Monthly Archives: May 2012
Facebook investors face anxious first full week of trading
Telegraph – The Silicon Valley company will embark on its first full week as a public company, overshadowed by concerns about its lacklustre multi-billion debut on Friday. It is feared demand for the shares may also be hit by Europe’s […]
Institutional clients prod hedge funds for more transparency, due diligence
Pensions & Investments – Hedge funds are becoming more “institutionalized” as they respond to greater demands for transparency and due diligence from pension funds and other institutional clients, according to a new survey report by KPMG and the Alternative Investment Management Association. […]
Hedge funds dump $2 billion in gold over a week: CFTC
Reuters – Hedge funds and other money managers liquidated more than $2 billion in gold futures over a week, trade data on Friday showed, before a forceful rebound in the precious metal potentially tripped up some of them. The majority […]
Survey: Institutional Investors Spur Hedge Funds to Grow Operational Infrastructure and Increase Transparency
New York (HedgeCo.net) – A new global report by KPMG and AIMA covered 150 managers with $550bn in assets under management. Some fundings include * Almost 60% of global assets under management are now from institutional investors * Nearly 90% of […]
Hedge Fund Giant Man Group Pays 142.8 Million For FRM Holdings
New York (HedgeCo.net) – Man Group is set to pay up to $142.8 million dollars for FRM Holdings, a global hedge fund research and investment specialist with funds under management of approximately $8.0 billion. Man and FRM’s combined multi-manager business will have […]
Lessons From a Hedge Fund Conference
Bloomberg – Every year, the Ira Sohn foundation invites a group of esteemed money managers to present investment ideas to raise money for pediatric cancer and other children’s illnesses. And every year, those ideas are picked over by investors like jackals around […]
SEC begins investigation into US hedge fund Magnetar
The Bureau Of Investigative Journalism – The hedge fund Magnetar helped create billions of dollars’ worth of risky deals called collateralized debt obligations, many of which failed spectacularly in the financial crisis. Magnetar, meanwhile, had taken positions that allowed the firm […]
Ex-MD in equity capital markets: ‘It’s a bit like insurance fraud’
Guardian – “Much of investment banking is not about being a brilliant fisherman. It’s about muscling into a spot on that riverbank where you can throw your net out. Getting into the money flow. Have you watched the Sopranos? Making […]
SEC looking at hedge fund as part of CDO inquiry
Reuters – U.S. securities regulators are investigating the hedge fund Magnetar Capital for its role in putting together packages of consumer loans that big banks sold as bonds before the financial crisis, sources confirmed on Thursday. The Wall Street Journal […]
Slam dunk: How high will Facebook take Chris Hansen’s hedge fund?
CrossCut – When Facebook goes public Friday morning, one large beneficiary will be San Francisco hedge fund founder Chris Hansen, who is also negotiating with Seattle and King County to obtain $200 million of low-interest and presumably tax-free public financing […]
Hedge Fund Stars Gundlach and Einhorn Have a Sixth Sense
Forbes – At the Ira Sohn conference Wednesday, rock star investors gave their best picks to a well-dressed group of 2000 attendees from hedge funds and mutual funds around the world. At the 17th Annual Conference, where proceeds go to […]
Hedge Fund Mergers & Acquisitions: Bryn Mawr Bank / Davidson Trust Company
New York (HedgeCo.net) – Bryn Mawr Bank Corporation, parent of The Bryn Mawr Trust Company, today announced the completion of its previously announced acquisition of the Davidson Trust Company from Boston Private Financial Holdings, Inc. and members of the Company’s management group. The acquisition increases […]