Monthly Archives: February 2010

The Huffington Post – In August 2009, just one month after the state of California cut over a billion dollars from its higher education budget, the University of California (UC) turned around and lent the state $200 million. When journalists […]

CityBizList – According to three amended filings with the U.S. Securities and Exchange Commission, Atlanta-based Masters Capital Management LLC has raised a total of $206.4 million for three uncapped hedge funds. Pooled investment fund interests amount to $145.66 million for […]

Crain’s New York – Since last fall, executive recruiter Claude Schwab, partner at hedge fund hiring expert Heidrick & Struggles, has been fielding numerous calls from fund managers “exploring their options.” It was a new twist for the industry veteran, […]

WSJ – BlueCrest is considering closing one of its best performing funds to new investors in a sign that the sector has experienced a marked turnaround in fortunes, with investors looking to invest money into established blue-chip hedge fund managers. […]

Professional Pensions – Hewitt Associates has reported a doubling in the number of hedge fund manager searches during 2009 in comparison with the previous year. The consultant said the hedge fund industry had been hit by significant redemptions from investors […]

Bloomberg – Hedge-fund and private-equity managers may be asked to give back “more than 20 percent” of their bonuses under changes sought by two European Union lawmakers to draft rules governing the industry. The Alternative Investment Fund Managers Directive, proposed […]

The Business Insider – Citigroup is looking to sell its Citi Private Equity unit, according to Bloomberg, and hoping to raise as much as $10 billion in the process. The first, obviously, is the cash. It will help with its […]