Monthly Archives: April 2011
Elliott piles pressure on UK targets
City AM – Activist hedge fund Elliott Advisors has stepped up its assault on two UK companies after garnering the support of extra shareholders. At National Express, where it has built up a 17 per cent stake and called for […]
Paulson, at $4.9 billion, tops hedge fund earner list
Reuters – The richest 25 hedge fund managers made a bit less money last year. But don’t cry too hard. Collectively, this privileged class of traders did quite well for itself — raking in some $22 billion in compensation, according […]
RAB Capital debuts mining and gold funds
Reuters – RAB Capital is to launch two new investor-friendly hedge funds with $100 million of seed capital, as the hedge fund firm battles to recover clients it lost during the credit crisis. The two new “Ucits” funds — Europe-based […]
Hedge Fund Launch: Equity Partners Fund
A private investment group has been launched to seek direct and indirect investment opportunities in non-listed and publicly traded international securities. Cayman Islands based Equity Partners Fund SPC has established both a segregated portfolio company and has several portfolio companies […]
Medley Capital Acquires Hedge Fund Manager Viathon
New York (HedgeCo.net) – NY-based Medley Capital LLC has announced the acquisition of credit hedge fund manager Viathon Capital LP and all its related entities. “This transaction combines the analytical and credit strengths of the two organizations.” Brook Taube, Managing […]
Top 25 Hedge Fund Managers Take in $22 Billion in 2010
CityBizList – After seeing his record 2007 payday shattered by David Tepper in 2009, John Paulson has reclaimed the title of highest-paid hedge fund manager. The Paulson & Co. chief earned a whopping $4.9 billion in 2010, according to AR magazine’s […]
New UCITS Hedge Fund Launch
New York (HedgeCo.net) – The Act II Specialist Equities fund, an innovative fund of the Act II SICAV, has been launched, with daily liquidity that will precisely follow the investment strategy of the Cayman based Act II Capital Fund and […]
Ex-StanChart Bankers Start Credit Hedge Fund as Market Grows
Bloomberg – Sentosa Capital Pte, run by former bankers who started Standard Chartered Plc (STAN)’s fixed-income and capital markets businesses, is setting up a hedge fund to trade Asian debt as it targets an “underserved investment segment.” The Singapore-based firm is […]
Ex-Goldman trader launching $1 bln-plus fund Friday
Reuters – Former Goldman Sachs trader Morgan Sze is set to launch his highly anticipated $1 billion-plus hedge fund in Hong Kong on Friday, three sources familiar with the plan told Reuters. Sze’s Azentus Capital has received commitments of more than […]
Jeffrey Matthews Interview on Sokol, Buffett
Bloomberg – Jeffrey Matthews, founder of hedge fund Ram Partners LP and author of “Pilgrimage to Warren Buffett’s Omaha,” talks about the resignation of David Sokol from Berkshire Hathaway Inc. Sokol, once a candidate to succeed Warren Buffett as the […]
Highest-Paid 25 Hedge Fund Managers Got $22 Billion, NYT Says
Bloomberg – The highest-paid U.S. hedge fund managers at some of the biggest and best-performing funds got slightly over $22 billion in pay last year, the New York Times reported, citing an annual ranking by AR Magazine. That compares with ten […]
After Quake, Hedge Funds Go Long on Japanese Equities
Advanced Trading – Goldman Sachs employees may be trying to flee their Tokyo digs , but hedge funds apparently can’t get enough of Japan right now. Prior to the earthquake, hedge funds bet heavily on Japan’s equity markets to falter. Many […]
