Bloomberg - Kenneth Heebner, manager of the top-ranked U.S. stock mutual fund, is seeking as much as $5 billion for his first hedge fund.
Heebner, who has worked in the mutual-fund business almost four decades, formed a private investment partnership in June called Wayfarer Capital LP, according to Aug. 14 regulatory filings. The size of the […]

West Palm Beach (HedgeCo.Net) - The Directors of Cayman based Camelot Global Investments announced a management buy-out of their hedge fund, in cooperation with Merlin Global Enterprise.
Camelot will join Arkanar Financial Holdings, with the head office being relocated to Tallinn, Estonia. A branch will remain in Caymans.
The key staff members will stay, "It is important […]

FINalternatives- London-based VCM Fund Management is prepping a trio of hedge funds to invest in alternative energy, macro futures and emerging hedge fund managers.  The firm next month will launch two hedge funds in partnership with K2 Capital, the alternative energy hedge fund shop founded by former Vantage Derivatives head trader Andrew Swaine. First up, the firm […]

West Palm Beach (HedgeCo.net)- Recent news from Reuters shows that there is a booming interest in foreign exchange markets. According to the article, FX traders are seeing an increasing demand from institutional players, pension funds, and corporations. However, searching the internet will reveal few true FX hedge funds.
Tri Global FX, a New York based FX […]