Monthly Archives: February 2008
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 […]
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 […]