Monthly Archives: May 2006
Gap Shortens Between Hedge Funds and Traditional Funds
WEST PALM BEACH, FL (HEDGECO.NET) – Some traditional bond funds have recently started taking up hedge fund strategies to help protect assets in tough market conditions and working them to show a profit whether the stocks are going up or […]
Swiss firm Saurer to fight Laxey at meeting
Reuters – Man Financial Inc, the U.S. arm of Man Group, said on Monday it would “vigorously defend itself” against allegations that it acted improperly in its role as a broker to failed hedge fundPhiladelphia Alternative Asset Management Co. (PAAMCo). […]
Agitator Takes Big Stake in NYSE
New York Post – Atticus Capital, a hedge fund that doesn’t shy away from boardroom drama, is now the New York Stock Exchange’s second-largest shareholder. Atticus, with $12 billion under management, was busy last week buying nearly 2.5 million Big […]
A rising tide
MSNBC – Though venture capitalists resumed sitting on their hands, a flood of private-equity capital, along with one large transaction, meant Metroplex firms raised the most money in the firstquarter since the fourth quarter of 2001. Local firms received a […]
Hedge Fund Report: KKR
Street.Com – The alternative-investment world witnessed a far-reaching change last week when private equity behemoth Kohlberg Kravis Roberts raised $5 billiondollars through an initial public offering on Euronext for one of its investment units. Other private equity firms, including The […]
Heard on the Street: Activist hedge funds win fans
Pittsburgh Post-Gazette – Until recently, most investment banks had little to do with activist hedge funds. Many of these investors were too small to have a chance of succeeding in their quests toshake up companies, and banks were wary of […]
April DOW Jones Hedge Fund Strategy Benchmarks Show Gains
All six hedge fund strategies covered by Dow Jones Hedge Fund Indexes posted net-of-fees gains in April 2006. Equity long/short led the way in April with a net-of-fee gain of 1.78% and continues to be the top performer on a […]
EU Closes Door on Hedge Fund Regulation
WEST PALM BEACH, FL (HEDGECO.NET) – Charlie McCreevy, the EU Internal Markets Commissioner, supported the hedge fund industry yesterday when he ruled out introducing newregulations for hedge funds, telling a European committee that they played a central role in putting […]
Hedge Funds: The New M&A Target?
TheStreet.com – Traditional asset managers want to tap into alternative assets to broaden the services they can offer to investors. More often than not, this leads them to acquire hedge funds, recruit hedge fund managers or incubate new hedge funds […]
US hedge fund ValueAct doubles its MDS stake
Globe and Mail – San Francisco hedge fund ValueAct Capital Partners LP has more than doubled its stake in MDS Inc. in the past 60 days to hold 6.6 per cent of the health sciences conglomerate. In a regulatory filing, […]
Hedge funds take flyers on film
Business Online – IT’S LIGHTS, camera, transaction. Over the past couple of years, hedge funds and investment banks have piled into Hollywood with big money deals. But rather than just lending to the studios, they are betting on potential box […]
Hedge fund glitterati break charity record
London’s prosperous tribe of hedge fund managers trumped their New York rivals on Friday night after turning the annual ARK charity dinner into the richest ever single evening fund-raising event. The fabulous ball at Marlborough House, where 1,000 guests were […]