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	<title>Hedge Fund News From HedgeCo.Net &#187; relative-value</title>
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	<description>Breaking Hedge Fund News</description>
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		<title>Griffin Shifts Funds’ Strategy to Fortify Citadel</title>
		<link>http://www.hedgeco.net/news/09/2009/griffin-shifts-funds%e2%80%99-strategy-to-fortify-citadel.html</link>
		<comments>http://www.hedgeco.net/news/09/2009/griffin-shifts-funds%e2%80%99-strategy-to-fortify-citadel.html#comments</comments>
		<pubDate>Wed, 16 Sep 2009 09:54:38 +0000</pubDate>
		<dc:creator>Editor</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[citadel-investment-group]]></category>
		<category><![CDATA[gross assets]]></category>
		<category><![CDATA[hedge funds]]></category>
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		<category><![CDATA[leverage ratio]]></category>
		<category><![CDATA[relative-value]]></category>

		<guid isPermaLink="false">http://www.hedgeco.net/news/?p=11924</guid>
		<description><![CDATA[Bloomberg &#8211; Ken Griffin started trading convertible bonds 22 years ago from his Harvard University dorm room. Now he’s moving away from the investments that made him a billionaire hedge-fund manager &#8212; and unraveled last year, leaving clients with a 55 percent loss, almost three times the industry average. Citadel Investment Group LLC, Griffin’s $13.5 [...]]]></description>
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		<title>HSBC fund avoids directional bets in choppy markets</title>
		<link>http://www.hedgeco.net/news/07/2009/hsbc-fund-avoids-directional-bets-in-choppy-markets.html</link>
		<comments>http://www.hedgeco.net/news/07/2009/hsbc-fund-avoids-directional-bets-in-choppy-markets.html#comments</comments>
		<pubDate>Fri, 31 Jul 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[100-million]]></category>
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		<category><![CDATA[price discrepancies]]></category>
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		<description><![CDATA[Reuters UK &#8211; HSBC Halbis fund manager Jim Dunsford is favouring trades exploiting price discrepancies, rather than big bets on market movements, because he believes markets are still in unknown territory. Dunsford manages the 100 million euro (85 million pound) Halbis Global Macro fund, which uses hedge fund-style techniques to try and make money in [...]]]></description>
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		</item>
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		<title>Why Polygon Is Losing Pace</title>
		<link>http://www.hedgeco.net/news/07/2009/why-polygon-is-losing-pace.html</link>
		<comments>http://www.hedgeco.net/news/07/2009/why-polygon-is-losing-pace.html#comments</comments>
		<pubDate>Tue, 28 Jul 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[asset types]]></category>
		<category><![CDATA[broad spectrum]]></category>
		<category><![CDATA[flagship]]></category>
		<category><![CDATA[forbes]]></category>
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		<category><![CDATA[investment pools]]></category>
		<category><![CDATA[money]]></category>
		<category><![CDATA[polygon]]></category>
		<category><![CDATA[relative-value]]></category>

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		<description><![CDATA[Forbes &#8211; Markets around the world have been rallying all year. So how did Polygon&#8217;s flagship hedge fund manage to lose money? Polygon Global Opportunities Master Fund delivered a negative 2.92% net return as of June 30, lagging far behind other so-called multi-strategy funds which invest across a broad spectrum of asset types. Relative value [...]]]></description>
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		<title>Multi-strategy Malta Hedge Fund Launch</title>
		<link>http://www.hedgeco.net/news/07/2009/multi-strategy-malta-hedge-fund-launch.html</link>
		<comments>http://www.hedgeco.net/news/07/2009/multi-strategy-malta-hedge-fund-launch.html#comments</comments>
		<pubDate>Fri, 24 Jul 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
		<category><![CDATA[accredited-investors]]></category>
		<category><![CDATA[annualized-return]]></category>
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		<category><![CDATA[cta]]></category>
		<category><![CDATA[fund administrator]]></category>
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		<category><![CDATA[index arbitrage]]></category>
		<category><![CDATA[mf global]]></category>
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		<guid isPermaLink="false"></guid>
		<description><![CDATA[HedgeCo.net (West Palm Beach) &#8211; Golden Hedge Umbrella Sicav has launched a multi-strategy hedge fund and is currently looking for seed investors. The Golden Hedge Multi-Strategy Fund, Malta domiciled, is the first subfund of the umbrella structure, run by Andreas Koettner and Dr. Bernhard Goetsch, the new hedge find specializes in relative value commodity trading [...]]]></description>
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		<title>Meriwether Said to Shut JWM Hedge Fund After Losses</title>
		<link>http://www.hedgeco.net/news/07/2009/meriwether-said-to-shut-jwm-hedge-fund-after-losses.html</link>
		<comments>http://www.hedgeco.net/news/07/2009/meriwether-said-to-shut-jwm-hedge-fund-after-losses.html#comments</comments>
		<pubDate>Wed, 08 Jul 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[1980s]]></category>
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		<category><![CDATA[global-markets]]></category>
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		<category><![CDATA[long term capital management]]></category>
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		<category><![CDATA[salomon brothers]]></category>
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		<description><![CDATA[Bloomberg &#8211; John Meriwether, who roiled global markets when Long-Term Capital Management LP collapsed in 1998, plans to shut his current hedge fund, according to a person familiar with the matter. JWM Partners LLC is closing its main Relative Value Opportunity II fund after losing 44 percent from September 2007 to February 2009. Meriwether, credited [...]]]></description>
		<wfw:commentRss>http://www.hedgeco.net/news/07/2009/meriwether-said-to-shut-jwm-hedge-fund-after-losses.html/feed</wfw:commentRss>
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		<title>Swiss Hedge Fund Manager&#8217;s Indice Tops Charts</title>
		<link>http://www.hedgeco.net/news/07/2009/swiss-hedge-fund-managers-indice-tops-charts.html</link>
		<comments>http://www.hedgeco.net/news/07/2009/swiss-hedge-fund-managers-indice-tops-charts.html#comments</comments>
		<pubDate>Thu, 02 Jul 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
		<category><![CDATA[accredited-investors]]></category>
		<category><![CDATA[alpha-group]]></category>
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		<category><![CDATA[data terminals]]></category>
		<category><![CDATA[first asset]]></category>
		<category><![CDATA[fixed-income-arbitrage]]></category>
		<category><![CDATA[fund-of-hedge-funds]]></category>
		<category><![CDATA[german equity]]></category>
		<category><![CDATA[group-ag]]></category>
		<category><![CDATA[hedge fund performance]]></category>
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		<category><![CDATA[index prices]]></category>
		<category><![CDATA[investment expert]]></category>
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		<category><![CDATA[rvx]]></category>
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		<guid isPermaLink="false"></guid>
		<description><![CDATA[HedgeCo.net (West Palm Beach) &#8211; Hedge fund performance specialist Alternative-Index Ltd., fully owned by hedge fund manager, Salus Alpha Group AG, reported that the Relative Value Index (RVX) is the top performing Alternative Investment Indices (AI-Index) in June 2009 with a month-to-date performance of +0.52% listed on the Vienna Stock Exchange. The RVX outperformed the [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>DJ Gottex Fund Gets Investment, Advisory Mandate From Nestle -</title>
		<link>http://www.hedgeco.net/news/07/2009/dj-gottex-fund-gets-investment-advisory-mandate-from-nestle.html</link>
		<comments>http://www.hedgeco.net/news/07/2009/dj-gottex-fund-gets-investment-advisory-mandate-from-nestle.html#comments</comments>
		<pubDate>Thu, 02 Jul 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[asset-manager]]></category>
		<category><![CDATA[driven strategies]]></category>
		<category><![CDATA[eb]]></category>
		<category><![CDATA[fund management]]></category>
		<category><![CDATA[fund-portfolios]]></category>
		<category><![CDATA[holdings ltd]]></category>
		<category><![CDATA[investment-management]]></category>
		<category><![CDATA[mandate]]></category>
		<category><![CDATA[pension-funds]]></category>
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		<guid isPermaLink="false"></guid>
		<description><![CDATA[TradingMarkets.com &#8211; Asset manager Gottex Fund Management Holdings Ltd. (GFMN.EB) said Thursday it has been awarded an investment and advisory mandate by Nestle Capital Advisers S.A. The investment management mandate applies to one of Nestle Pension Funds&#8217; hedge fund portfolios; it will be managed through a customized fund of funds program, focused on relative value [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Credit Suisse/Tremont Hedge Fund Index Estimated to Finish Up 3.61% In May</title>
		<link>http://www.hedgeco.net/news/06/2009/credit-suisse-tremont-hedge-fund-index-estimated-to-finish-up-361-in-may.html</link>
		<comments>http://www.hedgeco.net/news/06/2009/credit-suisse-tremont-hedge-fund-index-estimated-to-finish-up-361-in-may.html#comments</comments>
		<pubDate>Tue, 09 Jun 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
		<category><![CDATA[congress party]]></category>
		<category><![CDATA[convertible arbitrage]]></category>
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		<category><![CDATA[favorable investment conditions]]></category>
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		<category><![CDATA[general elections]]></category>
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		<category><![CDATA[investment grade]]></category>
		<category><![CDATA[leveraged-loans]]></category>
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		<guid isPermaLink="false"></guid>
		<description><![CDATA[West Palm Beach (HedgeCo.net) &#8211; Hedge fund managers posted positive returns across all major strategies in May except for Managed Futures. Returns were driven by favorable investment conditions across equity, credit and commodities markets. India led the positive trend in Emerging Markets, with the Sensex index surging 17.3% within less than a minute of the [...]]]></description>
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		</item>
		<item>
		<title>Commoditrade Plans to Start Energy Hedge Fund in Fourth Quarter</title>
		<link>http://www.hedgeco.net/news/06/2009/commoditrade-plans-to-start-energy-hedge-fund-in-fourth-quarter.html</link>
		<comments>http://www.hedgeco.net/news/06/2009/commoditrade-plans-to-start-energy-hedge-fund-in-fourth-quarter.html#comments</comments>
		<pubDate>Mon, 01 Jun 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[1-billion]]></category>
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		<category><![CDATA[david phipps]]></category>
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		<description><![CDATA[Bloomberg &#8211; Commoditrade Inc. plans to introduce an energy hedge fund in the fourth quarter, complementing a fund that invests in industrial metals. The new fund will use the relative-value strategy followed by the metals fund, Chief Executive Officer David Phipps said yesterday in a phone interview. He declined to comment on the performance of [...]]]></description>
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		</item>
		<item>
		<title>February Hedge Fund Performance</title>
		<link>http://www.hedgeco.net/news/03/2009/february-hedge-fund-performance.html</link>
		<comments>http://www.hedgeco.net/news/03/2009/february-hedge-fund-performance.html#comments</comments>
		<pubDate>Fri, 20 Mar 2009 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
		<category><![CDATA[accredited-investors]]></category>
		<category><![CDATA[bank-stocks]]></category>
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		<category><![CDATA[wreaking havoc]]></category>

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		<description><![CDATA[West Palm Beach (HedgeCo.net) &#8211; Morningstar reported a sharp decline in credit and equity markets as the U.S. government announced its stimulus package and financial stability plan. February saw a huge sell-off in U.S. and European bank stocks caused by concerns of financial health and nationalization. U.S. bank stocks hit a 17-year low and spreads [...]]]></description>
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		<title>Hedge Fund Sued Over Expsoure to Madoff Funds</title>
		<link>http://www.hedgeco.net/news/12/2008/hedge-fund-sued-over-expsoure-to-madoff-funds.html</link>
		<comments>http://www.hedgeco.net/news/12/2008/hedge-fund-sued-over-expsoure-to-madoff-funds.html#comments</comments>
		<pubDate>Thu, 18 Dec 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
		<category><![CDATA[brokerages]]></category>
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		<description><![CDATA[New York (HedgeCo.Net) &#8211; Gabriel Capital and founder Ezra Merkin have been sued for their exposure to Ponzi-schemer Bernard Madoff by a disdained investor. Scott Berrie, who has $500,000 tied up in one of Gabriel&#8217;s funds, claims that Gabriel lied to investors when they marketed that they hold a &#8220;diverse portfolio of securities,&#8221; which &#8220;falsely [...]]]></description>
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		<title>Lehman to sell stake in R3 hedge fund</title>
		<link>http://www.hedgeco.net/news/10/2008/lehman-to-sell-stake-in-r3-hedge-fund.html</link>
		<comments>http://www.hedgeco.net/news/10/2008/lehman-to-sell-stake-in-r3-hedge-fund.html#comments</comments>
		<pubDate>Thu, 09 Oct 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Syndicated]]></category>
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		<category><![CDATA[zukin]]></category>

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		<description><![CDATA[Reuters &#8211; Lehman Brothers Holdings Inc agreed on Wednesday to sell its 45 percent stake in hedge fund R3 Capital Partners for $250 million in cash and a $250 million investment in another fund managed by R3. Lehman, which filed for bankruptcy protection last month, acquired the stake in May in return of a roughly [...]]]></description>
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		</item>
		<item>
		<title>Altos Ventures Leads $5.7 Million Mobile Funding</title>
		<link>http://www.hedgeco.net/news/10/2008/altos-ventures-leads-57-million-mobile-funding.html</link>
		<comments>http://www.hedgeco.net/news/10/2008/altos-ventures-leads-57-million-mobile-funding.html#comments</comments>
		<pubDate>Thu, 09 Oct 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
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		<guid isPermaLink="false"></guid>
		<description><![CDATA[West Palm Beach (HedgeCo.net) &#8211; Trilibis Mobile announced today that it has raised $5.7 million in Series B financing. Alternative Investor Altos Ventures led the round with participation from ATA Ventures and several early individual investors. Ho Nam, General Partner and Co-Founder of Altos Ventures, has joined the board of Trilibis Mobile. Mike Hodges, Managing [...]]]></description>
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		</item>
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		<title>Brotman Boldly Launches Market Timing Fund</title>
		<link>http://www.hedgeco.net/news/09/2008/brotman-boldly-launches-market-timing-fund.html</link>
		<comments>http://www.hedgeco.net/news/09/2008/brotman-boldly-launches-market-timing-fund.html#comments</comments>
		<pubDate>Tue, 16 Sep 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
		<category><![CDATA[advisory-services]]></category>
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		<category><![CDATA[capital-appreciation]]></category>
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		<description><![CDATA[West Palm Beach (HedgeCo.net) &#8211; Brotman Capital Management has chosen this, the worst year for hedge funds in over a decade, to launch its flagship Market Timing Fund. Since inception through August 2008 the fund is up 14% net of fees. The fund has a $100,000 minimum investment, 2% Management fee and a 20% Incentive [...]]]></description>
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		<title>FaceBook Guru to Try His Hand at Alternative Investments</title>
		<link>http://www.hedgeco.net/news/06/2008/facebook-guru-to-try-his-hand-at-alternative-investments.html</link>
		<comments>http://www.hedgeco.net/news/06/2008/facebook-guru-to-try-his-hand-at-alternative-investments.html#comments</comments>
		<pubDate>Tue, 24 Jun 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[HedgeCo News]]></category>
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		<description><![CDATA[New York (HedgeCo.Net) &#8211; Matt Cohler, one of the early faces behind the wildly popular Facebook, will join venture capital firm Benchmark Capital.&#160; Cohler will assist in locating investment opportunities in web based services and will work with the company&#8217;s portfolio businesses, all while continuing to work with Facebook. &#160; &#8220;Matt has set his sights [...]]]></description>
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		<title>RockPort closes $450m cleantech fund</title>
		<link>http://www.hedgeco.net/news/06/2008/rockport-closes-450m-cleantech-fund.html</link>
		<comments>http://www.hedgeco.net/news/06/2008/rockport-closes-450m-cleantech-fund.html#comments</comments>
		<pubDate>Fri, 06 Jun 2008 00:00:00 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Closing Hedge Funds]]></category>
		<category><![CDATA[Syndicated]]></category>
		<category><![CDATA[brevan-howard-asset-management]]></category>
		<category><![CDATA[endowment]]></category>
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		<guid isPermaLink="false"></guid>
		<description><![CDATA[Altassets &#8211; Cleantech-focused venture capital firm RockPort Capital Partners has closed its third fund, RockPort Capital Partners III, on over $450m, the hard cap of the fund. It had an initial target of $400m and held a first closing just three weeks ago, on $400m. The new fund will continue the focus of RockPort&#8217;s previous [...]]]></description>
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