Monthly Archives: February 2008

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 […]

Hedge Funds Could Make or Break Delphi

HedgeCo.Net (West Palm Beach) – Bankrupt auto parts maker Delphi may have to look elsewhere in their quest to secure $6.1 billion in exiting financing.  While a deal was originally struck with Appaloosa Management, the continuing credit crisis is causing […]

Mathur Rejects Plea Bargain, Instead Faces 20 Years

HedgeCo.Net (West Palm Beach) – A massachusettes man who defrauded investors out of millions has rejected a plea bargain that could have cut his prison sentence in half.  Arthur Mathur, 37, who could face 20 years in prison, promised investors […]

London Is Favorite for Emerging Market Hedge Funds

Bloomberg – Hedge funds investing in emerging markets pick London as their domicile more often than any other location, the Financial Times reported, citing Hedge Fund Research of Chicago. Thirty-one percent of such funds choose the U.K. capital, against 27 […]

Cocoa Posts Longest Rally in Two Decades as Funds Buy

Bloomberg -Cocoa advanced for a 12th day in London, the longest winning streak since at least 1989, as chocolate makers locked in supplies to hedge against further gains. White sugar and robusta coffee also gained. Cocoa, which reached its highest […]

London Is Favorite for Emerging Market Hedge Funds

Bloomberg- Hedge funds investing in emerging markets pick London as their domicile more often than any other location, the Financial Times reported, citing Hedge Fund Research of Chicago. Thirty-one percent of such funds choose the U.K. capital, against 27 percent […]

Fear of embarrassment fuels funds of funds expansion

European funds of hedge funds are taking advantage of increasing demand from US pension schemes, which have grown wary of direct investment in hedge funds. GAM, a fund manager owned by Swiss bank Julius Baer, opened its fund of hedge […]