Tag Archives: spokesman


John Paulson buying Citigroup shares: report

Reuters – Hedge fund manager John Paulson, who bet against financial companies after foreseeing the credit crisis, has been buying Citigroup Inc <C.N> shares over the past few weeks, the New York Post reported, citing sources. Paulson bought around a […]

UK fraud authority investigation into BVI company prompts wider probe of structured finance, swaps

Caribbean Net News – The UK Serious Fraud Office is investigating sales of credit-default swaps and structured-finance products, including collateralized debt obligations, prior to the credit crisis, following up an earlier investigation into a hedge fund and a related British Virgin […]

U.K. Probing Hedge Funds, Structured Finance Amid Fraud Concern

Bloomberg – The U.K. Serious Fraud Office is investigating sales of structured-finance products such as credit default swaps and collateralized debt obligations prior to the global financial crisis. The SFO is looking into whether banks that sold the products knew […]

Man team backs Bayswater hedge fund relaunch

The Guardian – Bayswater Asset Management, a computer-driven hedge fund shut down last year after big losses during the credit crisis, has relaunched after revamping its risk management controls, its new backers said on Wednesday. San Francisco-based Bayswater had initially […]

Steel Partners says Icahn fights on in Caymans

Reuters – Carl Icahn and other investors who failed to block Steel Partners’ plan to convert a hedge fund into a listed partnership in Delaware court, continue to fight the plan in the Cayman Islands, Steel Partners said on Thursday. […]

Michael Jackson’s death could benefit Dutch fund

Reuters Amsterdam – For Dutch pension fund ABP, Michael Jackson’s death could be good for business. The passing of the man called "King of Pop" last week has created a run on his music, which is partly owned by Dutch […]

Calpers to expand private-equity, VC investments

Reuters – The California Public Employees’ Retirement System (Calpers), which manages $169 billion in public pension funds, may boost its private-equity investments by around 40 percent as slumping markets create some acquisition bargains. Calpers’ board next week is scheduled to […]

NZ firm debuts high-risk inflation hedge fund

Alibaba News Channel – Hedge fund firm 36 South said on Monday it had launched a "high risk/high return" fund designed to protect investors’ portfolios against a surge in global inflation. The Excelsior fund will target returns of five times […]

Return To Eastern Europe

Forbes  – Plummeting stock prices in Eastern European should have made the region full of rich pickings for Western investors, but hedge funds and private equity firms have been sitting on the side lines for the last few months, fearful […]

Gendell’s Tontine Partners Raises Money For New Hedge Fund

Nasdaq.com – Jeffrey Gendell of Tontine Partners LP, who is closing two of his hedge funds after steep losses, has raised money for his new Tontine Total Return Fund, according to regulatory filings. The Tontine Total Return fund, which Gendell […]

NY pension clips fund of funds stakes to $500 mln

Reuters – New York state’s pension fund has cut its so-called fund of funds investments to about $500 million from $5 billion since January 2008, after deciding direct investments were preferable, a spokesman said Tuesday. Fund of funds invest money […]

Six exit hedge fund firm NewSmith in cost cuts

Reuters UK  – NewSmith Capital Partners, one of the hedge fund firms to appear before a parliamentary committee investigating the UK banking crisis in January, has lost six staff as it cuts costs in a tough period for the industry. […]

Related Posts Plugin for WordPress, Blogger...