Monthly Archives: February 2008
Hedge fund investors fight back
Cayman Net News- According to a report in the Financial Times (FT), investors in two failed Cayman-registered hedge funds began legal action here on Tuesday in an attempt to seize control of the funds, which they hope to use as […]
Citigroup provides $500 mln credit to hedge funds
Reuters- Citigroup Inc said it has provided a $500 million line of credit to support some fixed-income hedge funds, and as a result moved the funds’ $10 billion of assets and liabilities onto its balance sheet. The Falcon funds are […]
D.B. Zwirn & Co. Takes $2 Billion Hit, Forced to Close Funds
West Palm Beach (HedgeCo.Net) – After more than $2 billion in investor withdrawls, D.B. Zwirn & Co. was forced to liquidate it’s two largest hedge funds. The firms onshore and offshore Special Opportunites Fund, which holds about $4.2 billion in […]
Hedge Funds, Private Equity Groups, Ultra Wealthy Families, Alternative Investors, And Corporate Tax Credit Buyers Discover Section 181 Deal
Imagine investing in an alternative investment where you have a guaranteed rate of return of 35%-70%, before revenues. Lets also kick in 100% Federal Tax Deductions of said investment against ordinary income that has a higher premium and same year […]
CAI’s Two New Investment Strategies
West Palm Beach (HedgeCo.Net)- Choice Alternative Investments, Ltd.(CAI) has introduced two new alternative investment strategies into the market. The first being the Standard & Poor’s DTI, which is a low volatility strategy that works particularly well with very large fixed […]
AQR’s Biggest Hedge Fund Fell Almost 15% Through Mid-February
Bloomberg- AQR Capital Management LLC’s largest hedge fund fell almost 15 percent this year through Feb. 15 as market swings tripped up computer models the managers use to make trades, two people with knowledge of the matter said. The assets […]
Soft commodities seen outperforming other assets
LONDON (Reuters) – Soft commodities will likely outperform other commodity asset classes over the next five years, in large part due to their ties to energy, a senior sugar trader said on Tuesday. Jonathan Boyden, head of sugar trading at […]
Trade Like Hot Hedge Fund, Passport Capital
Street.Com- For many investors, 2007 proved a tough year. Some hedge funds, like the one run by Sowood Capital, went under, while countless funds underperformed the broader market. Even so, some hedge funds, notably Passport Capital, profited hugely. This San […]
Zwirn to Shut Largest Hedge Funds After Clients Pull $2 Billion
Bloomberg- D.B. Zwirn & Co., the New York-based investment firm that was hobbled by disclosures of improper accounting, will liquidate its two largest hedge funds after clients asked to withdraw more than $2 billion. The firm will shut the domestic […]
ANDREW MCKILLOP TO JOIN VERTUS CAPITAL PARTNERS AS DIRECTOR OF RESEARCH
Commission’s Directorate-General for Energy, National Energy Coordinator,Department of Minerals & Energy, Government of Papua New Guinea, Kuwait,Abu Dhabi and Saudi Arabia. "I am happy and proud to be working alongside with Joseph and Craig in thisfast emerging sector of investor […]
Three Canadian Men Face Charges of Fund Fraud
HedgeCo.Net (West Palm Beach) – Three men from British Columbia are being investigated after the executive director of the British Columbia Securities Commission issued a notice of hearing alleging that they defrauded investors by illegally selling millions of dollars in […]
Ouch! The Ten Biggest Losers of Northern Rock
Financial Times – There are no winners from the British government’s decision this week to nationalise Northern Rock, the mortgage lender. There is, however, an embarrassment of losers. Northern Rock is only one of many troubled banks. Even Credit Suisse, […]