Monthly Archives: April 2011
Tiger’s Robertson is back with new seeding fund
Reuters – Hedge fund industry legend Julian Robertson is offering outsiders a chance to invest alongside him for the first time in more than a decade through a new seeding fund, two people familiar with the matter said. The new […]
Eze Castle Integration Announces Month-Long “Launching a Hedge Fund” Educational Series
San Fransisco Chronicle – Eze Castle Integration, Inc., a leading provider of IT services, technology and consulting to hedge funds and investment firms, today announced it will host a series of live and virtual events throughout April 2011 to share […]
Massachusetts Pension Cuts Middleman in Hedge Fund Investments
Bloomberg – The Massachusetts state pension fund, which oversees $49.5 billion of assets, will begin bypassing middlemen by directly investing as much as $500 million in hedge funds. The board that oversees the fund, known as the Massachusetts Pensions Reserves […]
Einhorn’s Greenlight Capital down 3.4 pct in first qtr
Reuters – Hedge fund manager David Einhorn’s Greenlight Capital dramatically underperformed U.S. equity markets in the first quarter, dropping 3.4 percent net of all fees and expenses, according to a posting on its affiliate’s website on Monday. According to Greenlight […]
Court Hears Chiesi Express Gratitude, Complement Rajaratnam for ‘Conquest’
CNBC – Former hedge fund consultant Danielle Chiesi, who has pleaded guilty to conspiracy and securities fraud in the Galleon insider trading case, is heard in a newly released audio recording telling her alleged co-conspirator Raj Rajaratnam that their activity […]
Some Hedge Funds Prosper In March; Loeb Scores With CVR Energy, Statoil Fuel
Barron’s – Earthquakes and tsunami in Japan and continuing unrest in the Middle East and North Africa turned March into a difficult month for hedge fund managers. Hedge fund indexes tracked by Bank of America (BAC) Merrill Lynch lost 0.91% […]
GlobeOp indexes to shed light on hedge fund flows
Reuters – GlobeOp Financial Services is launching two new indexes tracking capital flows of a tenth of the world’s hedge funds, putting one of the most opaque segments of the asset management industry under the microscope. GlobeOp will publish monthly reports […]
Regulation 28 to boost hedge funds
Business Report – The recently announced changes to Regulation 28 of the Pension Funds Act, which are effective from July 1 this year, could result in an eight times surge in assets under management in the hedge fund space. Anton […]
Early View: Hedge Funds Posted Positive Performance in March
New York (HedgeCo.net) – Returns for the Credit Suisse LAB Liquid Indices suggest that hedge funds experienced positive performance in March according to Jordan Drachman, Head of Research for Alternative Beta Strategies at Credit Suisse. “The Credit Suisse Liquid Alternative […]
CalSTRS Invests $300M In Trian
emii – The California State Teachers’ Retirement System (CalSTRS) has awarded a new mandate, Pensions & Investments reports. The retirement system has appointed activist hedge fund, Trian Fund Management. The firm, which is run by Nelson Peltz, will manage a […]
Hedge Fund Guru Joe DiMenna, Wife Fund Rehearsal Space, Jazz, Robin Hood
Bloomberg – When hedge-fund manager Joe DiMenna was looking for a symphony to support more than a decade ago, the Orchestra of St. Luke’s in New York caught his ear. Founded in 1975 at Manhattan’s Church of St. Luke in […]
