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CESR refrains from imposing controls on hedge funds for now

on Monday, June 9th, 2008 at 12:00 am

Thomson Financial- The committee of European securities’ regulators (CESR) will refrain for now from imposing law-like controls on hedge funds after 13 big European funds have presented a voluntary codex of behaviour, president Eddy Wymeersch told Financial Times Deutschland.
‘From a qualitative perspective, the plans are of high value and very balanced,’ he said. ‘Now, we […]

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Brevan Howard’s BH Global raises $1 bln from London IPO vs target $500 mln

on Friday, May 23rd, 2008 at 12:00 am

Thomson Financial- BH Global Ltd., the second fund of hedge funds feeder fund to be floated by Brevan Howard Asset Management LLP, said it has raised $1 billion from its initial public offering in London, twice the amount expected.
Lord Turnbull, BH Global Chairman said, "To have raised $1 billion in these markets is a great […]

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