Tag Archives: joint-venture


Pucci, Credaris Veteran, Starts $100 Million Credit Hedge Fund

Bloomberg – Gennaro Pucci, formerly head of trading at credit manager Credaris, has started a $100 million hedge fund that will trade mostly European corporate debt, credit derivatives and asset-backed securities. Christian Evans and Rachel Barnard, both formerly at UBS […]

Cuomo’s Unidentified Executive in Kickback Case Said to Be Hall

Bloomberg – New York Attorney General Andrew Cuomo has alleged that an executive of Clinton Group Inc., which once managed $8 billion in assets, knew of kickbacks made to win $750 million in state pension-fund business in 2006. Cuomo identifies […]

UPDATE: Hedge Fund Brokerage Firm Updates Connectivity

West Palm Beach (HedgeCo.net) – Hedge fund prime broker, Newedge, has started using a Dubai Point of Presence (POP) connection to facilitate their access to the Dubai Gold and Commodity Exchange (DGCX). The new connection has high bandwidth and is […]

SocGen reducing China fund venture stake – sources

Forbes – French bank Societe Generale (SocGen) plans to reduce its holdings in its China fund joint venture due to regulatory concerns after a global reorganisation, two people familiar with the situation said. SocGen already owns a fund venture with […]

MTM Looking To Offshore Hedge Funds For US Real Estate Deal

West Palm Beach (HedgeCo.net) – U.S. hedge fund manager MTM Global Financial Services is looking for an offshore hedge fund partner. In order to raise approximately $50 million in capital for a REIT fund focused on newer US residential real […]

Newedge, Amiri Capital to launch Islamic hedge FoF

Reuters – 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 […]

Dow scrambling to keep $15 billion Rohm takeover alive

Reuters – Dow Chemical is scrambling to keep its $15 billion takeover of rival Rohm & Haas alive after a surprise decision by the Kuwaiti government to scrap a joint venture with Dow, the Financial Times reported on Tuesday. The […]

Cook starts to cut the mustard

Proactive Investors Australia – Why have investors been selling UK-listed coal miners – even the big boys like Xstrata, Rio and BHP Billiton – as if they were going out of fashion?   Lack of understanding of the global market […]