Monthly Archives: May 2009
Gottex says buys SJC Capital Partners
Forbes – Gottex Fund Management Holdings Ltd has bought a controlling interest in SJC Capital Partners, a U.S.-based investment management firm. The fund of hedge funds provider said SJC founder and Chief Investment Officer Stephen Czech and his team would […]
Hedge Fund Manager Released to Parents Custody
West Palm Beach (HedgeCo.net) – The Connecticut-based hedge fund manager who had his assets frozen by the SEC last month, Francesco Rusciano, was released to the custody of his parents on a $500,000 bond after a federal court hearing. According […]
Einhorn’s Greenlight Hedge Fund Purchases Ford Debt
Bloomberg – Greenlight Capital Inc., the hedge- fund firm run by David Einhorn, added to its holdings of Ford Motor Co. debt in the first quarter and invested in EMC Corp., Harman International Industries Inc. and Pfizer Inc. The hedge […]
Market turmoil seen fueling hedge fund launches
Reuters – A wave of hedge funds are being launched this year by traders as the financial crisis fuels a shakeout of talent from Wall Street banks and big investment firms, an industry executive said. Record redemptions last year prompted […]
Blunders of the banks blamed on hedge funds
Business Day South Africa – When people are asked about the culprits behind the financial crisis, many reply “the hedge funds”. This is curious because, unlike the banks, the hedge funds have not caused much damage to the world economy. […]
Concerns raised over EU hedge fund rules
ninemsn – The European Union’s attempt to regulate hedge funds will affect other classes of alternative investment such as real estate funds and investment trusts, lawyers studying the fine print of the new rules have warned. They could also lead […]
MTM Looking To Offshore Hedge Funds For US Real Estate Deal
West Palm Beach (HedgeCo.net) – U.S. hedge fund manager MTM Global Financial Services is looking for an offshore hedge fund partner. In order to raise approximately $50 million in capital for a REIT fund focused on newer US residential real […]
Twittering their way to smarter trades
ReportonBusiness.com – When Tom Liston needs insight on one of India’s largest companies, he doesn’t pick up the phone to call a long-cultivated, top secret source – he logs on to Twitter to check up on a stranger who broadcasts […]
Rebel revolution for Regis
Business Spectator – A group of three former Equigold executives have successfully staged a boardroom coup, replacing the board of Regis Resources in a requisitioned meeting held in Melbourne earlier today. Mark Clark, Equigold’s former managing director, Nick Giorgetta, the […]
VP Biden Hedge Fund Scandal: Why There’s Nothing Anyone Can Do To Prevent It
BNET – A hedge fund Ponzi scheme scandal is breaking in the blogosphere – and it goes right to the top of political power. A little while ago, blogger John Hempton, who writes Bronte Capital, a finance blog, started sniffing […]