Tag Archives: oeh


Hedge funds navigate maze of redemptions

Wealth Bulletin – Millionaire hedge fund manager Andrew Lahde might have got it right. The man whose valediction last month to his industry peers announced that “with all due respect, I am dropping out”, left the industry while the going […]

Brazil Hedge Funds See Record Outflows Even as They Beat Market

Bloomberg – Brazilian hedge funds saw a record 14.3 billion reais ($6.7 billion) in withdrawals last month after returns trailed a fixed-income benchmark even while defying a 25 percent plunge in the Bovespa stock index. The redemptions brought total outflows […]

Hedge fund Autonomy Capital halts withdrawals-report

Reuters – Autonomy Capital Research LLP, a $1.7 billion hedge-fund firm run by former Lehman Brothers Holdings Inc trader Robert Gibbins, halted withdrawals from its flagship fund after losses this year, Bloomberg reported on Tuesday. The $1.2 billion Autonomy Capital […]

Permal Suspends Withdrawals From Two Hedge Funds Run by NWI

Bloomberg – Permal Group temporarily blocked clients from taking money out of two hedge funds that invest with NWI Management LP while NWI changes its redemption rules, according to two people familiar with the matter. The firm, based in London, […]

Moore Hires Greg Coffey as European Co-Chief Investment Officer

Bloomberg – Moore Capital Management LLC, founded by Louis Bacon almost two decades ago, tapped Greg Coffey, former GLG Partners Inc.’s top-performing money manager, to be co-chief investment officer of Moore’s European business. Coffey, 37, will join London-based Moore Europe […]

Hedge Fund Pentwater Suspends Redemptions

West Palm Beach (HedgeCo.net) – In a letter to investors, Hedge Fund manager Pentwater Capital announced that due to a number of unexpected redemption notices for year-end they have suspended redemptions and withdrawals, effective immediately. "The entire hedge fund industry […]

T. Boone Pickens liquidates energy equity hedge fund

Dallas Morning News – Hedge fund operator and oil prognosticator T. Boone Pickens liquidated one of his hedge funds last month as the stock markets plunged. The Dallas billionaire converted his energy equity fund to cash and offered investors the […]

Deephaven Freezes Multistrategy Hedge Fund to Avoid Asset Sales

Bloomberg – Deephaven Capital Management LLC, the hedge-fund unit of stockbroker Knight Capital Group Inc., froze a $1.6 billion fund after investors asked to get back 30 percent of their money. Withdrawals from the Deephaven Global Multistrategy Fund were suspended […]

Investors Flee Boone Pickens’ Hedge Fund: Report

CNBC – About half of the investors in T. Boone Pickens’ energy-oriented equity hedge fund have asked to withdraw their money on the heels of losses of about 60 percent this year, the Wall Street Journal said, citing people close […]

Hong Kong Says Hedge Funds Provided Inaccurate Data

Bloomberg – Some hedge fund managers provided inaccurate information to investors in newsletters and monthly fact sheets, Hong Kong’s Securities and Futures Commission said. In one instance, the hedge fund manager excluded the fund’s largest stock holding from its top […]

Former Columbia Professor Starts Asia Fund of Value Hedge Funds

Bloomberg – Van Biema Value Partners LLC, led by a former Columbia Business School professor, started a new fund to invest in Asian hedge funds while plunging markets and client withdrawals force rivals to scale back investments. The Cayman Islands-domiciled […]

Hedge funds see huge outflow of money, $210 bn

Commodity Online – Steep performance losses and record investor capital redemptions reduced the size of the hedge fund industry by $210 billion in 3Q08. This represents the largest historical quarterly decline in assets, according to data released the other day […]

Related Posts Plugin for WordPress, Blogger...