Sunday, 29 November 2015
Last updated 1 day 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.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…