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Hedge Fund Managers Divert Investor Funds

The SEC brought another action involving a hedge fund and fraud by its managers. Specifically, the Commission alleged in a complaint filed on Tuesday that Juno Mother Earth Asset Management, LLL, a registered investment adviser, Eugenio Verzili, its chief compliance officer, and Arturo Rodrigues...

Hedge Fund Investors Suffer Huge Losses According to SEC

The Commission brought another fraud action centered on losses suffered by investors in two private hedge funds, the RAHFCO Funds L.P. and the RAHFCO Growth Fund LP. After raising over $23 million from about 100 investors between April 2007 and May 2011 the funds devolved into insolvency, leaving...