Monthly Archives: January 2012
Federal Reserve as a Hedge Fund: Higher Profits, Lower Pay
DealBook – The year 2011 is over, and soon we’ll be hearing again about billion-dollar paydays for select hedge fund wizards. If it makes you feel any better, not everyone is sharing in these riches. The people who operate the […]
Regulation Prompts Hedge Fund Managers to Reconsider Domiciles
New York (HedgeCo.net) – A greater focus from regulators and investors has led to an increased number of hedge fund and private equity managers actively considering strategic moves to more favourable domiciles. Emerging regions are particularly appealing to investors and […]
U.S. hedge fund considering local market entry
Yonhap – Millennium Partners, a fund managed by the U.S.-based Millennium Management LLC, is considering tapping the South Korean hedge fund market, sources said Monday, in what would mark the first local entry of an overseas fund. Millennium Partners, which […]
Hedge Fund Cowen Group Acquires ATM LLC
New York (HedgeCo.net) – Hedge fund giant Cowen Group, Inc. has announced the acquisition of Algorithmic Trading Management, LLC. (ATM), a provider of global, multi-asset class algorithmic execution trading models. “The ATM team has developed first-rate execution technology that will […]
Star dims for Goldman’s youngest partner
CNN – After a year of losses, the exodus of investors from hedge funds hasn’t been as great as many expected. In the case of Eric Mindich’s $12 billion Eton Park Capital Management — which fell about 11% last year […]
Hedge funds push for debt swap on CVC’s Nine-source
Reuters – Hedge funds owning a large chunk of the $2.8 billion debt in Australia’s Nine Entertainment, owned by buyout firm CVC, have prepared a proposal to convert their debt into equity in the TV network, a source told Reuters, […]
Everything You Need to Know About Wall Street, in One Brief Tale
Rolling Stone – If there was ever a news story that crystalized the moral dementia of modern Wall Street in one little vignette, this is it. Newspapers in Colorado today are reporting that the elegant Hotel Jerome in Aspen, Colorado, […]
Swiss Bank Hires Hedge Fund Specialist
New York (HedgeCo.net) – A Geneva bank, Man Brothers, has selected Brady plc, a global supplier of trading, hedge fund risk management and settlement solutions to the metals, energy and softs sectors, to handle their trade finance operations. The Brady solution which […]
Asian hedge fund size increasing as managers embrace better corporate governance
Hedge Funds Review – Asian-based hedge funds are increasing in size as more embrace good governance aimed at attracting institutional money, according to BNY Mellon’s head of alternative investment services in Asia. For the first time the average size of […]
Cuts and Hedge Funds Deals Dominate TS Eliot Prize
Channel 4 – Poet laureate Carol Ann Duffy tells Channel 4 News “every poet must follow their conscience” as the withdrawal of two poets overshadows this year’s TS Eliot Prize for poetry. “There’s a real feeling of celebration… the brotherhood […]
Hedge Funds May Attract $80 Billion in 2012, Barclays Says
SF Chronicle – Investors may add about $80 billion of new capital to hedge funds globally this year, the most since 2007, Barclays Plc said in a report. About 56 percent of investors surveyed by Barclays plan to increase such […]
Hedge funds have a right to free speech
Dow Jones – The Managed Funds Association, a trade association representing the global alternative investment industry, this month wrote to the Securities & Exchange Commission calling for the repeal of a US rule established in 1933. In a letter to […]