Tag Archives: offshore-fund


Aviva moves to stop lending shares to hedge funds

Insurance giant Aviva could end  the practice of lending shares to hedge funds in a move against short-selling. Aviva shares were battered on the stock market earlier this month – losing 40pc of their value in two days – amid […]

HK Fund to team up with Paulson Hedge Fund in Offshore Launch

West Palm Beach (HedgeCo.net) – One of Hong Kong’s largest independent financial institutions, Sun Hung Kai Financial, is teaming up with hedge fund Paulson & Co, launching a distressed asset investment fund, according to a Reuters report. John Paulson will […]

ACF, Bank of America Sue Hedge Fund Steel Partners

CNNMoney.com – ACF Industries and Bank of America Corp. (BAC) are suing hedge fund Steel Partners, accusing the fund of fraud by failing to tell investors of plans to go public, Reuters reported Wednesday. Reuters says ACF, which court documents […]

Wall Street Jounal Columnist Speaks at Hedge Fund Summit

West Palm Beach (HedgeCo.net) – Wall Street Journal columnist Gregory Zuckerman and Ely Razin, senior director of strategy, Westlaw Business, will deliver a luncheon presentation on "State of the Hedge Funds for 2008" at a upcoming Hedge Fund General Counsel […]

Brother of Bayou’s Marino Pleads Guilty to Helping Hide Fraud

Bloomberg – The brother of former Bayou Group LLC finance chief Daniel Marino, who is serving 20 years in prison, pleaded guilty to a federal charge that he helped conceal a $400 million fraud at the bankrupt hedge-fund firm. Matthew […]

Rogers Hires Two People for Fund of Hedge Funds, Expects Growth

Bloomberg – Rogers Investment Advisors Y.K., a Tokyo-based hedge fund adviser, has hired Yoshiaki Iizuka and Eric Chong as it expects to more than double assets by the year-end. Iizuka, 52, joined Rogers Investment on Aug. 1 as a managing […]

UBS’s Commodities Co-Head Quits to Join Hedge Fund

Bloomberg- Hunter Shively, global co-head of UBS AG’s commodities business for the past seven months, is resigning to join a start-up hedge fund that is raising money to trade energy futures. Shively, 38, will stay on for two months to […]

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