Monthly Archives: January 2010
Gottex integrates funds, expands U.S. range
ZURICH, (Reuters) – Swiss asset manager Gottex Fund Management Holding (GFMN.S) said on Wednesday it would integrate three funds of hedge funds into its product range to broaden its offering in the U.S. onshore market and the offshore sector. From […]
Investors flee fund with ties to Galleon witness
BOSTON (Reuters) – The tight-knit Boston hedge fund community has been rattled by a guilty plea in the biggest insider trading prosecution in two decades. Loch Capital Management, a technology-oriented hedge fund that once boasted over $2 billion (1.2 billion […]
GLG opens Asia offices as hedge funds look East
LONDON/HONG KONG, Jan 21 (Reuters) – GLG Partners (GLG.N), one of Europe’s biggest hedge fund firms, is opening offices in Asia as the industry races to profit from the region’s wealthy and relatively untapped investor base. GLG, which is based […]
Hedge Funds Hold Investors ‘Hostage’ After Decade’s Best Year
BusinessWeek – Hedge funds’ best year in a decade is giving little comfort to Jason D. Papastavrou. The founder of New York-based ARIS Capital Management LLC, which has about $250 million invested in hedge funds, is still waiting to get […]
Hedge Funds Gain $4.6 Billion In Jan 2010 – New Launches
New York (HedgeCo.net) – The January 2010 Eurekahedge Report found that global hedge fund industry gained $4.6 billion since December 2009. Hedge funds recovered from their record losses in 2008 as stimulus packages by governments around the globe helped stock […]
Insider Faces Sentencing in ‘07 Case
The New York Times – A former hedge fund manager named Mark E. Lenowitz has been secretly cooperating with an expanding federal investigation of insider trading on Wall Street for more than two years, in hopes of reducing his jail […]
Former UST building bulks up on hedge funds
AP News – What some consider the premiere office space for financial service firms in downtown Greenwich is nearly fully leased. The former UST building at 100 W. Putnam Ave., which was bought for $130 million and renovated by Antares […]
Thames River boosts credit team with hedge fund hire
Investment Week – Thames River Capital has hired Dahlia Verjee as a senior trader on its global credit team. Verjee was previously a principal trader at liquidated US-based hedge fund group Deephaven Capital Management, where she worked mainly in high […]
Rothschild returns to hedge funds
Weath Bulletin – Lord Rothschild’s investment house has ploughed back into hedge funds, a year after moving out of nearly all of their holdings in this area, as the firm enjoys both increased investment and an upswing its share price. […]
Citadel Head of Investment Banking Kaplan Has Left Firm
WSJ – Todd Kaplan, head of hedge fund manager Citadel Investment Group’s investment banking unit, resigned from the firm Thursday, spokeswoman Devon Spurgeon said. Citadel last May launched the investment banking business, called Citadel Securities, with much fanfare. The exit […]
Ex-Gandhara, Ludgate Hill Staff to Start Greater China Fund
BusinessWeek – Anthony Tse, a former Gandhara Capital Ltd. analyst, and Simon Hwang, ex-fund manager of Ludgate Hill Investment Management Ltd., will start a fund to trade stocks, convertible bonds and bonds in Greater China. Hong Kong-based Pangu Capital Ltd. […]