Monthly Archives: April 2006
Hedge fund seeks to block key Delphi restructuring plans
Fort Worth Star Telegram – A hedge fund run by billionaire investor David Tepper launched a new bid Monday to slow Delphi Corp.’s restructuring plans, asking a judge to bar the company fromjettisoning its labor union agreements and its money-losing […]
A Capital Crowd
BusinessWeek – A kind of high-end investment club, Tiger 21 gives its multimillionaire members a chance to share deals, financial advice, and a few life lessons. Thomas Gallagher shifted uneasily in his seat. He waited for each of the 10 […]
Cerberus To KKR: Eat Our Dust
BusinessWeek – It was an epic showdown between legendary buyout king Henry R. Kravis and New Age hedge fund manager Stephen A. Feinberg — and Feinberg won. On Apr. 3, General Motors Corp. (GM ) announced that it would get […]
CalPERS, CalSTRS launch database
East Bay Business Times – The nation’s two largest public pension funds plan to build a “first-of-its-kind” database of emerging managers and financial service providers. The effort by the California Public Employees’ Retirement System and the California State Teachers’ Retirement […]
The Hedge Fund Report: Trading to a Major Quarter
Street.Com – Hedge fund returns generally outran the broader market last month, and many strategies had similarly strong results for the first quarter as well. “Hedge funds continue to outperform the S&P 500 index, with technology, Asia-Pacific and Europe leading […]
Hedge funds bet on further LSE bids
MSN MoneyCentral – Hedge funds have increased their holdings in the London Stock Exchange in the past week at prices that show they anticipate a higher offer from Nasdaq or another buyer before adeal is consummated. DE Shaw, Halcyon Asset […]
Suisse/Tremont Hedge Fund Index Is Up 1.82% in March
HedgeCo.Net – The Credit Suisse/Tremont Hedge Fund Index is up 1.82% in March and 5.46% in the first quarter ending March 2006, according to Oliver Schupp, President of the Credit Suisse/TremontHedge Fund Index. “The equity market strengthened as a four-year […]
You have met the cowboys, now meet hedge fund organisation man
Financial Times – Meet the new face of the London hedge fund: the organisation man. The old face of the London hedge fund operator might be characterized as the cowboy – the founder who built his firm around his gifts […]
Larry’s list of legal hits
New York Post – Hedge fund guru Lawrence Goldfarb – the man behind a $30 million plan to revive Murder Inc. mogul Irv “Gotti” Lorenzo’s record label – has a past nearly as scandal-prone as hisnew hip-hop counterpart. Goldfarb, who […]
Hedge-like mutual funds to be ranked by Morningstar
Waterbury Republican-American – The hedge-fund industry has achieved considerable success selling investments designed to make money no matter how the stock market fares. So far, the relative handful of mutual funds using hedge-fund strategies has not made market inroads, although […]
Connecticut, home to more than a third of Hedge Funds
Waterbury Republican-American – For now, Bruce McGuire and others in the hedge fund industry can rest easy; their detailed financial information will remain confidential and no anti-fraud unit willsniff around their work anytime soon. A bill recently introduced in the […]
Nottinghill launches hedge fund to gain from growth stocks
Business Courier – It’s not exactly on the cutting edge, but Cincinnati is starting to join the trend of hedge funds popping up like weeds. Anderson Township-based Nottinghill Investment Advisers is at least the third local firm to start a […]
