Tag Archives: gores-group


What Can Hedge Funds Expect from President Obama?

New York Times Blogs – After pouring money into Barack Obama’s campaign, what can hedge funds and their executives expect from the new president? If history is any exmaple, says FINAlternatives, they shouldn’t expect a cuddly relationship. Mr. Obama didn’t […]

White House Inaction on Rules For Hedge Funds Is Criticized

Washington Post – The Bush administration’s decision to drop proposed money-laundering rules for hedge funds is "inexplicable, ill-timed and unwise," Sen. Carl M. Levin (D-Mich.) said yesterday. Hedge funds, private investment pools whose investors are often wealthy individuals, have drawn […]

A Hedge Fund Like No Other

Washington Post – Given the panic in Washington over the financial markets, it is virtually certain that Congress will soon pass some form of the bailout plan the Treasury put forward last week. This is not an ideal proposal, particularly […]

Activist American hedge fund eyes Sky stake in ITV

Times Online- An activist American hedge fund has drawn up detailed plans to buy BSkyB’s 17.9% stake in ITV. Silver Point Capital, an American fund that specialises in distressed assets, has held talks with investment bankers who could assist with […]

British hedge fund accepts Japan order

MSN MoneyCentral- A British hedge fund said Monday it will accept the Japanese government’s rejection of its proposal to raise its stake in a major utility — although it added that it still doesn’t agree with the reasoning behind the […]

J-Power Wins Shareholder Vote on Payout, Defeats TCI

Bloomberg- J-Power shareholders defeated a proposal by U.K. hedge fund TCI for the company to double its dividend, ending a monthlong proxy battle and sending the stock to its biggest decline since February. Shareholders of Electric Power Development Co., the […]

Proxy advisory firm backs hedge funds’ nominees for CSX board

Bizjourmals.com- The country’s largest proxy advisory company recommended the election of four of the five board members nominated by hedge funds engaged in a proxy contest with CSX Corp. The Children’s Investment Fund Management LLP and 3G Capital Partners Ltd. […]

Conseco rejects hedge fund proposal

Reuters – Conseco Inc on Thursday rejected hedge fund Steel Partners’ request to raise its shareholding in the insurance company to as much as 22 percent, saying the proposal could reduce its "financial flexibility." Conseco told Steel Partners in a […]

Germany in call for ban on oil speculation

Daily Telegraph- German leaders are to propose a worldwide ban on oil trading by speculators, blaming the latest spike in crude prices on manipulation by hedge funds. It is the most drastic proposal to date amid escalating calls from Europe, […]

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