When a hedge fund doesn’t know when to say when to due diligence information requests In the current environment investors are increasingly allocating more resources to hedge fund due diligence. Necessarily, hedge funds are similarly required to dedicate commensurate increased resources towards responding to these due diligence requests. Accompanying these increased resource allocations, there seems to be a new willingness […]
Future Fuels LLP, the flagship Renewable Transport Fuel investment product of one of the UK’s leading (£6 billion) alternative investment and hedge fund boutiques, Future Capital Partners (FCP), announced the acquisition of a site and planning permission consent for its industrial scale plant in Grimsby, North East England. Construction of the site will provide 750 jobs for two years and […]
Via HedgeTracker Name Style Estimated Assets at Launch $mm Location AE Capital Management Global Macro 10 Singapore Astenbeck Capital Management Commodities Focused 1,400 Westport, CT Black’s Link Capital Ltd Event-Driven NA Central Hong Kong Castle Hill Asset Management Fixed Income 2,150 London Doubloon Capital LLC Distressed NA Norwalk, CT Edward Hornstein LLC Long/Short Equity 10 New York, NY Munsun Asset […]
By Jay B. Gould, Partner at Pillsbury Winthrop Shaw Pittman LLP: Securities regulators have agreed to an IOSCO-endorsed approach for hedge fund disclosure to assist in determining systemic risks regarding private pools of capital. The template, which is attached, was developed by the Task Force on Unregulated Entities following requests from the Financial Stability Board, as well as from IOSCO […]
London – The Alternative Investment Management Association (AIMA) – the global hedge fund industry association – has welcomed the hedge fund survey published by the UK’s Financial Services Authority which concluded that the industry does not pose a systemic risk and features relatively low levels of leverage. “As the UK is home to 80% of Europe’s hedge fund industry, these […]
* The size of global hedge fund industry currently stands at just under US$1.5 trillion – assets expected to hit US$1.68 trillion by the end of 2010. * Distressed debt hedge funds returned 2.51% for January, making it the 10th consecutive month of positive returns, gaining 44.01% over this period. * European long/short equity hedge funds delivered 0.76% in January, […]
London – The World Finance Exchanges and Brokers awards recognise the results of the top performing Brokers by region. Congratulations to the winners, a selection are listed. Western Europe Online Broker of the Year: DIF Broker (Portugal) Discretionary Brokerage of the Year: Investment Bank of Greece (Greece) Small Cap Broker of the Year: Neonet AB (Sweden) Eastern Europe Online Broker […]
Hedgebay Trading Corporation has launched a new monthly index that will give the hedge fund industry a detailed insight into the average discount or premium to NAV that investors are paying for assets that have no contractual redemption rights to investors, such as “side-pockets” or for hedge funds that have suspended redemptions. The Hedgebay Global Illiquid Asset Index (“IAI”), is […]
With interest spiking in the UCITS hedge fund arena and a number of new funds being planned and launched, Tomlinson Investment Consulting is teaming up with The Hedge Fund Journal to launch UCITS Hedge, a new portal dedicated to UCITS-compliant hedge funds. The portal will carry news, commentary, interviews, fund data and other information, the launch date is set for […]
UK Bribery Bill Will Give Sharper Teeth To Global Fraud Clampdown
Britain looks set to become part of the world’s biggest ever concerted attack on fraud and corruption within financial institutions. The Bribery Bill – which now seems certain to be passed before the UK General Election – will bring Britain more into line with tough U.S. regulations, according to Complinet, one of the world’s leading suppliers of global finance solutions. […]