A London-based hedge fund manager has settled charges from the National Futures Association that it failed to cooperate during an inspection. The NFA charged IKOS Partners , a hedge fund with $2.3 billion in assets under management and Martin Coward , a firm principal, with failure to cooperate fully with examiners and respond in a timely fashion to document requests.
A Georgia-based hedge fund manager is facing criminal charges after prosecutors accused him of defrauding investors in the hedge fund that he ran to the tune of $180 million.
WASHINGTON - Managers of Global Crown Capital LLC concealed double-digit trading losses from investors in a hedge fund they advised, according to proceedings brought Thursday by the Securities and Exchange Commission.
SAN FRANCISCO (MarketWatch) -- The Securities and Exchange Commission on Thursday charged securities broker and investment adviser Global Crown Capital LLC with fraudulently hiding from investors the trading losses of hedge fund Cogent Capital Management.
Yale University pulled out its $500 million investment in the UK-based Children's Investment (TCI) Fund Management LLP, after concerns that the university's position in the hedge fund had grown too large, a newspaper reported Wednesday. The university's $200 million investment more than doubled since January 2004 when Christopher Hohn launched the fund, according to the Wall Street Journal.
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