Monthly Archives: February 2007
Growth in Hedge Fund Consultancy Firm
HedgeCo.Net (New York) – Hedge fund consultant InvestTech Systems Consulting announced that it has recently hired three new consultants to its team of experts. Sal Auditore and Glenn Babakian have joined as Senior Consultants, and Chad Fetters has signed on […]
German minister appeals to hedge fund managers
Jurnalo – German Finance Minister Peer Steinbrueck urged hedge fund managers to show greater awareness of the political consequences of their dealings as the world’s richest nations met to discuss the issue at a conference in Germany. “If a […]
Former Hedge Fund Executive Enters Plea
New York Times – The former head of Idaho hedge-fund company, Wood River Capital Management, pleaded not guilty yesterday to securities fraud and other charges after investors lost at least $88million when two of its funds collapsed in 2005. John […]
Hedge Funds Begin to Show Up on Regulators
Washington Post – For years, hedge funds barely registered on the Washington agenda, and that was just the way they liked it. These investment pools designed for wealthy individuals flourished in the shadows: They collected more than $1 trillion; seized […]
Hedge Fund Makes Over $83 Million off YouTube Sale
HedgeCo.Net (New York) – The numbers are in, Google revealed in a filing with the Securities and Exchange Commission just how much the hedge fund investors, founders and early employees of YouTube made when it was bought by Google for […]
Hedge Funds Require Cewe Color CEO’s Resignation
HedgeCo.Net (New York) – Two US hedge funds, K Capital and M2 have recently revealed that they own more than 16% of Europe’s largest film processing company Cewe Color. Inan unexpected move the hedge funds are asking for the resignation […]
Hedge Funds & Oil Predictions
HedgeCo.Net (New York) – OilandGasStockNews.com, an investor and industry news portal released the oil and gas trends predicted for hedge funds this year. In the ‘InsidersCorner’ an interview with Michael Brush, had investors considering “Investors had big bets on energy […]
Trowbridge Selects Welton for New Fund Tailored for Illiquid High Net Worth Investors
Trowbridge Management today announced the availability of its new Trowbridge Global Fund, a managed futures fund specifically tailored to the illiquid high net worth investor. “The Global Fund was influenced by two factors,†said Stan Dickson, President of Trowbridge Management. […]
ABSOLUTE RETURN New Funds Survey for 2006 show new hedge fund launches slow
The Absolute Return New Funds Survey for 2006, published in the February issue of Absolute Return magazine, shows that new hedge fund launches in the U.S. slowed for the second year in a row. Lastyear, the 86 largest hedge fund […]
State Street to buy Hub investment firm: $4.5B stock deal would make them leader in services for hedge funds
Patriot Ledger – After searching in the last two years for another major acquisition, State Street Corp. CEO Ron Logue finally found what he was seeking just a mile from his office. State Street unveiled plans yesterday to buy Boston-based […]
Fortress flotation prompts investor frenzy
MSN MoneyCentral – Fortress Investment Group, which on Thursday will become the first US hedge fund and private equity group to go public, is generating intense demand for its shares among investorsanxious to grab a slice of the flotation, which […]
The stars dim a bit
Boston Globe – Convexity Capital Management, the record-setting hedge fund launched by former Harvard Management Co. stars famous for beating the markets, couldn’t keep up in 2006. Convexity’s $6 billion hedge fund offers clients a variety of investment strategies. Each […]