Monthly Archives: January 2005
Crystalline launches Amethyst Offshore Arbitrage Hedge Fund
WEST PALM BEACH, FL (www.hedgeco.net) – Montreal based hedge fund manager Crystalline Management Inc., has launched a new hedge fund. The new portfolio is an offshore version of the AmethystArbitrage Hedge Fund, a flag ship product of the firm. The […]
Former CSFB Asia Pacific Chairman to launch new Hedge Fund
WEST PALM BEACH, FL (www.hedgeco.net) – Former CSFB Chairman for Asia Pacific, Stephen Stonefield is gearing up to launch his own hedge fund. Stonefield was also a former member of the CSFB executiveboard according to news reports. His new firm […]
German Hedge Fund Association defends Hedge Funds
WEST PALM BEACH, FL (www.hedgeco.net) – The head of the German Hedge Fund Industry Association (BVI) has come to the defense of hedge funds, amidst critics charges that hedge funds flopped inGermany. Alex Benkner, the head of BVI explained that […]
Icahn Partners LP falls short of the $3 billion target for a new Hedge Fund
WEST PALM BEACH, FL (www.hedgeco.net) – Financier Carl Icahn has fallen short of his projected $3 billion target for his new hedge fund, Icahn Partners LP. According to the filings with the USSecurities and Exchange Commission {SEC}, Icahn Partners has […]
Deutsche Bank to Spin-off Hedge Fund unit
WEST PALM BEACH, FL (www.hedgeco.net) – Deutsche Bank Advisors has announced it will be spinning of its hedge fund proprietary hedge fund operation, GSA Capital, an assets management subsidiary basedin London. The unit is made up of 16-member staff, drawn […]
Hedge Funds play dominant role in US Distressed Debt Trading
WEST PALM BEACH, FL (www.hedgeco.net) – Hedge funds now wield significant influence over trading in US Distressed debt according to a recently released study conducted by Greenwich Associates, analternative investment advisory firm. According to the study, hedge funds now account […]
T&D Asset Management to launch new Hedge Fund
WEST PALM BEACH, FL (www.hedgeco.net) – T&D Asset Management has announced plans to launch a new hedge fund. According to the press release, the Asset Manager will introduce a new fund of hedgefunds vehicle with the hope of capturing the […]
Unit of Mellon Financial Corp Buys Hedge Fund Administrator
WEST PALM BEACH, FL (www.hedgeco.net) – Mellon Financial Corp. said it agreed to buy DPM, a hedge fund administrator based in Somerset, New Jersey. The transaction is slated to close in the firstquarter according to the report. DPM oversees over […]
Former Goldman Sachs Managers launches new Hedge Fund
WEST PALM BEACH, FL (www.hedgeco.net) – Three former Goldman Sachs managers Girish Reddy, Gavyn Davies and Thomas Healey have announced the formation of Prisma Capital Partners, LP. The new hedgefund of funds has over $1.5 billion in assets under management […]
Ex-Soros Manager starts new Hedge Fund
WEST PALM BEACH, FL (www.hedgeco.net) – Mike Donatelli, a former manager with Soros Funds has launched his own hedge fund. The new fund is called EAC Partners, and was put together with six otherpartners according to the report. Donatelli managed […]
Korean Group Calls for Taxation of Foreign Hedge Funds
WEST PALM BEACH, FL (www.hedgeco.net) – A Korean civic group is calling on the Korean Government to institute special taxation for foreign based hedge fund companies doing business in the country,such as the Lone Star and Newbridge Hedge Fund firms […]
Diller / von Furstenberg Family Office Acquires Stake in Alternative Manager Landmark Investors, LLC
Baron Advisors LLC announced that it has sold a minority stake in its private alternative asset management affiliate Landmark Investors LLC to Arrow Partners, the family office of Barry Diller andthe von Furstenberg family. Landmark Investors is the sponsor of […]