Tag: hedge fund
Bridgewater Associates plans new partnership structure
Westport-based Bridgewater Associates, the world’s largest hedge fund, is being reorganized into a partnership structure that will cede more control to top executives.
Fairfield County offers 14 billionaires to Forbes’ new list of world’s...
Once again, Ray Dalio, founder of the Westport-based Bridgewater Associates hedge fund, was the highest-ranking Connecticut resident on the list – at No. 67.
Greenwich financial exec Harry Arora seeks GOP bid to challenge Himes
Arora has criticized the Affordable Care Act for making health care “unaffordable” and advocated for smaller government that works more effectively.
Wilton man pleads guilty in Stamford hedge fund Ponzi scheme
Steven Simmons of Sideris Capital Partners misused more than $6 million solicited for the hedge fund Sentinel Growth Fund Management.
Ray Dalio cites income inequality as the nation’s greatest issue
“I think the greatest issue of our time is the disparity of wealth and the problems that exist for the lower 40 percent of the population,” Dalio said.
Greenwich hedge fund manager shuts business to run for governor
David Stemerman's Conatus Capital Management will return 95 percent of its client money by Dec. 22.
Stamford man sentenced in money scheme
Hedge fund manager serves time for misleading investors.
SEC lifts hedge fund advertising ban
The Securities and Exchange Commission lifted an 80-year ban on general solicitation, or advertising, for certain securities offered by hedge funds and other firms seeking private capital.
Diamondback Capital to close after clients pull funds
Despite strong returns, Diamondback Capital Management L.L.C., a Stamford-based hedge fund that had assets of more than $5 billion as recently as two years ago, announced in a Dec. 6 letter that it would close down.
CFO embezzled $1M
A New York resident pleaded guilty to embezzling $1.1 million while CFO of a Westport hedge fund.
Millennium expands in Greenwich
In a sizeable expansion, Millennium Partners renewed a lease at 1700 East Putnam Ave. in Greenwich.
Big hedge funds best since recession
Big hedge funds have outperformed their smaller rivals since the recession, according to a new study.
Dubin, Tudor buy LDH Energy
Glenn Dubin, Paul Tudor Jones and others are buying a controlling stake in Stamford-based LDH Energy.
Yale fund ROI: 4.7 percent
Yale University’s endowment fund earned a 4.7 percent return on investments for the 2012 fiscal year.
K2 sold to Franklin Templeton
Franklin Templeton is acquiring a majority stake in the “fund of hedge funds” K2 Advisors.