Tag Archives: merrill
Paamco recruits KBC Alpha pan-Asian fund of hedge funds team
Hedge Week.com – Pacific Alternative Asset Management Company, an Irvine, California-based fund of hedge funds manager with USD9bn in assets has announced the recruitment of the investment team of KBC Alpha Asset Management, a USD700 million Asia-focused fund of hedge […]
FoHF Lighthouse Expands Through Integration with GlobeOp
West Palm Beach (HedgeCo.net) – Fund of hedge funds Lighthouse Partners announced that it is expanding its partnership with GlobeOp Financial Services to a full-service fund administration relationship. More than 20 professionals from the Lighthouse operations team in Florida will […]
Hedge Fund Group Gottex Opens Office in Dubai, Hires Ex-Lehman Manager
West Palm Beach (HedgeCo.net) – Independent alternative asset and hedge fund management group, Gottex Fund Management Holdings Limited, announced the opening of an office in Dubai to capitalise on the growth opportunities in the region. In addition, Gottex appointed Wassim […]
London Hedge Fund Manager Alan Miller Makes a Comeback
West Palm Beach (HedgeCo.net) – According to a report in the Financial Times, London hedge fund manager Alan Miller has returned to the industry after a two-year absence by becoming a partner at SilverStreet Capital, a small London fund of […]
Citadel Shifts Capital, Will Focus on Seeding
New York (HedgeCo.Net) – Citadel Investment Group announced yesterday it will shut down its $1 billion fund of hedge funds portfolio and use the capital to invest in other businesses. The Fusion fund was launched a year and a half […]
Russian hedge funds face closure
Reuters – Up to half of Russian hedge funds could go out of business as the financial crisis sends investors fleeing and the stock market continues to fall, according to industry experts. Speaking at the Russia Alternative Investment Summit on […]
Finvest Launches Offering and FOHF Allocation
West Palm Beach (HedgeCo.net) – Finvest Asset Management is set to launch a new capital protected offering for investors who are seeking to generate annual returns of between 12-20 percent in a low risk structure. The total offering is for […]
Wolver Hill Japan Hedge Fund Resists Slumping Topix
Bloomberg – Wolver Hill Japan Multi-Strategy Fund, run by Deutsche Bank AG’s former prime brokerage sales chief in Tokyo, resisted the worst month for the nation’s stocks in almost 15 years to be little changed in September. The $11 million […]
Hedge fund launches in dire times
Globe and Mail – On monday, when North American markets cratered, was not the most auspicious day to launch a closed-end fund of hedge funds, but Star Hedge Managers Corp. has been quietly trading since then. This fund invests in […]
Crisis to spur big Asia hedge fund shake-out
Reuters – Asia’s hedge fund industry, one of the world’s worst performers even before the latest surge in volatility, will see a major shake-out as the global financial turmoil shuts down a huge swath of managers. Few in the industry […]
Geneva private bank tops fund of hedge funds table
Wealth Bulletin – Geneva-based Union Bancaire Privée emerged as the largest fund of hedge funds provider, replacing UBS Global Asset Management at the top, with $56.8bn, according to the InvestHedge Billion Dollar Club. Funds of hedge funds showed the first […]
