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	<title>Hedge Fund News From HedgeCo.Net &#187; investment-firm</title>
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	<description>Breaking Hedge Fund News</description>
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		<title>Madoff Brother, Sons Sued by Trustee for $199 Million</title>
		<link>http://www.hedgeco.net/news/10/2009/madoff-brother-sons-sued-by-trustee-for-199-million.html</link>
		<comments>http://www.hedgeco.net/news/10/2009/madoff-brother-sons-sued-by-trustee-for-199-million.html#comments</comments>
		<pubDate>Mon, 05 Oct 2009 12:03:42 +0000</pubDate>
		<dc:creator>Editor</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[bankruptcy-court]]></category>
		<category><![CDATA[bernard madoff]]></category>
		<category><![CDATA[investment-firm]]></category>
		<category><![CDATA[personal bank]]></category>

		<guid isPermaLink="false">http://www.hedgeco.net/news/?p=12331</guid>
		<description><![CDATA[Bloomberg &#8211; Bernard Madoff’s brother, sons and niece were sued by a liquidator over claims they spent $198.7 million of victims’ money and treated the con man’s investment firm as their personal bank. The lawsuit against the brother, Peter Madoff, sons Andrew and Mark Madoff and niece Shana Madoff Swanson, all of whom held positions [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Harbinger to Acquire SkyTerra, Take It Private</title>
		<link>http://www.hedgeco.net/news/09/2009/harbinger-to-acquire-skyterra-take-it-private.html</link>
		<comments>http://www.hedgeco.net/news/09/2009/harbinger-to-acquire-skyterra-take-it-private.html#comments</comments>
		<pubDate>Thu, 24 Sep 2009 10:34:17 +0000</pubDate>
		<dc:creator>Editor</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[investment-firm]]></category>
		<category><![CDATA[private-ownership]]></category>
		<category><![CDATA[shareholder]]></category>

		<guid isPermaLink="false">http://www.hedgeco.net/news/?p=12101</guid>
		<description><![CDATA[The Washingtom Post &#8211; Reston-based satellite firm SkyTerra said Wednesday that it has agreed to be acquired by its biggest shareholder in a roughly $280 million transaction that will return the company to private ownership. Under the deal, New York-based investment firm Harbinger Capital Partners will pay $5 per common share of SkyTerra &#8212; a [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>D.E. Shaw, Hedge Fund Manager, Gets Permit to Operate in Dubai</title>
		<link>http://www.hedgeco.net/news/09/2009/de-shaw-hedge-fund-manager-gets-permit-to-operate-in-dubai.html</link>
		<comments>http://www.hedgeco.net/news/09/2009/de-shaw-hedge-fund-manager-gets-permit-to-operate-in-dubai.html#comments</comments>
		<pubDate>Mon, 14 Sep 2009 10:47:40 +0000</pubDate>
		<dc:creator>Editor</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[financial-services-authority]]></category>
		<category><![CDATA[hedge-fund-manager]]></category>
		<category><![CDATA[international financial centre]]></category>
		<category><![CDATA[investment-firm]]></category>

		<guid isPermaLink="false">http://www.hedgeco.net/news/?p=11847</guid>
		<description><![CDATA[Bloomberg &#8211; D.E. Shaw &#38; Co., the $29 billion investment firm run by David Shaw, said the Dubai Financial Services Authority granted its Middle East unit a license to operate from the Dubai International Financial Centre. The firm aims to build on its public and private investment through regional unit D.E. Shaw &#38; Co. MENA [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Global Climate Change Fund Launch</title>
		<link>http://www.hedgeco.net/news/09/2009/global-climate-change-fund-launch.html</link>
		<comments>http://www.hedgeco.net/news/09/2009/global-climate-change-fund-launch.html#comments</comments>
		<pubDate>Thu, 03 Sep 2009 11:26:20 +0000</pubDate>
		<dc:creator>Editor</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
		<category><![CDATA[alternative investment]]></category>
		<category><![CDATA[carbon economy]]></category>
		<category><![CDATA[chief executive officer]]></category>
		<category><![CDATA[global equity markets]]></category>
		<category><![CDATA[investment experience]]></category>
		<category><![CDATA[investment team]]></category>
		<category><![CDATA[investment-firm]]></category>
		<category><![CDATA[sustainable investment]]></category>

		<guid isPermaLink="false">http://www.hedgeco.net/news/?p=11671</guid>
		<description><![CDATA[West Palm Beach (HedgeCo.net) &#8211; Alternative investment manager and advisor, Climate Change Capital, (CCC) has been appointed to manage a climate change fund for Dublin-domiciled UCITS platform, Russell OpenWorld. The Global Climate Change Fund will be managed by Climate Change Capital&#8217;s Global Equities&#8217; team of Paul Udall and Ronnie Lim. The new fund will invest [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>NewRiver revives suspended IPO at fraction of value</title>
		<link>http://www.hedgeco.net/news/08/2009/newriver-revives-suspended-ipo-at-fraction-of-value.html</link>
		<comments>http://www.hedgeco.net/news/08/2009/newriver-revives-suspended-ipo-at-fraction-of-value.html#comments</comments>
		<pubDate>Tue, 18 Aug 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[alternative-investment-market]]></category>
		<category><![CDATA[capitalisation]]></category>
		<category><![CDATA[channel-islands]]></category>
		<category><![CDATA[investment-firm]]></category>
		<category><![CDATA[london]]></category>
		<category><![CDATA[property investment]]></category>
		<category><![CDATA[reuters]]></category>
		<category><![CDATA[stock exchange]]></category>

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		<description><![CDATA[Reuters &#8211; Opportunistic property investment firm NewRiver Retail said on Monday it would list in September with a capitalisation of 25 million pounds, two months after suspending a planned 250 million pounds float. NewRiver expects its shares to be admitted to London&#8217;s Alternative Investment Market on September 1, it said in a statement. The shares [...]]]></description>
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		</item>
		<item>
		<title>People Moves: Two Hedge Fund Specialists Join Probitas Partners</title>
		<link>http://www.hedgeco.net/news/08/2009/people-moves-two-hedge-fund-specialists-join-probitas-partners.html</link>
		<comments>http://www.hedgeco.net/news/08/2009/people-moves-two-hedge-fund-specialists-join-probitas-partners.html#comments</comments>
		<pubDate>Thu, 13 Aug 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
		<category><![CDATA[accredited-investors]]></category>
		<category><![CDATA[advisory business]]></category>
		<category><![CDATA[alternative investment]]></category>
		<category><![CDATA[fund offerings]]></category>
		<category><![CDATA[global-platform]]></category>
		<category><![CDATA[hausler]]></category>
		<category><![CDATA[industry veterans]]></category>
		<category><![CDATA[investment-firm]]></category>
		<category><![CDATA[james coleman]]></category>
		<category><![CDATA[leading market]]></category>
		<category><![CDATA[limited-partners]]></category>
		<category><![CDATA[liquidity management]]></category>
		<category><![CDATA[london office]]></category>
		<category><![CDATA[partner clients]]></category>
		<category><![CDATA[partner relationships]]></category>
		<category><![CDATA[probitas partners]]></category>
		<category><![CDATA[quality fund]]></category>
		<category><![CDATA[relationship-management]]></category>
		<category><![CDATA[research advice]]></category>
		<category><![CDATA[west palm beach]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[HedgeCo.net (West Palm Beach) &#8211; Hedge Fund veterans James Coleman and Vincent Le Hodey have joined global alternative investment firm Probitas Partners at its London office. &#8220;We are very excited to have James and Vincent join Probitas Partners. They are seasoned industry veterans and well respected in their market.&#34; Greg Hausler, a Founding Partner at [...]]]></description>
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		</item>
		<item>
		<title>Highland Fund Sued by Schulte Roth for $2.83 Million</title>
		<link>http://www.hedgeco.net/news/07/2009/highland-fund-sued-by-schulte-roth-for-283-million.html</link>
		<comments>http://www.hedgeco.net/news/07/2009/highland-fund-sued-by-schulte-roth-for-283-million.html#comments</comments>
		<pubDate>Wed, 29 Jul 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[1-million]]></category>
		<category><![CDATA[amp]]></category>
		<category><![CDATA[attorneys]]></category>
		<category><![CDATA[bloomberg]]></category>
		<category><![CDATA[capital-management]]></category>
		<category><![CDATA[good faith]]></category>
		<category><![CDATA[hedge fund]]></category>
		<category><![CDATA[highland capital management lp]]></category>
		<category><![CDATA[investment-firm]]></category>
		<category><![CDATA[new-york-state]]></category>
		<category><![CDATA[rsquo]]></category>
		<category><![CDATA[schulte roth]]></category>
		<category><![CDATA[unpaid invoices]]></category>
		<category><![CDATA[zabel]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[Bloomberg &#8211; Highland Capital Management LP, the Dallas-based investment firm that&#8217;s liquidating its main hedge fund, was sued by attorneys Schulte Roth and Zabel LLP for allegedly not paying $2.83 million in legal fees. The New York-based law firm initiated a lawsuit in New York state court yesterday, listing what it said were unpaid invoices [...]]]></description>
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		</item>
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		<title>Hedge Fund Veteran Selected for Fund of Funds Investment Committee</title>
		<link>http://www.hedgeco.net/news/06/2009/hedge-fund-veteran-selected-for-fund-of-funds-investment-committee.html</link>
		<comments>http://www.hedgeco.net/news/06/2009/hedge-fund-veteran-selected-for-fund-of-funds-investment-committee.html#comments</comments>
		<pubDate>Mon, 29 Jun 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
		<category><![CDATA[accredited-investors]]></category>
		<category><![CDATA[alternative investment]]></category>
		<category><![CDATA[alternative investments]]></category>
		<category><![CDATA[analyst groups]]></category>
		<category><![CDATA[david smith]]></category>
		<category><![CDATA[director of research]]></category>
		<category><![CDATA[financial risk management]]></category>
		<category><![CDATA[founder david]]></category>
		<category><![CDATA[global recession]]></category>
		<category><![CDATA[hedge fund of funds]]></category>
		<category><![CDATA[investment analyst]]></category>
		<category><![CDATA[investment committee]]></category>
		<category><![CDATA[investment strategies]]></category>
		<category><![CDATA[investment-firm]]></category>
		<category><![CDATA[management committees]]></category>
		<category><![CDATA[management llc]]></category>
		<category><![CDATA[santa monica ca]]></category>
		<category><![CDATA[smith president]]></category>
		<category><![CDATA[wealth of knowledge]]></category>
		<category><![CDATA[west palm beach]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[West Palm Beach (HedgeCo.net) &#8211; Roy H. Callahan has been selected as portfolio manager and member of the investment committee at alternative investment firm, Coast Asset Management, LLC firm&#8217;s , effective June 15. &#34;We are thrilled that Roy Callahan has agreed to rejoin our team,&#34; said David Smith, president of Coast. &#34;Roy brings a wealth [...]]]></description>
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		</item>
		<item>
		<title>Canyon, Citadel Ride Convertibles Resurgence to Recoup Losses</title>
		<link>http://www.hedgeco.net/news/06/2009/canyon-citadel-ride-convertibles-resurgence-to-recoup-losses.html</link>
		<comments>http://www.hedgeco.net/news/06/2009/canyon-citadel-ride-convertibles-resurgence-to-recoup-losses.html#comments</comments>
		<pubDate>Thu, 11 Jun 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[alliance data systems]]></category>
		<category><![CDATA[alliance data systems corp]]></category>
		<category><![CDATA[bets]]></category>
		<category><![CDATA[citadel-investment-group]]></category>
		<category><![CDATA[citadel-investment-group-llc]]></category>
		<category><![CDATA[convertible fund]]></category>
		<category><![CDATA[convertible-bonds]]></category>
		<category><![CDATA[drexel burnham lambert]]></category>
		<category><![CDATA[hedge funds]]></category>
		<category><![CDATA[investment-firm]]></category>
		<category><![CDATA[investors]]></category>
		<category><![CDATA[jetblue airways]]></category>
		<category><![CDATA[jetblue airways corp]]></category>
		<category><![CDATA[raise capital]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[Bloomberg &#8211; Convertible bonds that punished hedge funds in 2008 are driving returns at Canyon Partners and Citadel Investment Group LLC and helping companies from JetBlue Airways Corp. to Alliance Data Systems Corp. raise capital. Canyon, the $14.4 billion investment firm run by former Drexel Burnham Lambert Inc. bankers, gained more than 51 percent in [...]]]></description>
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		</item>
		<item>
		<title>Seattle investment firm Quellos Group expected to be indicted in tax-evasion case Thursday</title>
		<link>http://www.hedgeco.net/news/06/2009/seattle-investment-firm-quellos-group-expected-to-be-indicted-in-tax-evasion-case-thursday.html</link>
		<comments>http://www.hedgeco.net/news/06/2009/seattle-investment-firm-quellos-group-expected-to-be-indicted-in-tax-evasion-case-thursday.html#comments</comments>
		<pubDate>Thu, 04 Jun 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[federal prosecutors]]></category>
		<category><![CDATA[indictments]]></category>
		<category><![CDATA[investment-firm]]></category>
		<category><![CDATA[lawyers]]></category>
		<category><![CDATA[massive tax]]></category>
		<category><![CDATA[offshore tax shelters]]></category>
		<category><![CDATA[permanent subcommittee on investigations]]></category>
		<category><![CDATA[quellos]]></category>
		<category><![CDATA[seattle-times]]></category>
		<category><![CDATA[secrecy]]></category>
		<category><![CDATA[senate permanent subcommittee]]></category>
		<category><![CDATA[senate permanent subcommittee on investigations]]></category>
		<category><![CDATA[tax evasion]]></category>
		<category><![CDATA[tax haven abuses the enablers the tools]]></category>
		<category><![CDATA[u s senate]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[Seattle Times &#8211; Federal prosecutors are expected to unseal indictments Thursday in a massive tax-evasion investigation involving the Seattle investment firm Quellos Group, accusing its officers of operating offshore tax shelters used to hide hundreds of millions of dollars from the government, according to lawyers familiar with the case. Quellos has been under investigation for [...]]]></description>
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		</item>
		<item>
		<title>Third competitor files to take over Asarco</title>
		<link>http://www.hedgeco.net/news/06/2009/third-competitor-files-to-take-over-asarco.html</link>
		<comments>http://www.hedgeco.net/news/06/2009/third-competitor-files-to-take-over-asarco.html#comments</comments>
		<pubDate>Thu, 04 Jun 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[asarco]]></category>
		<category><![CDATA[bankruptcy-court]]></category>
		<category><![CDATA[bondholders]]></category>
		<category><![CDATA[capital one]]></category>
		<category><![CDATA[chapter 11]]></category>
		<category><![CDATA[copper miner]]></category>
		<category><![CDATA[corpus christi texas]]></category>
		<category><![CDATA[creditors]]></category>
		<category><![CDATA[grupo mexico]]></category>
		<category><![CDATA[harbinger]]></category>
		<category><![CDATA[harbinger capital partners]]></category>
		<category><![CDATA[hedge-fund-manager]]></category>
		<category><![CDATA[investment-firm]]></category>
		<category><![CDATA[mumbai india]]></category>
		<category><![CDATA[new-york-city]]></category>
		<category><![CDATA[parent company]]></category>
		<category><![CDATA[reorganization]]></category>
		<category><![CDATA[rsquo]]></category>
		<category><![CDATA[sterlite industries]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[Daily Territorial &#8211; A third offer to take copper miner Asarco out of Chapter 11 was filed last week in U.S. Bankruptcy Court in Corpus Christi, Texas, by New York City-based hedge-fund manager Harbinger Capital Partners. The $500 million reorganization is competing for control of Asarco with plans offered by Sterlite Industries, based in Mumbai, [...]]]></description>
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		<item>
		<title>Barclays sees $50 billion hedge fund inflows this year</title>
		<link>http://www.hedgeco.net/news/06/2009/barclays-sees-50-billion-hedge-fund-inflows-this-year.html</link>
		<comments>http://www.hedgeco.net/news/06/2009/barclays-sees-50-billion-hedge-fund-inflows-this-year.html#comments</comments>
		<pubDate>Wed, 03 Jun 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[boston celtics]]></category>
		<category><![CDATA[boston globe]]></category>
		<category><![CDATA[capital-management]]></category>
		<category><![CDATA[conn]]></category>
		<category><![CDATA[greenwich]]></category>
		<category><![CDATA[hedge-fund-managers]]></category>
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		<category><![CDATA[investor]]></category>
		<category><![CDATA[investors]]></category>
		<category><![CDATA[money]]></category>
		<category><![CDATA[pallotta]]></category>
		<category><![CDATA[tudor investment]]></category>

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		<description><![CDATA[Reuters &#8211; Improving markets and a need to recoup 2008 losses will prompt investors to pour $50 billion (30 billion pounds) into hedge funds this year and slow redemptions, Barclays Capital said in a report on Tuesday. More than 300 investors surveyed by Barclays&#8217; prime brokerage unit reported stashing, on average, 14 percent of their [...]]]></description>
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		<title>Hedge Fund Is Dissolving as It Faces 2nd Inquiry</title>
		<link>http://www.hedgeco.net/news/05/2009/hedge-fund-is-dissolving-as-it-faces-2nd-inquiry.html</link>
		<comments>http://www.hedgeco.net/news/05/2009/hedge-fund-is-dissolving-as-it-faces-2nd-inquiry.html#comments</comments>
		<pubDate>Thu, 28 May 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[arthur]]></category>
		<category><![CDATA[capital-management]]></category>
		<category><![CDATA[decades]]></category>
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		<category><![CDATA[insider trading]]></category>
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		<category><![CDATA[new york times]]></category>
		<category><![CDATA[painful conclusion]]></category>
		<category><![CDATA[stock-picker]]></category>

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		<description><![CDATA[New York Times &#8211; In the rarefied world of hedge funds, he is one of the greats &#8212; a stock-picker who managed to make money, bull market or bear, for more than two decades. But on Wednesday, Arthur J. Samberg told his investors that his long, successful run was over. Mr. Samberg, 68, said he [...]]]></description>
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		<title>Disgraced NY lawmaker joins hedge fund &#8211; report</title>
		<link>http://www.hedgeco.net/news/04/2009/disgraced-ny-lawmaker-joins-hedge-fund-report.html</link>
		<comments>http://www.hedgeco.net/news/04/2009/disgraced-ny-lawmaker-joins-hedge-fund-report.html#comments</comments>
		<pubDate>Fri, 24 Apr 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<description><![CDATA[Reuters &#8211; Vito Fossella, a former U.S. congressman representing sections of New York until a drunk driving conviction last year, has joined controversial hedge fund Superfund Investment Group, the Staten Island Advance reported this week. The community newspaper, citing unnamed sources, said Fossella&#8217;s role at the firm was not known. Superfund officials and Fossella were [...]]]></description>
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		<title>Newedge, Amiri Capital to launch Islamic hedge FoF</title>
		<link>http://www.hedgeco.net/news/03/2009/newedge-amiri-capital-to-launch-islamic-hedge-fof.html</link>
		<comments>http://www.hedgeco.net/news/03/2009/newedge-amiri-capital-to-launch-islamic-hedge-fof.html#comments</comments>
		<pubDate>Tue, 10 Mar 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[amiri]]></category>
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		<description><![CDATA[Reuters &#8211; Amiri Capital, the Islamic asset manager backed by investment firm Olivant, said on Monday it has teamed up with broker Newedge to launch the first Islamic fund of long/short hedge funds marketed in the Middle East. The partnership with Newedge &#8212; itself a joint venture between Calyon and Societe Generale &#8212; allows Amiri [...]]]></description>
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		<title>Mathewson hedge fund profits from ABN takeover</title>
		<link>http://www.hedgeco.net/news/02/2009/mathewson-hedge-fund-profits-from-abn-takeover.html</link>
		<comments>http://www.hedgeco.net/news/02/2009/mathewson-hedge-fund-profits-from-abn-takeover.html#comments</comments>
		<pubDate>Mon, 23 Feb 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[abn amro]]></category>
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		<category><![CDATA[spectacular increase]]></category>
		<category><![CDATA[toscafund]]></category>

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		<description><![CDATA[The Herald &#8211; Toscafund, the hedge fund that was a catalyst for the sale of ABN Amro, made &#163;158m profit in 2007 when Royal Bank of Scotland led the disastrous &#163;49bn acquisition of the Dutch bank. The investment firm, whose holding company is chaired by former Royal Bank chief Sir George Mathewson, enjoyed a spectacular [...]]]></description>
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		<title>SEC enforcement chief Linda Thomsen resigns, replacement not named</title>
		<link>http://www.hedgeco.net/news/02/2009/sec-enforcement-chief-linda-thomsen-resigns-replacement-not-named.html</link>
		<comments>http://www.hedgeco.net/news/02/2009/sec-enforcement-chief-linda-thomsen-resigns-replacement-not-named.html#comments</comments>
		<pubDate>Tue, 10 Feb 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<category><![CDATA[thomsen]]></category>

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		<description><![CDATA[Lethbridge Herald -&#160;The top cop at the U.S. Securities and Exchange Commission is leaving the government less than a week after receiving an angry dressing-down before Congress over the agency&#8217;s failure to detect a massive alleged fraud scheme. The SEC said Monday that Linda Thomsen is leaving to pursue opportunities in the private sector, but [...]]]></description>
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		<item>
		<title>SW1 Capital eyes control of hedge fund platform</title>
		<link>http://www.hedgeco.net/news/01/2009/sw1-capital-eyes-control-of-hedge-fund-platform.html</link>
		<comments>http://www.hedgeco.net/news/01/2009/sw1-capital-eyes-control-of-hedge-fund-platform.html#comments</comments>
		<pubDate>Mon, 26 Jan 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[1-billion]]></category>
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		<category><![CDATA[sw1]]></category>
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		<description><![CDATA[Reuters &#8211; Investment firm SW1 Capital said on Friday it has bought into hedge fund platform PCE Investors and plans to build a controlling stake, cutting private equity firm Ubequity Capital Partners&#8217; own holding. PCE runs $1.6 billion (1.1 billion pounds) in assets and by next month will have 21 funds, run by 15 teams, [...]]]></description>
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		<title>Seven investor group to buy IndyMac at $13.9b</title>
		<link>http://www.hedgeco.net/news/01/2009/seven-investor-group-to-buy-indymac-at-139b.html</link>
		<comments>http://www.hedgeco.net/news/01/2009/seven-investor-group-to-buy-indymac-at-139b.html#comments</comments>
		<pubDate>Mon, 05 Jan 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[bank one]]></category>
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		<category><![CDATA[dell inc]]></category>
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		<category><![CDATA[federal deposit insurance]]></category>
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		<category><![CDATA[george soros]]></category>
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		<category><![CDATA[michael dell]]></category>
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		<category><![CDATA[us housing market]]></category>

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		<description><![CDATA[Saudi Gazette &#8211; A seven-member investor group including billionaire George Soros and Dell Inc. founder Michael Dell have agreed to purchase failed lender IndyMac Bank, one of the largest casualties of the housing bust, for $13.9 billion. IndyMac, which specialized in loans made with little down payment or proof of assets, was seized by the [...]]]></description>
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		<title>Tontine Capital to Start New Hedge Fund After Losses</title>
		<link>http://www.hedgeco.net/news/12/2008/tontine-capital-to-start-new-hedge-fund-after-losses.html</link>
		<comments>http://www.hedgeco.net/news/12/2008/tontine-capital-to-start-new-hedge-fund-after-losses.html#comments</comments>
		<pubDate>Wed, 24 Dec 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Hedge Fund Launches]]></category>
		<category><![CDATA[bloomberg]]></category>
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		<category><![CDATA[greenwich-connecticut]]></category>
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		<category><![CDATA[jeffrey-gendell]]></category>
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		<description><![CDATA[Bloomberg &#8211; Jeffrey Gendell, whose investment firm Tontine Associates LLC is liquidating two hedge funds after losses of more than 60 percent this year, plans to start a new fund in February. The Tontine Total Return Fund will invest in stocks believed to be undervalued and won&#8217;t use borrowed money, Gendell said in a letter [...]]]></description>
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		<title>EDF close to buying half of Constellation</title>
		<link>http://www.hedgeco.net/news/12/2008/edf-close-to-buying-half-of-constellation.html</link>
		<comments>http://www.hedgeco.net/news/12/2008/edf-close-to-buying-half-of-constellation.html#comments</comments>
		<pubDate>Tue, 16 Dec 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Activist Funds]]></category>
		<category><![CDATA[bonus]]></category>
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		<category><![CDATA[less-than-three-years]]></category>

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		<description><![CDATA[Reuters &#8211; Electricite de France SA is close to an agreement to buy half the nuclear power business of Constellation Energy Group Inc (CEG.N) for $4.5 billion, Bloomberg reported, citing people familiar with the situation. Approval by Constellation&#8216;s board, subject to some conditions, may be announced as early as this week, Bloomberg said quoting a [...]]]></description>
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		<title>Hedge Fund Dalton to Start $550 Million Distressed Asset Fund</title>
		<link>http://www.hedgeco.net/news/12/2008/hedge-fund-dalton-to-start-550-million-distressed-asset-fund.html</link>
		<comments>http://www.hedgeco.net/news/12/2008/hedge-fund-dalton-to-start-550-million-distressed-asset-fund.html#comments</comments>
		<pubDate>Mon, 15 Dec 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[abbey]]></category>
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		<description><![CDATA[Bloomberg &#8211; Dalton Investments LLC, the Los Angeles-based hedge fund with 70 percent of its assets in Japan, is starting a 50 billion yen ($550 million) fund that will invest in U.S. distressed assets, taking advantage of low prices. The fund has raised about 10 billion yen from U.S. investors and will begin marketing in [...]]]></description>
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		<title>Connecticut Pension Fund to Enter Hedge Funds After $5 Billion Loss</title>
		<link>http://www.hedgeco.net/news/12/2008/connecticut-pension-fund-to-enter-hedge-funds-after-5-billion-loss.html</link>
		<comments>http://www.hedgeco.net/news/12/2008/connecticut-pension-fund-to-enter-hedge-funds-after-5-billion-loss.html#comments</comments>
		<pubDate>Thu, 11 Dec 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[asian-strategy]]></category>
		<category><![CDATA[chief-executive]]></category>
		<category><![CDATA[collateral]]></category>
		<category><![CDATA[felonies]]></category>
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		<category><![CDATA[market-discipline]]></category>
		<category><![CDATA[spike]]></category>

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		<description><![CDATA[StreetInsider.com &#8211; Connecticut State Treasurer Denise Nappier is moving forward with a plan to invest in hedge funds after losing $5 billion of pension assets this year. Nappier will begin allocating up to 8% of the $20 billion she oversees for public sector employees and teachers into hedge funds after the state&#8217;s investment advisory council [...]]]></description>
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		<title>Hedge-Fund Collectors Browse Colorful Currencies at Lugano Show</title>
		<link>http://www.hedgeco.net/news/12/2008/hedge-fund-collectors-browse-colorful-currencies-at-lugano-show.html</link>
		<comments>http://www.hedgeco.net/news/12/2008/hedge-fund-collectors-browse-colorful-currencies-at-lugano-show.html#comments</comments>
		<pubDate>Thu, 11 Dec 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[bankruptcies]]></category>
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		<category><![CDATA[john-taylor]]></category>
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		<category><![CDATA[north-america-europe]]></category>
		<category><![CDATA[third-party]]></category>

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		<description><![CDATA[Bloomberg &#8211; Switzerland&#8217;s asset managers and private bankers haven&#8217;t drawn much mirth from investing this year, making the timing of the &#8220;Art of Money&#8221; show in Lugano ironic. The exhibition by New York-based artist Jenna Lash features a dozen brightly colored images based on currencies, some so familiar they&#8217;re taken for granted, and others extinct. [...]]]></description>
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		<title>Hedge Fund Adviser Tozai to Close After Redemptions</title>
		<link>http://www.hedgeco.net/news/12/2008/hedge-fund-adviser-tozai-to-close-after-redemptions.html</link>
		<comments>http://www.hedgeco.net/news/12/2008/hedge-fund-adviser-tozai-to-close-after-redemptions.html#comments</comments>
		<pubDate>Tue, 09 Dec 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Closing Hedge Funds]]></category>
		<category><![CDATA[aqr-capital-management]]></category>
		<category><![CDATA[asset-manager]]></category>
		<category><![CDATA[caymans]]></category>
		<category><![CDATA[citadel-investment-group]]></category>
		<category><![CDATA[global-presence]]></category>
		<category><![CDATA[global-stock-markets]]></category>
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		<category><![CDATA[oeh]]></category>
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		<description><![CDATA[Bloomberg &#8211; Tozai Investment Advisory Ltd., a Tokyo-based hedge fund adviser, is closing its business after market losses and investor redemptions cut its funds&#8217; assets to zero from a peak of $70 million, a senior partner said. The Cayman Island-based Trident Pacific Japan Absolute Return Fund, which Tozai advises, was closed last month, Angus McKinnon, [...]]]></description>
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		<title>Och-Ziff Funds Said to Have Eliminated at Least 10 Jobs in Asia</title>
		<link>http://www.hedgeco.net/news/12/2008/och-ziff-funds-said-to-have-eliminated-at-least-10-jobs-in-asia.html</link>
		<comments>http://www.hedgeco.net/news/12/2008/och-ziff-funds-said-to-have-eliminated-at-least-10-jobs-in-asia.html#comments</comments>
		<pubDate>Tue, 09 Dec 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Closing Hedge Funds]]></category>
		<category><![CDATA[accountant]]></category>
		<category><![CDATA[arpad]]></category>
		<category><![CDATA[asset-manager]]></category>
		<category><![CDATA[chief-executive]]></category>
		<category><![CDATA[citadel-investment-group]]></category>
		<category><![CDATA[global-funds]]></category>
		<category><![CDATA[indian-stock-market]]></category>
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		<category><![CDATA[june-14]]></category>
		<category><![CDATA[leon-cooperman]]></category>
		<category><![CDATA[och-ziff-capital-management]]></category>
		<category><![CDATA[oeh]]></category>
		<category><![CDATA[settlement-system]]></category>
		<category><![CDATA[suspensions]]></category>
		<category><![CDATA[tremont-hedge-fund-index]]></category>

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		<description><![CDATA[Bloomberg &#8211; Och-Ziff Capital Management Group LLC, the New York-based hedge-fund manager that went public last year, eliminated at least 10 jobs in Asia, including partner&#160;Raaj Shah, said two people familiar with the matter. The cuts made last week, out of a global workforce of about 460, included employees in the firm&#8217;s credit and distressed- [...]]]></description>
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		</item>
		<item>
		<title>Citadel Cuts Asian Principal Investments, Exits Tokyo</title>
		<link>http://www.hedgeco.net/news/12/2008/citadel-cuts-asian-principal-investments-exits-tokyo.html</link>
		<comments>http://www.hedgeco.net/news/12/2008/citadel-cuts-asian-principal-investments-exits-tokyo.html#comments</comments>
		<pubDate>Mon, 08 Dec 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Closing Hedge Funds]]></category>
		<category><![CDATA[angela-merkel]]></category>
		<category><![CDATA[asset-manager]]></category>
		<category><![CDATA[chief-executive]]></category>
		<category><![CDATA[citadel-investment-group]]></category>
		<category><![CDATA[existing-service]]></category>
		<category><![CDATA[global-stock-markets]]></category>
		<category><![CDATA[investment-firm]]></category>
		<category><![CDATA[john-studzinski]]></category>
		<category><![CDATA[money]]></category>
		<category><![CDATA[nomura-holdings]]></category>
		<category><![CDATA[oeh]]></category>
		<category><![CDATA[person-team]]></category>
		<category><![CDATA[settlement-system]]></category>
		<category><![CDATA[tide]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[Bloomberg &#8211; Citadel Investment Group LLC, the hedge fund manager founded by Kenneth Griffin, will close down its Tokyo office and Asian principal investments operations, cutting more than half of jobs in the region. Citadel will run its remaining Asian operations from Hong Kong in the future after shutting the regional principal team that invests [...]]]></description>
		<wfw:commentRss>http://www.hedgeco.net/news/12/2008/citadel-cuts-asian-principal-investments-exits-tokyo.html/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Hedge Funds Lower Fees, Lengthen Investor Lockups</title>
		<link>http://www.hedgeco.net/news/12/2008/hedge-funds-lower-fees-lengthen-investor-lockups.html</link>
		<comments>http://www.hedgeco.net/news/12/2008/hedge-funds-lower-fees-lengthen-investor-lockups.html#comments</comments>
		<pubDate>Thu, 04 Dec 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[actis]]></category>
		<category><![CDATA[chief-executive]]></category>
		<category><![CDATA[diamond-retailer]]></category>
		<category><![CDATA[distressed-debt]]></category>
		<category><![CDATA[dow-jones]]></category>
		<category><![CDATA[forward-contracts]]></category>
		<category><![CDATA[global-index]]></category>
		<category><![CDATA[housing-market]]></category>
		<category><![CDATA[initial-offering]]></category>
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		<category><![CDATA[lengthy-prison-terms]]></category>
		<category><![CDATA[levies]]></category>
		<category><![CDATA[msci-world-index]]></category>
		<category><![CDATA[pension-funds]]></category>
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		<category><![CDATA[red-tape]]></category>
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		<guid isPermaLink="false"></guid>
		<description><![CDATA[Bloomberg &#8211; Artradis Fund Management Pte, RAB Capital Plc&#8217;s Northwest unit and Cannizaro (Hong Kong) Ltd. are cutting fees and locking up investors&#8217; money for longer in new hedge funds that will buy bonds after prices fell in Asia. Merrill Lynch &#38; Co.&#8217;s prime brokerage unit has been approached by at least eight money managers [...]]]></description>
		<wfw:commentRss>http://www.hedgeco.net/news/12/2008/hedge-funds-lower-fees-lengthen-investor-lockups.html/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>GM, Chrysler considering bankruptcy to get bailout: report</title>
		<link>http://www.hedgeco.net/news/12/2008/gm-chrysler-considering-bankruptcy-to-get-bailout-report.html</link>
		<comments>http://www.hedgeco.net/news/12/2008/gm-chrysler-considering-bankruptcy-to-get-bailout-report.html#comments</comments>
		<pubDate>Thu, 04 Dec 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[amar-gill]]></category>
		<category><![CDATA[auburn-hills-michigan]]></category>
		<category><![CDATA[back-pain]]></category>
		<category><![CDATA[chrysler]]></category>
		<category><![CDATA[csx]]></category>
		<category><![CDATA[dislocations]]></category>
		<category><![CDATA[dphiq-pk]]></category>
		<category><![CDATA[east-coast-routes]]></category>
		<category><![CDATA[economic-crisis]]></category>
		<category><![CDATA[financial-institutions]]></category>
		<category><![CDATA[government-funding]]></category>
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		<category><![CDATA[last-november]]></category>
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		<category><![CDATA[objections]]></category>
		<category><![CDATA[reshuffle]]></category>
		<category><![CDATA[setback]]></category>
		<category><![CDATA[severe-losses]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[Reuters &#8211; General Motors Corp and Chrysler LLC are considering accepting a pre-arranged bankruptcy as the last-resort price of getting a multi billion dollar government bailout, Bloomberg reported, citing a person familiar with internal discussions. In response to automakers&#8217; bailout plea, staff for three members of Congress have asked restructuring experts if a pre-arranged bankruptcy [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>DE Shaw, Farallon Restrict Withdrawals as Fund Freeze Deepens</title>
		<link>http://www.hedgeco.net/news/12/2008/de-shaw-farallon-restrict-withdrawals-as-fund-freeze-deepens.html</link>
		<comments>http://www.hedgeco.net/news/12/2008/de-shaw-farallon-restrict-withdrawals-as-fund-freeze-deepens.html#comments</comments>
		<pubDate>Thu, 04 Dec 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Closing Hedge Funds]]></category>
		<category><![CDATA[asset-allocation-fund]]></category>
		<category><![CDATA[bridgewater-associates]]></category>
		<category><![CDATA[congress]]></category>
		<category><![CDATA[extreme-volatility]]></category>
		<category><![CDATA[failure]]></category>
		<category><![CDATA[felonies]]></category>
		<category><![CDATA[fortress-investment-group]]></category>
		<category><![CDATA[housing-market]]></category>
		<category><![CDATA[investment-firm]]></category>
		<category><![CDATA[losses]]></category>
		<category><![CDATA[multibillion-dollar]]></category>
		<category><![CDATA[newcastle]]></category>
		<category><![CDATA[oeh]]></category>
		<category><![CDATA[orient-express-hotels]]></category>
		<category><![CDATA[stock-market-crash]]></category>
		<category><![CDATA[value-performance]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[Bloomberg &#8211; D.E. Shaw &#38; Co. LP, the investment firm run by David Shaw, and Farallon Capital Management LLC limited withdrawals by clients, joining more than 80 hedge-fund managers to impose restrictions in the past two months. D.E. Shaw, which oversees $36 billion, capped redemptions from its Composite and Oculus funds, said two people familiar [...]]]></description>
		<wfw:commentRss>http://www.hedgeco.net/news/12/2008/de-shaw-farallon-restrict-withdrawals-as-fund-freeze-deepens.html/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Hedge Funds Lower Fees, Lengthen Lockups on New Bond Funds</title>
		<link>http://www.hedgeco.net/news/12/2008/hedge-funds-lower-fees-lengthen-lockups-on-new-bond-funds.html</link>
		<comments>http://www.hedgeco.net/news/12/2008/hedge-funds-lower-fees-lengthen-lockups-on-new-bond-funds.html#comments</comments>
		<pubDate>Wed, 03 Dec 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[actis]]></category>
		<category><![CDATA[chief-executive]]></category>
		<category><![CDATA[diamond-retailer]]></category>
		<category><![CDATA[distressed-debt]]></category>
		<category><![CDATA[domicile]]></category>
		<category><![CDATA[dow-jones]]></category>
		<category><![CDATA[forward-contracts]]></category>
		<category><![CDATA[housing-market]]></category>
		<category><![CDATA[investment-firm]]></category>
		<category><![CDATA[june-14]]></category>
		<category><![CDATA[lengthy-prison-terms]]></category>
		<category><![CDATA[levies]]></category>
		<category><![CDATA[medallion]]></category>
		<category><![CDATA[newcastle]]></category>
		<category><![CDATA[pergam-finance]]></category>
		<category><![CDATA[red-tape]]></category>
		<category><![CDATA[solace]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[Bloomberg &#8211; Artradis Fund Management Pte, RAB Capital Plc&#8217;s Northwest unit and&#160;Cannizaro (Hong Kong) Ltd.&#160;are cutting fees and locking up investors&#8217; money for longer in new hedge funds that will buy bonds after prices fell in Asia. Merrill Lynch &#38; Co.&#8217;s prime brokerage unit has been approached by at least eight money managers about starting [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Redemptions Halted by one of the Worlds Largest Hedge Funds</title>
		<link>http://www.hedgeco.net/news/12/2008/redemptions-halted-by-one-of-the-worlds-largest-hedge-funds.html</link>
		<comments>http://www.hedgeco.net/news/12/2008/redemptions-halted-by-one-of-the-worlds-largest-hedge-funds.html#comments</comments>
		<pubDate>Tue, 02 Dec 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
		<category><![CDATA[50-million]]></category>
		<category><![CDATA[altar-rock]]></category>
		<category><![CDATA[boston]]></category>
		<category><![CDATA[bridgewater-associates]]></category>
		<category><![CDATA[downside]]></category>
		<category><![CDATA[emerging-market]]></category>
		<category><![CDATA[extensive-network]]></category>
		<category><![CDATA[felonies]]></category>
		<category><![CDATA[global-wealth]]></category>
		<category><![CDATA[investment-firm]]></category>
		<category><![CDATA[losses]]></category>
		<category><![CDATA[prison-term]]></category>
		<category><![CDATA[stock-market-crash]]></category>
		<category><![CDATA[when-retirees]]></category>
		<category><![CDATA[wolver]]></category>
		<category><![CDATA[yale]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[West Palm Beach (HedgeCo.net) &#8211; One of the world&#8217;s largest hedge funds has temporarily halted redemptions according to reports. Tudor Investment Corp&#8217;s flagship portfolio, has been reported to have halted redemptions so they can segregate difficult-to-sell assets in the fund from those they can offload more easily. Bloomberg reports that the move was made by [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Tudor&#8217;s BVI Suspends Withdrawals, Plans Split Into Two Funds</title>
		<link>http://www.hedgeco.net/news/12/2008/tudors-bvi-suspends-withdrawals-plans-split-into-two-funds.html</link>
		<comments>http://www.hedgeco.net/news/12/2008/tudors-bvi-suspends-withdrawals-plans-split-into-two-funds.html#comments</comments>
		<pubDate>Mon, 01 Dec 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[base-metals]]></category>
		<category><![CDATA[brevan-howard]]></category>
		<category><![CDATA[bridgewater-associates]]></category>
		<category><![CDATA[downside]]></category>
		<category><![CDATA[investment-firm]]></category>
		<category><![CDATA[john-taylor]]></category>
		<category><![CDATA[losses]]></category>
		<category><![CDATA[msci-europe-index]]></category>
		<category><![CDATA[proceeds]]></category>
		<category><![CDATA[quality-tax]]></category>
		<category><![CDATA[quarterly-survey]]></category>
		<category><![CDATA[risk]]></category>
		<category><![CDATA[sessions]]></category>
		<category><![CDATA[shanghai-composite]]></category>
		<category><![CDATA[stock-market-crash]]></category>
		<category><![CDATA[value-performance]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[Bloomberg &#8211; Tudor Investment Corp., the firm run by Paul Tudor Jones, temporarily suspended redemptions from the $10 billion BVI Global Fund Ltd. as it splits the hedge fund into two, according to a person familiar with the matter. Tudor is planning to put hard-to-sell investments, mostly corporate bonds and loans from emerging markets, into [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Satellite Halts Hedge Fund Withdrawals, Fires 30 After Losses</title>
		<link>http://www.hedgeco.net/news/11/2008/satellite-halts-hedge-fund-withdrawals-fires-30-after-losses.html</link>
		<comments>http://www.hedgeco.net/news/11/2008/satellite-halts-hedge-fund-withdrawals-fires-30-after-losses.html#comments</comments>
		<pubDate>Thu, 27 Nov 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[bad-news]]></category>
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		<category><![CDATA[henry-m-paulson]]></category>
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		<category><![CDATA[losses]]></category>
		<category><![CDATA[money]]></category>
		<category><![CDATA[oeh]]></category>
		<category><![CDATA[papua-new-guinea]]></category>
		<category><![CDATA[repercussions]]></category>
		<category><![CDATA[some-heavy-hitters]]></category>
		<category><![CDATA[warren-buffett]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[Bloomberg &#8211; Satellite Asset Management LP, founded by former employees of billionaire George Soros, stopped client withdrawals from its three largest hedge funds and eliminated more than 30 jobs after losses reduced the firm&#8217;s assets to about $4 billion this year. Satellite Overseas Fund Ltd., Satellite Fund II LP and Satellite Credit Opportunities Ltd. have [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Perot&#8217;s Parkcentral Fund Closes as Credit Freezes</title>
		<link>http://www.hedgeco.net/news/11/2008/perots-parkcentral-fund-closes-as-credit-freezes.html</link>
		<comments>http://www.hedgeco.net/news/11/2008/perots-parkcentral-fund-closes-as-credit-freezes.html#comments</comments>
		<pubDate>Wed, 26 Nov 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[alum]]></category>
		<category><![CDATA[car-manufacturers]]></category>
		<category><![CDATA[chief-executive]]></category>
		<category><![CDATA[december-31]]></category>
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		<category><![CDATA[investment-firm]]></category>
		<category><![CDATA[last-november]]></category>
		<category><![CDATA[legal-actions]]></category>
		<category><![CDATA[losses]]></category>
		<category><![CDATA[medallion]]></category>
		<category><![CDATA[money-managers]]></category>
		<category><![CDATA[multibillion-dollar]]></category>
		<category><![CDATA[third-party]]></category>
		<category><![CDATA[top-film]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[Bloomberg &#8211; Parkcentral Capital Management LP, an investment firm that manages money for the family of former U.S. presidential candidate H. Ross Perot, is liquidating a fixed-income hedge fund because it&#8217;s &#8220;no longer viable.&#8221; Parkcentral Global Hub Ltd.&#8217;s assets fell as much as 40 percent to $1.5 billion this year through October. The fund is [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Ritchie Funds Sued by Barclays Over Hidden Petters Group Stake</title>
		<link>http://www.hedgeco.net/news/11/2008/ritchie-funds-sued-by-barclays-over-hidden-petters-group-stake.html</link>
		<comments>http://www.hedgeco.net/news/11/2008/ritchie-funds-sued-by-barclays-over-hidden-petters-group-stake.html#comments</comments>
		<pubDate>Thu, 20 Nov 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[30-million]]></category>
		<category><![CDATA[6-million]]></category>
		<category><![CDATA[disagreements]]></category>
		<category><![CDATA[fbi-raid]]></category>
		<category><![CDATA[investigations]]></category>
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		<category><![CDATA[medallion]]></category>
		<category><![CDATA[midst]]></category>
		<category><![CDATA[morning-herald]]></category>
		<category><![CDATA[personal-reasons]]></category>
		<category><![CDATA[politicians]]></category>
		<category><![CDATA[proceeds]]></category>
		<category><![CDATA[publishing-company]]></category>
		<category><![CDATA[wednesday-night]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[Bloomberg &#8211; Ritchie Capital Management and Thane Ritchie, the hedge fund manager&#8217;s principal, were sued by Barclays Bank Plc over accusations they concealed more than $150 million in investments made in the collapsed Petters Group Worldwide LLC and affiliates. Now bankrupt, Petters Group, based in Minnetonka, Minnesota, was raided in September by FBI agents acting [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>JO Hambro Shuts Hedge Fund After VW-Porsche Trade</title>
		<link>http://www.hedgeco.net/news/11/2008/jo-hambro-shuts-hedge-fund-after-vw-porsche-trade.html</link>
		<comments>http://www.hedgeco.net/news/11/2008/jo-hambro-shuts-hedge-fund-after-vw-porsche-trade.html#comments</comments>
		<pubDate>Thu, 20 Nov 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[bp-plc]]></category>
		<category><![CDATA[cap-funds]]></category>
		<category><![CDATA[cash-flow]]></category>
		<category><![CDATA[finance]]></category>
		<category><![CDATA[houlihan-lockey]]></category>
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		<category><![CDATA[lng]]></category>
		<category><![CDATA[losses]]></category>
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		<category><![CDATA[private-enterprise]]></category>
		<category><![CDATA[steep-rise]]></category>

		<guid isPermaLink="false"></guid>
		<description><![CDATA[Bloomberg &#8211; JO Hambro Capital Management Ltd., which oversees about $3.5 billion of assets, will close one of its two hedge funds partly because a bet against Volkswagen AG shares backfired, people familiar with the situation said. The $240 million Trident European Fund dropped 25 percent in October, its worst month since starting a decade [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>BNP Paribas Wins Prime Brokerage Business With Hedge Fund CQS</title>
		<link>http://www.hedgeco.net/news/11/2008/bnp-paribas-wins-prime-brokerage-business-with-hedge-fund-cqs.html</link>
		<comments>http://www.hedgeco.net/news/11/2008/bnp-paribas-wins-prime-brokerage-business-with-hedge-fund-cqs.html#comments</comments>
		<pubDate>Tue, 18 Nov 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[backlash]]></category>
		<category><![CDATA[bank-for-international-settlements]]></category>
		<category><![CDATA[brokerage-operations]]></category>
		<category><![CDATA[domicile]]></category>
		<category><![CDATA[finance]]></category>
		<category><![CDATA[global-equities]]></category>
		<category><![CDATA[handful]]></category>
		<category><![CDATA[investment-firm]]></category>
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		<category><![CDATA[lengthy-prison-terms]]></category>
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		<guid isPermaLink="false"></guid>
		<description><![CDATA[Bloomberg &#8211; BNP Paribas SA, France&#8217;s biggest bank, won prime brokerage business in Asia with hedge fund CQS (U.K.) LLP as it seeks to lure clients in the region from rivals. The new contract with CQS, a London-based hedge fund manager that has an office in Hong Kong and oversees about $7.5 billion, adds to [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>PXP Vietnam to Start Hedge Fund, Bets on Stock Market Recovery</title>
		<link>http://www.hedgeco.net/news/11/2008/pxp-vietnam-to-start-hedge-fund-bets-on-stock-market-recovery.html</link>
		<comments>http://www.hedgeco.net/news/11/2008/pxp-vietnam-to-start-hedge-fund-bets-on-stock-market-recovery.html#comments</comments>
		<pubDate>Mon, 10 Nov 2008 00:00:00 +0000</pubDate>
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		<description><![CDATA[Bloomberg &#8211; PXP Vietnam Asset Management, which oversees $225 million, plans to start a hedge fund by early next year as it seeks bargains in Asia&#8217;s second-worst-performing stock market, said co-founder Kevin Snowball. The PXP Vietnam Value Fund will raise as much as $200 million to invest in undervalued stocks, Snowball said today. PXP, the [...]]]></description>
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		<title>Mizuho Said to Hire Ex-Lehman Electronic Trading Team</title>
		<link>http://www.hedgeco.net/news/11/2008/mizuho-said-to-hire-ex-lehman-electronic-trading-team.html</link>
		<comments>http://www.hedgeco.net/news/11/2008/mizuho-said-to-hire-ex-lehman-electronic-trading-team.html#comments</comments>
		<pubDate>Mon, 10 Nov 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
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		<description><![CDATA[Bloomberg &#8211; Mizuho Financial Group Inc., Japan&#8217;s second-largest bank by revenue, will start electronic trading in Asia after hiring a team of 16 former Lehman Brothers Holdings Inc. employees, two executives familiar with the plan said. The team, led by Anthony Brooker, the former head of electronic trading sales for Lehman in Asia, will target [...]]]></description>
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