Goldman to Close Global Alpha Fund After Losses

Reuters – September 2011 NEW YORK (Reuters) – Goldman Sachs Group Inc is shuttering a well-known hedge fund that relies on computer-driven trading strategies after the portfolio rang up a hefty loss this year. Goldman told investors in the roughly...
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CT Considering Hedge Fund Bill

Hartford Business – February 2010 Some Connecticut lawmakers are resurrecting efforts to pass new state regulations on the hedge fund industry, frustrated by what they see as inaction in Washington. The legislature’s Banks Committee has scheduled a public hearing for...
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Putting Hedge Funds on a Tighter Leash

Wall Street Journal – June 2009 THE GLOBAL MARKETS CRISIS OF 2008, CAPPED BY the revelation of Bernard Madoff’s $65 billion Ponzi scheme, has sped up a long-expected tightening of hedge-fund regulations. Barney Frank, chairman of the House Financial Services Committee,...
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Two Perot Fund Alums Start Investment Firm

New York Post – May 2009 Two traders who recently left Ross Perot’s troubled investment firm Parkcentral Capital Management are seeking money to start their own hedge fund. The two money managers, Michael Presley and John Sawyer, left Parkcentral in...
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Get Over the Hedge

Forbes – November 2008 Hedge funds are to the modern stock market as sunspots were to electronics in the 1960s: a convenient scapegoat when things go wrong without an evident cause. But they probably aren’t to blame for last week’s...
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