Monthly Archives: February 2008
Hedge Funds Buy Stakes in Merrill
Wall Street Journal- In addition to bulls and bears, many hedge funds are becoming more familiar with donkeys and elephants. Hedge Funds across the country, including a number with offices in lower Fairfield County, are contributing more money than ever […]
Who Would Have Thought? Hedge Funds Support Barack Obama
West Palm Beach (HedgeCo.Net) – At a crucial time in the race to secure the democratic nomination, Barack Obama is garnering support from the very individuals his tax laws are going to target. Hedge Funds are donating large sums of […]
Och-Ziff Stays Positive Despite Fourth Quarter Loss
West Palm Beach (HedgeCo.Net) – Och-Ziff Capital Management had both good and bad news to give to investors today. The New York based hedge fund recorded a monstrous $774.6 million loss in its first earnings report since its launch in […]
Hedge Fund Opens Office In New York, New Launch
West Palm Beach (HedgeCo.Net)- Canadian Hedge fund Lionhart Ltd. this month announced the launch of a new fund and the opening of an office in midtown Manhattan, New York. Present in the US since 2000, the addition of the New […]
As Blackstone Walks Away From The Banks, Others Will Follow
Blogging Buy Outs- Blackstone cannot be faulted for its creativity the way it can be for its share price. The firm says that it does not need the banks which have walked away from their commitments on several LBO deals […]
Study On Synthetic Hedge Fund Indices
West Palm Beach (HedgeCo.Net)- Synthetic hedge fund indices (SHFIs), also known as ‘hedge fund clones’ were introduced in 2007 following years of academic research. SHFIs are dynamically managed portfolios of liquid assets (also called replicating factors, which usually exist in […]
Hedge fund Elliott accuses rival of espionage
Reuters- Hedge fund Elliott Management Corp sued Cedar Hill Capital Partners LLC on Tuesday, alleging its rival engaged in corporate espionage by misappropriating its proprietary software used for trading. Elliott alleged that Cedar schemed with one of its employees and […]
US hedge fund offers to buy UK’s Mapeley
Financial Times- The long-awaited consolidation of the UK’s publicly listed property sector began yesterday after Mapeley, an outsourcing group, received a takeover approach from US hedge fund Fortress, its majority shareholder. The US investment group is understood to have offered […]
Sailfish hedge fund to shut down
Stamford Advocate- A Stamford hedge fund that has been steadily losing assets since the summer has informed investors that it has begun liquidating its remaining holdings and plans to close up shop for good. Sailfish Capital Partners, a private, multistrategy […]
Hedge funds in softer tone with Japan’s boards
Financial Times- Non-Japanese hedge funds, which have in recent years engaged in acrimonious battles with Japanese boards, are taking a more conciliatory approach in a country where many companies resist foreign interference. The Children’s Investment Fund, a UK-based hedge fund, […]
Hedge funds embrace Obama, donate less to Clinton
Reuters- Hedge funds shifted bets in the hotly contested U.S. presidential race in January when they wrote bigger checks to Democratic contender Barack Obama after favoring his Democratic rival Hillary Clinton in 2007. The $1.8 trillion hedge fund industry donated […]
Using Multiple Prime Brokers – Bad for Economy?
West Palm Beach (HedgeCo.Net) – The Government Accountability Office has said that using multiple Prime Brokers could pose risks to the economy. Currently, most large hedge funds do employ multiple prime brokers to assists in things like trading, lending, as […]