HedgeCo.Net Columnists
Aaron Wormus is the managing director of HedgeCo Networks, and part-time financial and technology blogger for Wormus.com.
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Alex Akesson is the author of Hedgefunds-Weblog.com, providing breaking news and interviews for the hedge fund industry.
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Peter J. de Marigny is Portfolio Manager of DITMo® Strategies, an Equity Hedge, Aggressive-Income Objective, Buy/Write Portfolio for an Aggressive-Income Objective used as an Enhanced Cash investment vehicle. Pj is also Head of Risk Alternative Strategies for Newport Beach, CA advisor Renovatio Asset Management. » View Peter J. de Marigny
Ryan Conner is Principal at HedgeCo Securities. As an experienced industry veteran, Ryan Conner offers his opinions on the hedge fund industry and hedge fund strategies.
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Rashida Fleet is involved with consulting and working with managers during the fund launch phase. Her work includes; interviewing managers, collecting information for the HedgeCo database and contributing to the HedgeCo News feed.
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Tim Seymour is co-founder and managing partner of Red Star Asset Management, as well as Chief Operating Officer of the $116 million Red Star Double Alpha Fund.
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Richard Heller Richard Heller is a partner at the New York City law firm of Thompson Hine LLP. His experience is in the formation of private offerings for hedge funds as well as the formation of registered broker-dealers and RIAs.
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Bret Rosenthal Principal of RCM, LLC, and founding partner of the Fortune's Favor Family of Funds.
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Cameron Hight, CFA, is an investment industry veteran with experience from both buy and sell-side firms, including CIBC, DLJ, Lehman Brothers and Afton Capital. He is currently the Founder and President of Alpha Theory™, a Portfolio Management Platform designed to give fundamental money managers the ability to create their own repeatable discipline to organize the complex process of portfolio management.
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    Colony Capital (owners of Michael Jackson’s Neverland) to IPO

    Posted By Aaron Wormus, July 1st, 2009 : Permalink

    Market Watch, with the help of regulatory filings has released an article which indicates that Colony Capital is raising money for an upcoming IPO:

    Colony Financial Inc. will be a real estate investment trust managed by a subsidiary of Colony Capital. The new REIT plans to mainly buy, originate and manage commercial mortgage loans and other commercial real estate-related debt investments such as commercial mortgage-backed securities, the company said.

    Despite it’s impressive 18-year track record, Colony capital may be best known for its 2008 purchase of the Neverland Ranch from Michael Jackson. The property was bought by Michael Jackson for a total of $22.5 Million.

    In reaction to Michael Jackson’s death & the future of the Neverland Ranch, MarketWatch quotes Thomas Barrack, founder of Colony Capital saying:

    “We are deeply saddened by yesterday’s tragic news about Michael Jackson,” Barrack said in a statement on Colony’s Web site after Jackson passed away last week. “Over the last year, I have had the opportunity to know and work with this gentle and talented man. We were pleased to help support his return to public life through our acquisition of Neverland Ranch.”

    “Neverland itself is now a mythical sanctuary to Michael and we are doing our best to accommodate the throngs of global press and fans arriving there to express their grief,” Barrack added.

    Read the full story here.


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    1. July 1st, 2009
      3:33 pm

      Michael should be buried at Neverland and turn it into a “Graceland” for Michael. Turn the house into a MJ museum. It would be wrong not to push for a quick exemption. That is ridiculous.

      thank you.
      - Comment by M.Major



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