Monthly Archives: February 2011
People Moves: Swiss Hedge Fund Tech Firm Expanding
Swiss hedge fund IT firm, AlternativeSoft, has appointed Sagar Amlani as Quantitative Account Manager and Tatja Karkkainen in Sales for its global market presence. “With institutional investors bolstering their commitment to hedge funds, minimizing the downside volatility associated with hedge […]
Nominations open for European hedge fund awards
Hedge Funds Review – Nominations have opened for the Eleventh European Performance Awards. This year Hedge Funds Review recognises the importance of Ucits hedge funds, adding a section exclusive to this vehicle. The one-year performance awards highlight a variety of strategies […]
Hedge Funds Gird to Fight Proposals On Disclosure
WSJ – Hedge funds are gearing up to take on proposed rules that would force them to turn over more data about their trading positions to the U.S. government. Regulators will be required to keep the information they gather confidential, […]
Smurfit-Stone investor funds oppose Rock-Tenn deal
Reuters – A group of hedge funds that owns a combined 9 percent stake in Smurfit-Stone Container Corp said it would vote against Rock-Tenn Co’s $3.5 billion deal to buy the packaging and paper company. Third Point, Royal Capital Management and Monarch […]
Steven Cohen To Investors: Don’t Sweat The Feds
Forbes – How do you know when you’re filthy rich and untouchable? When you’re Steven Cohen and you’re telling investors not to worry about all the subpoena nonsense being brought by the Feds. Cohen, head of $12 billion hedge fund […]
Hedge boss’ brother cited in NY probe
WSJ – The government has identified the brother of one-time billionaire hedge fund founder Raj Rajaratnam as a co-conspirator in what authorities have called the biggest hedge fund insider trading case in history, a person familiar with the probe said […]
Wall St talent aims for hedge funds as rules bite
Reuters – The usual flurry of brokerage firm traders seeking to join hedge funds after the payout of annual bonuses could be more of a blizzard this year, with compensation shrinking on Wall Street and a regulatory crackdown in the […]
Hedge Fund Launch: Brandes’ Emerging Markets Equity Fund
New York (HedgeCo.net) – Brandes Investment Partners, L.P. (Brandes) announced today the launch of its Emerging Markets Equity Fund (the “Fund”). The Fund is a mutual fund targeted to long-term investors seeking a disciplined, conservative approach that focuses on valuations […]
ALTIN Announces Hedge Fund Holdings
New York (HedgeCo.net) – ALTIN AG disclosed its entire hedge fund portfolio holdings as part of its policy of full transparency to investors initiated in 2009. The portfolio, featuring over 35 underlying hedge funds, and representing 10 investment strategies, is […]
Hedge Fund Managers Steve Cohen and Marc Lasry Turn Down Offers To Buy The Mets
Business Insider – Forbes’ Mike Ozanian reports that Fred Wilpon reached out to Steve Cohen of SAC Capital and Marc Lasry of Avenue Capital to offer them a stake in the New York Mets, but that both billionaires turned him down. […]
Why Dinan Worries About Fate of Small Hedge Funds
DealBook – For the head of a multibillion-dollar hedge fund, James G. Dinan worries a lot about the fate of the industry’s littlest players. Mr. Dinan, the chief executive and founder of York Capital Management, said in a speech on Monday […]