HedgeFundBlogger.com Daily Newsletter by Richard Wilson

HedgeFundBlogger.com Daily Newsletter by Richard Wilson

Link to HedgeFundBlogger.com by Richard Wilson

Hedge Funds 40 Under 40

Posted: 15 May 2011 10:10 PM PDT

Hedge Funds 40 Under 40

Financial News Releases Latest 40 Under 40 Rising Stars

Financial News has released its annual ranking of young up-and-coming hedge fund professionals, the FN 40 Under 40 Rising Stars. A new generation of hedge fund managers has emerged in the wake of the recession and recovery.
The 40 listed here say they have learnt lessons from the financial crisis and many are applying them to new ventures. Fifteen of the 40 have taken advantage of an improved environment for start-ups by striking out on their own and launching new funds, although fundraising is still tough.

This list is not confined to money managers; it includes individuals from the operational and strategic side of the business, marketers, fundraisers, investors, consultants, researchers, prime brokers and even a lawyer.

The list reflects the industry's shift towards lobbying regulators and preparing for rule changes, including the winding down of banks' proprietary trading businesses to comply with the Volcker rule. See the list.

Related to: Hedge Funds 40 Under 40

Tags: Hedge Funds 40 Under 40, 40 Under 40, Forty Under Forty, Forty under Forty Rising Stars, 40 under 40 rising stars, hedge funds

Hedge Funds Investment Banks

Posted: 15 May 2011 09:59 PM PDT

Hedge Funds Investment Banks

Top Hedge Funds Get a Peek from Investment Banks

Investment banks are increasing their efforts to attract hedge fund clients, but one practice may draw the ire of regulators and some banks. The practice of giving top hedge fund clients select access to senior deal makers and corporate executives is not new but it is now attracting attention from lawmakers and others.
The lunch meeting casts a spotlight on a practice that has long occurred in the shadows of Wall Street and the City of London—but which is now causing concern among regulators and some banks.

Investment banks vie for business from elite hedge funds by offering traders at those funds special access to senior deal makers and corporate executives at dinners and other gatherings. The traders sometimes pick up valuable nuggets of information that aren't available to other investors, according to people who have attended such gatherings.

The meetings are held by many of the world's largest investment banks for their hedge-fund clients. The funds are prized clients because they collectively pay billions of dollars in fees each year for buying and selling stocks. Banks including Bank of America Corp., Barclays PLC, Citigroup Inc., Credit Suisse Group AG, J.P. Morgan, Morgan Stanley, UBS AG and Scotiabank host the gatherings, generally several times a year or more, according to traders, bankers and brokers. Source

Related to: Hedge Funds Investment Banks

Tags: Hedge Funds Investment Bank, Hedge Funds Investment Banks, Hedge Funds Banks, Hedge Funds Investment Banks Clients, Hedge Funds Investment Banks Services

Information Sharing Copyright © 2011