Monthly Archives: February 2007
British Rail Pension Fund Plans to Invest One Billion In Hedge Funds
HedgeCo.Net (New York) – Railpen, one of the largest pension funds in Britain with £18 billion ($35.3 billion) in assets under management is planning to move at least £540 million ($1 billion) into hedge funds this year. Chris Hitchen, Railpen […]
DaimlerChrysler Wary Of Possible Hedge Fund Takeover
HedgeCo.Net (New York) – DaimlerChrysler announced this month it was considering all options for Chrysler, including a split, but withoutChrysler, the Daimler group could be more of a takeover target for hedge funds. According to CNN Money, the likelihood of […]
Industry leaders gather for Hedge Funds World Conference in Dubai
HedgeCo.Net (New York) – The 8th annual Hedge Funds World Middle East Conference is being held at the Madinat Jumeirah in Dubai. Sponsored by Man investments, the event will play host to some of the biggest names in the alternative […]
Hedge Funds Grow Like Kudzu – Red Herring
CA-Hedge funds seem to be everywhere latelyâ€â€shifting assets into venture capital, capturing headlines, growing assets. Now a study points to a reason: There are lots more of them. The number of single-manager hedge funds increased to 13,675 at year-end […]
Government rejects new rules for hedge funds
WASHINGTON – The Bush administration and top financial regulators pledged increased vigilance over hedge funds Thursday but stopped short of proposing any new regulations to control thetrillion-dollar industry. Instead, the President’s Working Group composed of administration officials and various market […]
Hedge funds remain attractive regardless of returns – Cayman Net News
According to a number of reports, one of the Cayman Islands’ leading financial products, hedge funds, is not as lucrative as many have supposed, but its popularity remains at an all time high. Noted for the risky and exotic nature […]
Permira says hedge funds are serious rivals on bids
FRANKFURT – European private equity group Permira said at the weekend that the growing influence of hedge funds could spoil acquisitions planned by private equity firms in Germany. “Legal protection for minority shareholders de facto works to the advantage of […]
Hedge fund queries governance at Gartmore trust
LONDON (Reuters) – Carrousel Capital, an activist hedge fund trying to shake up Gartmore European, a trust run by star manager Roger Guy, said it is concerned about “apparent conflicts of interest” on the trust’s board. Carrousel, which owns 28.03 […]
Rail pension scheme shifts £540m into hedge funds
Railpen, the giant pension scheme that looks after the retirement savings of 380,000 railway workers, will move at least £540 million into hedge funds this year. In his first interview as chairman of the National Association of Pension Funds (NAPF), […]
Hedge Fund Manager Charged With Fraud
HedgeCo.Net (New York) – A Washington hedge fund manager has been charged with defrauding Maryland investors of $9 million by soliciting moneyfor his hedge funds, LaJon Corp, LaJon Capital Management, LaJon Capital Advisors and LaJon Capital Fund. Attorney General Douglas […]
MFA Applauds PWG and Supports Principles and Guidelines
HedgeCo.net – WASHINGTON, D.C., February 22, 2007 — Managed Funds Association (MFA) said today it applauds the announcement by Treasury Secretary Paulson, chairman of the President’s Working Group (PWG), and supports the PWG’s unanimous agreement on setting forth a common […]
SEC derided for limiting investors in hedge funds
Baltimore Sun – A Securities and Exchange Commission proposal to sharply limit the number of Americans who can invest in hedge funds has triggered a public backlash – and the latest controversy over the booming private investment pools. The agency […]