Monthly Archives: February 2008
Hedge funds check into OEH
Times of India- On the face of it, the battle for control of the much-talked-about Orient Express Hotels is inching towards a nail-biting climax. The Bermuda-based luxury hotel chain has come under the scanner of three hedge funds, all of […]
London Hedge Funds Brace Themselves for Darling’s Next Move
HedgeCo.Net (West Palm Beach) – Prominent hedge funds and private equity firms in London have a bad taste in their mouth after a whirlwind of tax scares imposed by British government. UK Chancellor Alistair Darling once again flip-flopped regarding increased […]
MAM Hedge Fund Launch
West Palm Beach (HedgeCo.Net)- Martin Asset Management announced the launch of the MAM Global ETF Fund, LP (a domestic Delaware Limited Partnership). The MAM Global ETF Fund is set to launch on February 15th, the new hedge fund features monthly […]
Rock investors ‘may get nothing’
Daily Post- Investors in stricken bank Northern Rock are facing the prospect of getting next to nothing for their shares after the Government’s decision to nationalise the lender. The bank’s shareholders – including more than 100,000 small investors – could […]
Hedge Fund Vehicle Dexion Absolute Raises $263 Million
West Palm Beach (HedgeCo.Net)- Dexion Absolute, a 1.4 billion pound ($2.7 billion) fund of hedge funds (FoHF) announced today that it raised a further $263 million for its hedge fund investments. Dexion had previously raised $950 million above its original […]
Profit-seeking hedge fund pushing for Big Sky Airlines sale
Missoulian- The decision to kill Big Sky Airlines may not be based entirely on the airline’s profits or losses. The little company may be a pawn in a larger game by investors to claim the profits of Big Sky’s parent […]
Orient-Express becomes hedge funds
Economic Times- Amid speculations that Indian conglomerate Tatas may soon come out with a takeover bid, the global luxury hotel chain Orient-Express is seeing a rush of hedge fund investors seeking a play in any potential deal. At least three […]
Citigroup not Banking on Hedge Funds
HedgeCo.Net (West Palm Beach) – Citigroup has put a halt on investor withdrawls from CSO Partners, a hedge fund specializing in corporate debt. The decision came about after investors tried to clear out 30% of the fund’s $500 million in […]
Hedge funds push for Rock nationalisation
This is Money- The biggest shareholders in Northern Rock are threatening to block a rescue package from Sir Richard Branson – and force nationalisation. SRM Global and RAB Capital, the hedge funds which together own 19.68% of the […]
Hedge Funds On Track To Set New Record For Activist Campaigns
CNNMoney.com- Efforts by hedge funds and other activist investors to fight for board seats, oppose mergers and otherwise shake up companies is on track to beat last year’s record levels, contrary to expectations that activity would dry up due to […]
ASX probes hedge collusion
NEWS.com.au- The Australian Securities Exchange yesterday signalled that it would investigate allegations that hedge funds are colluding to push down the shares of major Australian companies. ASX head of supervision Eric Mayne yesterday said he would be investigating market rumours that […]
Meisenbach hedge fund liquidates amid investor shift
Reuters- Meisenbach Capital, a $125 million California hedge fund, is liquidating after 16 years in business, a move that reflects challenges facing smaller fund managers as investors flock to larger funds. Founder Mark Meisenbach told investors in a Feb. 11 […]