interpretation of those laws.  While many of the laws and regulations are based on the same set of model rules, no two states seem to take the same interpretation with regard to the rules.  Enforcement is completely different as well.  This presents many problems [...]

Allowing Investor Viewing Access to Brokerage Account
I have recently been talking with many hedge fund service providers about what they are seeing in the industry right now.  The following quote aptly summarizes what I have been hearing:
it’s a buyer’s market and managers need to be mindful if they are going to attract investors
Accordingly, this article [...]

Aquiline Capital Partners LLC Invests in HedgeServ Holdings
HedgeServ Addresses the Increased Industry Demand for External Administration With Real-time Transparency and Reporting
NEW YORK–(BUSINESS WIRE)–Aquiline Capital Partners LLC (“Aquiline”), a New York based private equity firm investing in financial services, today announced it has made an investment in HedgeServ Holding LP (individually and collectively with its affiliates [...]

Information for Customers of James M. Nicholson and Westgate Capital Management, LLC
On Feb. 25, 2009, the United States District Court for the Southern District of New York granted the Securities and Exchange Commission’s emergency application for an order freezing the assets of Westgate Capital Management, LLC (Westgate) and its managing member, James M. Nicholson [...]

Securities and Exchange Commission Charges Ray M. White, of Mansfield Texas, With Ponzi Scheme
On March 4, U.S. District Judge Ed Kinkeade, for the Northern District of Texas, Dallas Division, appointed a receiver and froze the assets of a Mansfield, Texas resident who is alleged to have raised at least $10.9 million from over 250 investors [...]