Tag Archives: telegraph


Talk of Harbinger stake in African Minerals

Telegraph.co.uk – The chatter was that Harbinger, a powerful US hedge fund run by Philip Falcone, has built a small stake in African Minerals and has been talking to London brokers in recent days about picking up more stock. Harbinger […]

Hedge fund GLG backs oil venture with eye for London listing

Telegraph.co.uk – The hedge fund, which has $11bn (£6.7bn) of assets under management, will be the cornerstone investor in the new company called Lothian which will buy oil assets around the world and manage them. The plan is for Lothian […]

Boris Johnson is right: the EU’s hedge fund rules will destroy the City

Telegraph.co.uk – The City is staring into the abyss. If the proposed EU directive on hedge funds goes through, London will go the way of Bruges, Venice and Amsterdam: a once dominant financial entrepôt sidelined by more virile cities. This, […]

Lord Rothschild dumps his son’s hedge fund Atticus

Telegraph.co.uk – RIT Capital Partners, Lord Rothschild’s investment vehicle, had £36.5m ($58.3m) allocated to Atticus at the end of March 2008, but the company’s latest annual report shows the money has been entirely withdrawn. The trust had invested in Atticus […]

Ark aims to rise above recession with charity extravaganza

Telegraph.co.uk – Mayor Boris Johnson will welcome guests, thought to include Tony Blair, Elton John and Jemima Khan, who have paid up to £100,000-a-table to be at the event at the former Eurostar terminal at Waterloo. Despite being dubbed Britain’s […]

Paulson to Launch New Real Estate Fund, Report Says

New York Times Blogs – John Paulson, the hedge fund manager who reaped a windfall betting against the U.S. housing market before the credit crunch, is now hoping to ride to riches on the property industry’s recovery, The Telegraph reported. […]

Is there a bull market around the corner?

Telegraph.co.uk – The stockmarket bulls have been very quiet of late, but that might be about to change. The FTSE100, made of up Britain’s biggest companies closed last week at an 11-week high at 4,243 and some fund managers are […]

Harvard’s alumni fail to dazzle in recession

Telegraph.co.uk – When Andy Hornby, the former chief executive of HBOS, was asked by the Treasury Select Committee to detail his banking qualifications he couldn’t. Like his fellow bankers, Sir Fred Goodwin, Sir Tom McKillop and Lord Stevenson, being questioned […]

Distressed debt funds line up new year raids

Telegraph.co.uk – Industry sources say private equity and distressed debt specialists have raised about $26bn (£17bn) since the start of October, with some 80pc coming from hedge funds. Distressed debt funds, which buy debt that is trading at a discount […]

Obama appointees bring experience

Toledo Blade – President-elect Barack Obama is forming a White House leadership team that combines experienced Washington insiders who can help build a bridge with Congress and trusted associates who share his Chicago roots.   The West Wing appointments that […]

Tate & Lyle boss calls for hedge fund curbs

Daily Telegraph- The chief executive of the sugar refining group Tate & Lyle has hit out at hedge funds and other commodity speculators, calling for them to face greater regulation in a bid to hold back soaring food prices. Hedge […]

CSX Case Challenges Hedge Funds

New York Post- A looming decision in a heated lawsuit brought by railroad giant CSX Corp. could shut down a loophole used by activist hedge funds to hide their stake from the market. CSX alleges that two big hedge funds […]

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