Monthly Archives: February 2008
World’s largest hedge fund firm now in India
Business Standard- Renaissance Technologies, the world’s largest hedge fund firm handling assets worth $35.4 billion (Rs 1,41,600 crore), has received approval from the Securities and Exchange Board of India (Sebi) to operate in the Indian stock markets as a foreign […]
Citigroup Gives $500 million Push to Hedge Fund
West Palm Beach (HedgeCo.Net) – Only one month after Citigroup halted investor redemptions on their CSO hedge fund, they are jolting their Falcon Strategies funds with $500 million. As a result, the $10 billion in assets that the funds oversee […]
New York Hedge Fund Spends $27 Million On Alvarion
West Palm Beach (HedgeCo.Net)- After buying a $27 million stake in Alvarion, New York-based hedge fund Renaissance Technologies Corporation has become a party at interest with 5.76% of the company. With a market cap of $480 million, Israeli company Alvarion […]
UAE and Qatar Hedge Fund Boom
West Palm Beach (HedgeCo.Net)- According to research conducted by banking group Mirabaud, the Middle East is set to become increasingly active in the global hedge fund industry, with the UAE and Qatar playing potentially dominant roles in the region, the […]
UBS to pour $1 billion into Chinese property
HONG KONG (Reuters) – UBS plans to launch a fund that will pour about $1 billion (500 million pounds) into Chinese property, a further sign of enthusiasm for Asia at a time when investors are nervous about ailing European and […]
Hedge Funds Feel New Heat
Wall Street Journal- The past decade has been the era of the hedge fund, as investors snapped them up for their track record of beating the market with often highly complex trades. But now, as the credit crunch upends financial […]
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 […]