Tagged: hedge funds

March 3, 2021 @ 9:03 am By Omar Faridi  |  

Peer to peer business lender ArchOver notes that it’s “wonderfully ironic” when Michael Burry, who had been played by actor Christian Bale in the Big Short, tells us that the GameStop antics are “unnatural, insane and dangerous.” Bale also noted that there must be “legal… Read More

February 8, 2021 @ 10:05 pm By Omar Faridi  |  

Renaissance Technologies, the investing firm that recently recorded its worst returns across its public funds, is now having to deal with around $5 billion in redemptions. Customers decided to pull about $1.85 billion across the three different hedge funds back in December 2020 and also… Read More

February 7, 2021 @ 8:21 pm By Omar Faridi  |  

Digital investment platform Robinhood is reportedly facing around 30 different lawsuits from traders for shutting down or not supporting GameStop trading. Several groups of Robinhood‘s clients have filed lawsuits against the stock trading service provider. Lawsuits have alleged the firm violated certain laws by imposing… Read More

January 22, 2021 @ 7:47 pm By Omar Faridi  |  

Enfusion, an established provider of global investment management software and fund services that’s focused on “automating and simplifying full front-to-back office functionality with one vendor,” notes that as funds continue to grow, many patch together tech solutions, adding new functionality or capabilities as they become… Read More

May 23, 2020 @ 8:06 pm By Omar Faridi  |  

New York-based Vision Hill Cryptocurrency Hedge Fund, a full-service digital asset management and solutions company, recently released its Q1 2020 returns reports. As noted by the firm, its active crypto indices are “non-investable” reference indices that have been designed to be “representative of the overall… Read More

April 19, 2020 @ 9:46 pm By Omar Faridi  |  

A somewhat secretive but promising hedge fund has reportedly been approved to make investments in the Bitcoin (BTC) futures markets. As noted in a document dated March 30, 2020, the US Securities and Exchange Commission (SEC) has now permitted Renaissance Technologies’ Medallion Funds to offer… Read More

November 21, 2018 @ 2:59 am By Cali Haan  |  

Anthony Pompliano, a founder and partner at Morgan Creek Digital assets, has shed light on the inner workings of crypto fund management in a recent blog post, and believes a number will close up when a fund performance reckoning becomes crystal clear at the end… Read More

October 3, 2018 @ 3:16 pm By Samantha Hurst  |  

Lumina, a digital assets prime dealer and financial platform, announced on Wednesday the launch of its service following the company securing $4 million in seed funding. Lumina reported that its mission is to help family offices and hedge funds around the world gain exposure to… Read More

June 18, 2018 @ 7:59 am By JD Alois  |  

  A report in the FT is pointing to the fact that cryptocurrency / blockchain hedge fund returns have dropped dramatically in recent month as volatile markets impacted the price of Bitcoin and other alt coins. Bitcoin began the year trading far higher. On January… Read More

January 7, 2015 @ 8:04 am By Erin Hobey  |  

2014 proved to be a strong year for fledgling Sliced Investing, an investment platform connecting accredited investors to hedge fund investments: in November the platform closed seed financing of $2 million to develop new funds for investors and accelerate the platform’s growth. Venture capital firms… Read More

February 1, 2014 @ 7:23 am By Charles Luzar  |  

London-based peer lending platform Zopa has closed a £15 million funding round led by Arrowgrass Capital Partners. Augmentum Capital, Wellington Partners and Balderton Capital also took a stake. As part of the deal, Arrowgrass CEO Henry Kenner will receive a seat on the board. Zopa… Read More

October 18, 2013 @ 4:09 pm By Charles Luzar  |  

SEC Chair Mary Jo White addressed a crowd at today’s Managed Funds Association Outlook 2013 Conference in New York City. She spoke at length about the JOBS Act and specifically about Rule 506(c) and general solicitation. It may come as a bit of lip service for… Read More

October 1, 2013 @ 9:55 am By Charles Luzar  |  

For entrepreneurs and investment professionals, opportunity lies where there is access to investors. It is a reality that has paid dividends for AngelList, especially in light of the recent release of AngelList Syndicates. AngelList focused on the network first. Now Title II and general solicitation… Read More

September 24, 2013 @ 10:52 am By Charles Luzar  |  

AngelList has been testing a new feature called AngelList Syndicates. Synidcates allow accredited investors to pool resources, and the syndicator can charge a carry for value adds similar to many hedge funds and VCs. AngelList explains… Here’s an example. Sara decides to invest in a… Read More

May 30, 2013 @ 8:41 am By Slate  |  

The (absurdly named) JOBS (aka Jumpstart Our Business Startups) Act hasn’t really been phased in yet, but when it is it’s going to become a lot easier for vendors of exotic financial products to market themselves loudly and publicly. In principle, for example, you might… Read More

February 4, 2013 @ 4:22 pm By CFO  |  

Like the entrepreneurs on Kickstarter trying to raise money to sell hot-chocolate cubes, cut an album, or manufacture a wireless dive-log device for scuba divers, later-stage private companies may soon be finding investors online. But will crowdfunding for firms that are more established and have… Read More