Monthly Archives: February 2008
Russia’s Da Vinci to list fund in London
Reuters- Da Vinci Capital Management, founded by former Renaissance Capital banker Oleg Jelezko, plans to list its fund investing in ex-Soviet states in London in March this year to raise up to $200 million (100 million pounds). The company’s managing […]
Hedge Funds Pocket Easy Gain on Northern Rock Drop
Bloomberg- Lansdowne Partners Ltd. and LNG Capital LLP were among investors that profited from an “easy” bet over the past year on the 93 percent decline in Northern Rock Plc, the bank being nationalized by the British government. Northern Rock’s […]
Hedge Funds Holding Up Investors Face Involuntary Bankruptcy
Bloomberg- Ritchie Capital Management LLC, the operator of four hedge funds that failed since 2006, is fighting what may be an unprecedented bid by investors to recover their money by forcing one of the funds into bankruptcy. If the effort […]
HedgeCo Expands Hudson Event – Offers Free Access to All Qualified Investors HedgeCo.Net
New York – February 19, 2008 — Due to the large number of responses from qualified investors, HedgeCo Networks is expanding its first annual investors summit. The Hudson Event, which will take place on Thursday, March 20th, is free and […]
HedgeCo Expands Hudson Event, Offers Free Access to All Qualified Investors
New York – February 19, 2008 – Due to the large number of responses from qualified investors, HedgeCo Networks is expanding its first annual investors summit. The Hudson Event, which will take place on Thursday, March 20th, is free and […]
Hedge Fund May Be Forced to Open Up Books
HedgeCo.Net (West Palm Beach) – Ritchie Capital Management may be forced to deliver a lot more than an apology, if investors have their way. The company, who operates four hedge funds, is fighting an involuntary bankruptcy brought on by investors […]
Salus Alpha launches two new UCITS III Ever Green Funds
Last year Salus Alpha made history with the launch of the Salus Alpha Equity Hedged, the first UCITS III compliant Long/Short Equity Fund worldwide, which made it possible for private investors to profit from long/short strategies. Investors’ positive reactions to […]
Hedge Funds Stuck Between a Rock and a Hard Place
HedgeCo.Net (West Palm Beach) – Two prominent hedge funds are in talks to sue the UK government over the nationalization of Northern Rock. SRM Capital and RAB Captial, who own over 20% of Northern Rock’s shares, fear that the ensuing […]
Centaurus Capital Raises Stake In UK Waste Management
West Palm Beach (HedgeCo.Net)- Centaurus Capital Ltd. announced an increase in their stake in Biffa PLC to 4.23%. The London-based hedge fund bought about 1.15 million shares in two tranches, lifting its stake to about 14 million shares, or 3.75%. […]
Asia-Pacific Hedge Fund Index Launch
West Palm Beach (HedgeCo.Net)- Index compiler MSCI Barra announced today that it is to launch the MSCI Asia-Pacific Hedge Fund OPTIX Index, a new investable hedge fund index designed to reflect the overall structure and composition of the Asia-Pacific hedge […]
Hedge funds go to the movies
Mail Tribune- A spinoff of Jim Carrey’s smash hit "Bruce Almighty," the film starred Morgan Freeman, reprising his role as God, and Steve Carell, one of Hollywood’s hottest comedians. But "Evan Almighty" turned out to be a dud, with an […]
Citigroup bars investor exits from hedge fund
Reuters- Citigroup has suspended investor withdrawals from a $500 million (256 million pound) credit hedge fund to give it a chance to "stabilize," a bank spokesman said on Friday. The London-based fund, called CSO Partners, was facing investor redemptions after […]