Monthly Archives: February 2007
Hedge Funds Jump Into Private Equity
BusinessWeek – Hedge fund magnate Steven A. Cohen is running with a new crowd on Wall Street. After hiring a seasoned private equity dealmaker in December, Cohen’s $12 billion SAC Capital Partners teamed up with buyout king Kohlberg Kravis Roberts […]
McCreevy defends decision not to regulate hedge funds
EurActiv.com – Internal Market Commissioner Charlie McCreevy will not impose specific regulation, despite recent calls by politicians to tighten rules. G7 finance ministers called for vigilance on 10 Feburary 2007 and pointed out the potential risks posed by the fast-growing hedge-fund industry to the stability of […]
Hedge-Fund Critics Suggest Sending in the Clones
Bloomberg – Feb. 22 (Bloomberg) — Five minutes ago, advisers barnacled to the investment industry were championing hedge funds as balm for the swollen deficits afflicting pension funds. Now, the purveyors of contradictory counsel have decided hedge-fund investments are more […]
Senator Obama Backs Hedge Fund Legislaton
HedgeCo.Net (New York) – Senator Barack Obama has backed legislation that would require hedge funds to require their offshore clients toestablish anti-money laundering programs in the same way as other US financial institutions, under regulations to be issued by the […]
Fund of Hedge Funds Launches Trust
HedgeCo.Net (New York) – Fund of hedge funds manager, Gottex Fund Management, announced that they intend to launch a publicly listedclosed-ended investment company, Gottex Market Neutral Trust, which will be listed on London’s main market. All proceeds from a placing and […]
Activist Hedge Fund Wants Dutch Bank To Sell Assets
HedgeCo.Net (New York) – The Children’s Investment Fund Management, a $3.8 billion hedge fund launched in 2003, announced in a letter to Dutchbank ABN AMRO that they believe the bank is undervalued and should sell some of its assets, merge […]
Funds: BNP chief scrambles to stay competitive
PARIS: Gilles Glicenstein, chief executive of BNP Paribas Asset Management, said that hedge funds are forcing him to offer more specialist investments and consider acquisitions in emerging markets and the United States. Glicenstein, who oversees €326 billion, or $428 billion, […]
Growth Spurt For Canadian Hedge Funds – FT Alphaville
Canadian hedge funds are experiencing unprecedented growth in several niche areas, reports blackenterprise.com, and foreign based funds are also becoming more active in Canadian markets. While Canada’s hedge fund sector has been overshadowed by its American peers, the Canadian market […]
Investors zing SEC on hedge fund rule – Los Angeles Times
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 boomingprivate investment pools. The agency has received hundreds of […]
Hedge fund TCI seeks ABN AMRO break-up
AMSTERDAM/LONDON- British hedge fund TCI believes Dutch bank ABN AMRO is significantly undervalued and should be broken up. ABN should explore all options to merge, sell or spin off some of its assets or potentially the whole business, TCI Fund […]
Investor Analytics Offers Next Generation Risk Analysis to Hedge Funds
Hedgeco.net-New York, February 20, 2007– Investor Analytics LLC, a leading risk analysis and risk management specialist to the hedge fund industry, today announced significant additions to its suite of risk services that reflect the company’s strong connections to innovative research. […]
What JetBlue Can Teach Hedge Funds
LAST WEEK’S FIASCO at JetBlue left its customers enraged and its CEO “mortified.” But beyond the outrage of passengers who sat nine hours on the tarmac and went nowhere while their baggage took off for parts unknown, there are lessons […]