Rajaratnam Says Government Case Against His Hedge Fund Is Unconstitutional
New York (HedgeCo.net) - The billionaire hedge fund manager is arguing that authorities violated his constitutional rights by taping telephone conversations between Rajaratnam and his clients, the Wall Street Journal reports.Hedge fund managers and stock traders have been closely following the Government's case, as wiretapping is a common tactic for investigations into organized crime, terrorism, and drug running. This case is the first insider-trading prosecution based on Government wiretaps.The Wall street Journal reported that Rajaratna

Returning To Sweden
Wow, Cortney writes good article here on the integration of foreign Swedes back into their roots. Tough stuff!Moving to Sweden from the U.S. or England poses no great threat to security and future employment in the long run, according to international recruitment companies, in fact it makes a statement of individuality. However, it may play havoc on one's emotional stability - when one comes to realise how different one is from a 'typisk' Swede. I have only been here since 2005, yet, personally, I think the pay distinctions between genders is off-kilter for a forward-thinking s

Asia Private Equity Hedge Funds To Recieve $200 Million From Texas Retirement Fund
New York (HedgeCo.net) – The seventh-largest U.S. public pension fund is reported to be investing $200 million in Asia private equity hedge funds. Bloomberg reported this morning that the Teachers Retirement System of Texas fund has assigned $100 million each to hedge fund firms Squadron Capital and Morgan Creek Capital Management LLC to help it invest with private-equity firms that focus on emerging markets. According to the Asian Venture Capital Journal, Asia private-equity investments in have reached $25 billion s

Insparo Expands Africa Emerging Markets Fund
UK-based emerging markets hedge fund firm, Insparo Asset Management has expanded their Africa & Middle East Fund with the appointment of Jamie Allsopp.Jamie has a strong background in fund management and African markets, garnered during eight years with New Star Asset Management. Jamie joined New Star in 2001 as an equity analyst. Over the next five years, Jamie served as portfolio manager to two of New Star’s high profile funds. Part of his responsibility in this role was marketing the fund to a cross-section of international investors.In 2007, Jamie launched the New Star Heart of Africa Fund, which invested in Sub Saharan equities. As portfolio manager of t

Financial Regulatory Reform: A New Foundation
I. PROMOTE ROBUST SUPERVISION AND REGULATION OF FINANCIAL FIRMSA. Create a Financial Services Oversight Council1. We propose the creation of a Financial Services Oversight Council to facilitate information sharing and coordination, identify emerging risks, advise the Federal Reserve on the identification of firms whose failure could pose a threat to financial stability due to their combination of size, leverage, and interconnectedness (hereafter referred to as a Tier 1 FHC), and provide a forum for resolving jurisdictional disputes between regulators.a. The membership of the Council should include(i) the Secretary of the Tr