Visium Liquidates Fund, Sells Another to AllianceBernstein Wall Street Journal.
As far as financial returns go, 2016 was actually pretty good for hedge funds—at least compared to the last couple of years. But several of the industry's bigwigs still took it on the chin this year. After losing money last year, hedge funds are on.
NEW YORK, Jan 19 (Reuters) - A former portfolio manager at Visium Asset Management LP was convicted of securities ... where his boss thought he did a poor job and where Gottlieb was in the midst of divorcing Lumiere's sister. "Stefan Lumiere had no motive.
He also described Vogtle as “the foundational project” in efforts between the U.S. and Japan to cooperate on energy and infrastructure and said it serves as “the greatest example” of President Donald Trump's promise to create jobs and promote.
The healthcare-focused Visium Balanced Fund fell 10.18% during that time, according to performance estimates viewed by Business Insider. That's a drop from last month, as the fund had been down 9.3% through May. Visium's global fund, which it sold last .
Mismarking fraud was at the center of a case against fund managers at Visium Asset Management LP. Jurors returned a guilty verdict this year against one of its portfolio managers in just 90 minutes. Prosecutors have also brought charges over another .
Many senior employees left last year, but more recently headcount has been growing. It also hired Ralph Courtney, a former prop trader at J.P. Morgan who was most recently a portfolio manager at Visium Asset Management , in March. He joined as a.
A manager at a one-time $8 billion hedge fund has been reportedly found guilty of securities fraud Business Insider.
Law360, New York (June 14, 2017, 4:10 PM EDT) -- A former analyst and portfolio manager at Visium Capital Management LP accused of scheming to overvalue a $480 million health care sector fund was sentenced Wednesday to one and a half years in prison by.
While at Visium Asset Management , he was accused of making $25 million fraudulently by receiving advance intel about FDA approval of generic drug applications. The estate, at 493 Parsonage Lane in Sagaponack, is a shingle-style, 8,000-square-foot, .
Manhattan/New York: Visium Asset Management’s pipeline of profits led directly to ... sharing confidences about their careers, families, relationships and plans for the future, Johnston admitted in his guilty plea on 13 June. After Valvani hired him.