Thursday, 18 December 2014
Last updated 14 hours ago
Aug 25 2010 | 1:49pm ET
The Securities and Exchange Commission has sought—and received—information from a New Jersey hedge fund that specializes in private investments in public equities.
Yorkville Advisors told investors that it had complied with the regulator’s request. The 2009 audited financial statements for the Jersey City firm’s flagship hedge fund said the SEC asked it to “supply certain information” last August, but did not indicate what information the regulator sought or what the SEC was investigating, if anything. Yorkville, which says it manages $864 million, attributed the SEC request to increasing regulation and oversight of hedge funds, Forbes reports.
The YA Global Investments fund—formerly called Cornell Capital Partners—reported returns of 6.04% last year and 6.22% in 2008.
Yorkville also cancelled a conference call about its financial statements, scheduled for yesterday.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.