Tag Archives: industry-group


HSBC to Stop Structured Financing for Fund Investors

Bloomberg – HSBC Holdings Plc’s U.S. securities division will no longer extend structured financing to hedge- fund investors to leverage their investments, according to people familiar with the company’s plans. The bank is halting the financing by its structured-funds products […]

Global hedge funds back U.S. oversight of advisers

Reuters – A global hedge fund industry group backs U.S. plans to require hedge fund advisers to register with federal regulators, a move that would align U.S. rules with those in the UK. The Alternative Investment Management Association, in remarks […]

Africa Roundtable Hedge Fund Update

West Palm Beach (HedgeCo.net) – The Opalesque South Africa Roundtable was held November 10th 2008 in their Cape Town Office. There, the participants also discussed the particularities of investing in Africa (ex-South Africa). South Africa’s equity and fixed income markets displayed […]

Shariah energy fund sees scope to reach $500 mln

Reuters Dubai – The outlook for investments in the oil and gas industry remains healthy as demand growth from emerging economies is expected to recover, a co-manager of a shariah compliant oil and gas hedge fund said. "There is constant […]

From Private Equity Prop to Private Equity Drag

Seeking Alpha – I’m lucky to count among my friends Charlie Michaels, owner of hedge fund company Sierra Global and portfolio manager of the Sierra Europe Fund. Charlie is among the few hedge fund managers sitting on a gain so […]

New York Hedge Fund Fails to Gain Seats on Board

New York (HedgeCo.Net) – New York hedge fund Elliott International’s quest to place two members of its team on the board of New Zealand-based Telecom has officially come to an end when they failed to win the bid at the […]

Turnberry Hedge Fund to Liquidate

New York (HedgeCo.Net) – Turnberry Capital Management LP has decided to close its doors and liquidate its assets, after many investors inquired about getting their money back.  The hedge fund, which specializes in purchasing distressed debt, once held approximately $800 […]

Hedge Funds First to Adopt iPhone Applications for Capital Markets

Wall Street & Technology – Now that Apple has improved security and enterprise connectivity capabilities for the iPhone 3G, industry specific applications are starting to emerge. One of the first iPhone applications for the securities industry is a tool that […]

$100 Million Legacy Africa Alpha Fund Launched By Bank & Hedge Fund Duo

West Palm Beach (HedgeCo.Net)- Florida based hedge fund manager INTL Consilium LLC and First City Monument Bank Plc have jointly launched the Legacy Africa Alpha Fund, a $100 million hedge fund investing in Africa and the Middle East. "The new […]

Service Corp. Lures Hedge Fund Bets on Boomer Deaths

Bloomberg- Service Corp. International, the biggest U.S. funeral-home and cemetery owner, is becoming a magnet for hedge funds which see the rising death rate among Baby Boomers as the surest way to resurrect the company’s shares. Steven Cohen’s SAC Capital […]

Well-known lawyer joins ex-Bear manager

Reuters- Veteran U.S. lawyer Brendan Sullivan is joining the defense team of indicted former Bear Stearns hedge fund manager Ralph Cioffi, a person close to the matter said on Tuesday. Sullivan, a trial attorney who has represented high-profile clients including […]

Goldman’s $100 Million Man Walks

The Money Times- A $100 million here, a $100 million there, and pretty soon you’re talking about real compensation. U.K.-based hedge fund manager GLG Partners (NYSE: GLG) announced today that it has hired Goldman Sachs (NYSE: GS) partner Driss Ben-Brahim. […]

Related Posts Plugin for WordPress, Blogger...