Monthly Archives: January 2012
Malta Lures Hedge Funds With 300 Days of Sun Aided by EU Rules
Bloomberg – Erik Nelson was working in Stamford, Connecticut, as a research analyst at FMG USA LLC, the U.S. arm of FMG, a fund of funds specializing in emerging and frontier markets, when his bosses called him into a meeting […]
Black Diamond Capital Management Appoints Kenneth Rubin as a Senior Managing Director and Hedge Fund Portfolio Manager
Black Diamond Capital Management, L.L.C. (“Black Diamond”), a leading alternative asset management firm with over $10 billion in assets under management, today announced the appointment of Kenneth Rubin as a Senior Managing Director and Hedge Fund Portfolio Manager. Mr. Rubin […]
Two hedge funds appeal US court’s Anglo ruling
Independent.ie – Two Cayman Island hedge funds have appealed a US court ruling that granted immunity to Anglo Irish Bank in a row related to a $200m (€155m) subordinated bond. The bank, now known as Irish Bank Resolution Corporation (IBRC), was granted […]
Ex-FrontPoint Foo plans $50 mln Asia hedge fund
Reuters – Former FrontPoint portfolio manager John Foo is preparing to launch an Asia-focused hedge fund that will start trading with about $50 million (32 million pounds) on March 1 in Singapore. The Asia ex-Japan long/short Kingsmead Asian Alpha Opportunities Fund […]
South African hedge funds outperform broader hedge fund indices
Opalesque – South African-based Peregrine Securities, Prime Services division reports that for hedge funds serviced by them returns were pretty positive over 2011. Long/short strategies represent some 85% of assets under management for the firm and the year to date returns […]
Asia Hedge Funds Face Attrition Amid Most Closures Since ’08
Bloomberg – Asia’s hedge-fund industry is set to shrink in 2012 after a year in which growth stagnated, performance faltered and managers struggled to raise capital. There were 123 Asian hedge funds that closed in the first 10 months of 2011, compared […]
The Hedge Fund Business Operations Association’s Annual Conference: Optimizing Hedge Fund Business Operations
New York (HedgeCo.net) – Financial Research Associates (FRA) and the Hedge Fund Business Operations Association (HFBOA) are proud to bring back the highly acclaimed Optimizing Hedge Fund Business Operations to New York City at the Princeton Club of NYC on […]
Agecroft Partners Predicts Hedge Fund Industry Trends for 2012
New York (Hedgeco.net) – Based on several dominant and emerging trends Agecroft has identified through their conversations with more than 300 hedge fund organizations and 2,000 institutional investors during 2011, Agecroft Partners predicts 2012 will be the best year for net […]
LightSquared Names Marc Montagner Chief Financial Officer
LightSquared, a wholesale carrier building a nationwide wireless broadband network that will create consumer choice and drive industry innovation, today announced the appointment of telecommunications veteran Marc Montagner as chief financial officer. In this role, Montagner will report to Sanjiv […]
Fidelity, Och-Ziff Seek Stiffer Collateral Rule Before CFTC Vote
Bloomberg – The U.S. Commodity Futures Trading Commission may complete rules next week that set protections for swap traders’ collateral as some hedge funds and mutual funds push for additional safety measures in the wake of the collapse of MF Global Holdings […]
Short-sellers cast eye towards struggling UK retailers
Reuters – Hedge funds hunting profits from falling share prices are circling many of Britain’s biggest retailers after deep pre-Christmas discounting failed to tempt shoppers to splash the cash in the festive season. Lacklustre festive spending is expected to blight […]
Arrowhawk’s Jennifer Fan Said to Be Starting Arbalet Hedge Fund
San Francisco Chronicle – Arrowhawk Capital Partners’ Jennifer Fan will start Arbalet Capital LLC on April 1 with at least $500 million, according to two people with knowledge of the hedge- fund manager’s plan. Arbalet, based in Darien, Connecticut, will employ the […]