Monthly Archives: January 2009

Polar Capital hedge fund manager Barnett to leave

Reuters – Polar Capital Holdings Plc said on Wednesday that Julian Barnett, the founder and manager of hedge fund Polar Capital Paragon Fund Ltd, has resigned. The firm said Barnett had decided to leave for personal reasons, and would continue […]

Volcker Helps Finance Museum Raise $470000 at Gala, Defy Slump

Paul Volcker, one of the men President-elect Barack Obama is counting on to save the U.S. economy, last night helped the Museum of American Finance raise about $470,000 at a gala dinner. The former Federal Reserve chairman’s Rolodex and clout […]

Blackstone’s GSO hedge fund shuts Asia desk

Reuters – GSO Capital Partners LP, Blackstone Group’s $25 billion credit hedge fund, is closing its Asia investment desk after failing to find attractive investments in the region, sources familiar with the matter said on Tuesday. The four-member team, led […]

High waves in market sink even legendary hedge funds

Tacoma News Tribune – Year after year, the hedge fund industry dazzled Wall Street by delivering “absolute returns” – outsized profits whether markets rose or fell. Using sophisticated trading models, the pools of managed capital made wealthy people wealthier with […]

Hedge Funds Challenges in a Changing World

Al-Bawaba – Never before in its short history was the hedge funds community confronted with the challenges nor the pressures it is facing today, following a six-year boom,with Madoff’s scandal coming as the icing on the cake following the US […]

Directory of Commodity Exchange Traded Funds Launched by Energy Hedge Fund Center

West Palm Beach (HedgeCo.net) – The Energy Hedge Fund Center, an online community focused on energy and environmental alternative investments, has launched a Directory of Commodity-focused Exchange Traded Funds that will appeal to ordinary investors. The Directory lists Exchange Traded […]

Eze’s Virtual Hedge Fund Hotel Suites

West Palm Beach (HedgeCo.net) – Hedge fund manager Eze Castle Integration has introduced a web version of its "hedge fund hotel" for small hedge funds with fewer than 10 people. The company introduced the fully managed physical suite in November […]

Eveillard and Englander Shun Leverage, Beat Rivals

Bloomberg – Jean-Marie Eveillard, who beat 99 percent of rival equity fund managers last year by hoarding cash instead of borrowing it, is loading up on Japanese insurers and Hong Kong developers. “Leverage eliminates your staying power,” said Eveillard, whose $16.8 […]

Madoff Avoids Jail, Continues House Arrest

New York (HedgeCo.Net) – Bernard Madoff will continue his house arrest at his swanky Manhattan apartment, after a judge refused to send him to prison on Monday. Madoff’s lawyers have pointed out that he has cooperated fully with officials and […]

GFX Alternatives Launches Multi-Manager Portfolio

New York – GFX Alternatives LLC, a member of the Global Fund Exchange Group, today announced the formation of a new multi-manager portfolio to invest in the dynamic alternative energy investment sector. GFX Alternatives is dedicated to a diversified, global […]

Obama’s Treasury to Restrict Dividends, Executive Pay

New York (HedgeCo.Net) – Financial institutions that have received generous assistance from Congress may be forced to restrict executive compensation and their dividends, if Barack Obama and his new Treasury have their way. “Those receiving exceptional assistance will be subject […]

Detroit Auto Show Sets Stage for New Concepts

New York (HedgeCo.Net) – The glitz and glamour that is usually indigenous to one of the world’s most prestigious car shows will be somewhat absent this year, as the U.S. auto makers instead will focus on what’s to come at […]