May 06, 2015
A Connecticut federal judge sentenced New Stream Capital LLC principal Bart Gutekunst to 30 months in prison Wednesday, one day after hitting principal David Bryson with a 33-month sentence, both for defrauding the now-bankrupt hedge fund's investors out of $46 million and collecting $5 million each in fees.
May 23, 2014
The top brass at bankrupt hedge fund New Stream Capital LLC on Wednesday pled guilty to conspiring to deceive investors by misrepresenting the finance structure of the now-defunct firm.
October 31, 2013
The U.S. government returned fire Wednesday against moves by top brass at bankrupt hedge fund New Stream Capital LLC to throw out a 19-count indictment alleging securities fraud and other offenses, arguing that the charging document contains sufficient detail to survive a challenge to dismiss.