Hedge Fund Archives - Compliancex

Morgan Stanley is cutting ties with hedge fund manager Crispin Odey after a bombshell reports full of new sexual assault allegations

Jack J. Kelly Hedge Fund, Sexual Misconduct June 8, 2023

The City of London started distancing itself from hedge fund manager Crispin Odey hours after the publication of fresh allegations of sexual assault against women over several decades. Morgan Stanley has begun the process of terminating its prime brokerage relationship with his namesake firm, Odey ...Read More

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SEC Files Emergency Action Against BKCoin for Running $100M ‘Ponzi-Like’ Scheme

Jack J. Kelly Assets, Cryptocurrency, Hedge Fund, Ponzi Scheme March 8, 2023

The U.S. Securities and Exchange Commission (SEC) was granted emergency relief by a Florida court on Monday to freeze and appoint a receiver for the assets of Miami-based crypto hedge fund BKCoin and one of its co-founders, Kevin Kang. According to regulators, BKCoin and Kang raised ...Read More

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Billionaire Dan Och Slammed by Hedge Fund for ‘Mismanagement’

Jack J. Kelly Bribery, Hedge Fund, Scandal October 24, 2022

The hedge fund firm formerly known as Och-Ziff “deteriorated” under the “mismanagement” of its founder Daniel Och, forcing those who succeeded him to spend years stabilizing the Wall Street firm, the company said in court filings. Och’s handling of a 2016 African bribery scandal ...Read More

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Bridgewater Associates founder surrenders control of the firm

Jack J. Kelly Hedge Fund October 5, 2022

Billionaire investor Ray Dalio announced Tuesday that he is giving up control of Bridgewater Associates, the world’s largest hedge fund. Why it matters: This is the final step in Dalio relieving control of the firm he founded, transitioning $150 billion in assets to the next generation of leaders. ...Read More

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