Monthly Archives: February 2010
A banner year for hedge funds
CNN Money – It looks like risk is back. The hedge fund industry had a phenomenal 2009, with a return of 18.6%, for its greatest rebound in 15 years, says a report from industry research firm Credit Suisse Tremont. Even […]
KTOs Plans to Invest $330 Million in Startup Asian Hedge Funds
BusinessWeek – KTOs Capital Partners Co., a Japanese fund of hedge-fund advisory firm, aims to raise and invest 30 billion yen ($333 million) this year in new Asian hedge funds being established as global financial crisis ebbs. Satoko Koshida, founding […]
ASIC must move quickly on Trio fund
Sydney Morning Herald – When there are two sets of accounts with widely varying outcomes it is hard to avoid an ugly possibility: some form of fraud has been afoot. This is the proposition investigators of Trio Capital are now […]
Hedge funds turn on Euro stocks
Telegraph – A raft of European banks, healthcare companies and property firms have attracted a sudden spike in “short positions” over the past two weeks, according to figures from DataExplorers. Financial stocks, considered to be in the frontline in the […]
$4.51 Billion Allocated To Hedge Funds In January
New York (HedgeCo.net) – Performance losses reduced total hedge fund assets, but investor flows were net positive in January; a positive sign for the industry, according to an early estimate for January 2010 hedge fund asset flows and performance by […]
Hedge Funds Hire As Confidence Returns
WSJ – Some of London’s largest hedge fund managers are stepping up their hiring, adding traders and sales people from investment banks, as well as from their smaller fund manager peers. Among the most active recruiters in recent months have […]
Och-Ziff net loss narrows as incentive fees kick in
MarketWatch – Och-Ziff Capital Management Group, one of the world’s largest hedge-fund firms, reported a narrower quarterly net loss Thursday as lucrative incentive fees kicked in after a period of strong performance. The results exceeded analyst expectations, pushing Och-Ziff shares […]
Africa and Middle East Manager Targets New Investors for Award Winning Hedge Fund
London (Press Release) – Insparo Asset Management (Insparo) has bucked the industry trend by offering shorter redemption terms for its outperforming Africa & Middle East fund. The Insparo Africa & Middle East Fund returned 31.4% in 2009, significantly outperforming the […]
Avenue To Float $3B Distressed Debt Fund
Bloomberg – Avenue Capital Group, the New York- based company started by Marc Lasry, is raising a new fund to invest in distressed debt, according to a person familiar with the discussions. The company, which has about $18.5 billion of […]
Orchard Capital targets new $500 mln Asia hedge fund
Reuters – Hedge fund manager Orchard Capital Partners, which spun-off Stark Investments in 2009, said it has launched a new long/short fund on Thursday which it aims to grow to $500 million in two-three years. The fund, Orchard Gemini, which […]