Tag Archives: rsquo


Abax to Follow Blackstone, CLSA With China Private Equity Fund

Bloomberg – Abax Global Capital Ltd., a Hong Kong-based hedge fund manager backed by Morgan Stanley, plans to start a private equity fund in China that invests in companies making environmentally friendly products such as clean energy. The yuan-denominated fund […]

T. Boone Pickens’ Hedge Fund Concentrates on Energy, Drops Basic Materials

BP Capital Management’s second quarter SEC filing shows that the hedge fund manager is focusing solely on energy companies these days. While the firm’s founder and Chief Investment Officer T. Boone Pickens has been publically supporting clean energy technologies, his […]

Biovail Suit Against SAC Capital Thrown Out by Judge

Bloomberg – A Biovail Corp. lawsuit against SAC Capital Management LLC was thrown out by a New Jersey judge for failing to state a claim. Biovail accused hedge funds including SAC and Sigma Capital Management of conspiring in a short-selling […]

Ex-Aether Systems CEO David Oros launches hedge fund

Baltimore Business Journal – Former Aether Systems CEO David Oros has launched a $3 million hedge fund called Global Domain Vector Fund LLC, according to a Securities and Exchange Commission filing. Oros is managing director and chief administrative officer of […]

Madoff trustee says Cayman and Bermuda funds ignored lawsuits

Caribbean Net News – The trustee liquidating Bernard Madoff’s business told a judge that two Cayman Islands and Bermuda hedge-fund firms accused of profiting from the fraud are ignoring his lawsuits seeking a total of $230.7 million in damages. Trustee […]

Bad News Bears: The Travails of Journalists Turned Financiers

New York Times Blogs – Sure, it’s tough being a journalist these days. But if you think the news business is in trouble, try being a journalist turned financier. Some of the reporters who have left their ink-stained professions for […]

Top Solar Investing Hedge Fund List

HedgeTracker – The top solar hedge fund investor is Lee Ainslie’s Maverick Capital. Mr. Ainslie is a “Tiger Cub,” or a former protégé of Julian Robertson of Tiger Management. As of Q1 ’09, the fund had $180.33mm of its $5,529mm, […]

OECD Puts Cayman Islands on Tax ‘White List’

HedgeCo.net (West Palm Beach) – The Organisation for Economic Cooperation and Development (OECD) added the Cayman Islands to its ‘white list’ of jurisdictions that substantially implement international tax standards. The Cayman Islands recognition came about after the country signed its […]

AIMA Launches Directive Centre Media Resource

HedgeCo.net (West Palm Beach) – The Alternative Investment Management Association, (AIMA) has launched a Directive Centre on their website as part of an on-going campaign to have the European Commission’s draft directive on Alternative Investment Fund Managers revised. It is […]

Atticus Chief Exits, Leaving High Water Mark Behind

CNBC – Another of the once giant hedge funds is all but closing its doors. Atticus Capital founder Timothy Barakett, 44 years of age, is shuttering his flagship fund and returning $3 billion in capital to his investors. The roughly […]

Dealing With Phibro: The Best Choice for Citigroup

New York Times Blogs – Selling a controlling stake in Phibro won’t cut it for Citigroup, Breakingviews writes. Sure, it would probably quell some of the uproar around the flashpoint that put Citi’s full ownership of Phibro, a commodities trading […]

Hyland Says ‘Gibberish’ to Cite Fund for Price Rise

Bloomberg – John Hyland, chief investment officer for the world’s largest exchange-traded fund in natural gas, said assertions that his company helped drive up energy prices were ”self-serving statistical gibberish.” ”Any time someone tells you that common sense tells you […]

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