Monthly Archives: July 2012
Canyon Value Hedge Fund Up 10.4% Year to Date
Value Walk – Canyon Partners manages over $19 billion in assets. The firm was started by ex-Drexel Burnham traders; Josh Friedman , Mitchell Julis. The flagship hedge fund is the Canyon Value Realization Fund. According to sources with direct knowledge of the matter, […]
Ex-Goldman trader in Asia plans credit hedge fund
Reuters – Former Goldman Sachs managing director in Hong Kong Christopher Mikosh is preparing to launch a credit hedge fund by the fourth quarter of this year or early 2013, sources said on Thursday, lifting prospects for the $127 billion […]
Israel belatedly joins the global hedge fund boom
Harretz – Globally, hedge funds control about $2.3 trillion in assets, compared to $23.8 trillion for mutual funds at the end of 2011. While the latter are subject to ever-increasing supervision and growing transparency, regulation of hedge funds remains weak. […]
Major hedge fund dumps Best Buy
Hedge fund manager extraordinaire David Einhorn bet big on Best Buy stock. Then he lost big on Best Buy stock. In a letter to investors Monday, Einhorn’s Greenlight Capital said it sold off its 2.27 percent stake, or 7.7 million […]
Nomura Holdings Veteran prepares $250 Million Asian Hedge Fund Launch
New York (HedgeCo.Net) – Jean-Noel Payer, a Managing Director at Nomura Holdings until last month has recieved regulatory clearance this week to start his own Asia-focused hedge fund named Voltex Asia Capital Ltd. Reuters places the $250 Million Voltex launch […]
German government wants to limit hedge funds to professionals
(Reuters) – German Finance Minister Wolfgang Schaeuble wants to limit direct investment in hedge funds to professionals in order to protect private investors from risky assets, via a new bill regulating alternative investment funds, his ministry said on Wednesday. “Interests […]
Technology Analyst Expected to Plead Guilty in Insider Case
New York Times – A technology research analyst who gained notoriety for taunting the federal government over its pursuit of insider trading is expected to plead guilty in United States District Court in Manhattan on Wednesday, according to people briefed […]
Stop Fiddling With Your Hedge Fund Strategy Allocation
aiCIO – “Don’t just do something, sit there” may be precisely the advice that hedge fund investors need to hear, according to an article published by the CFA Institute. Hedge fund investors should actively rebalance their portfolio within certain bounds […]
Dash Financial announces management buy-out from I. A. Englander & Co LLC, purchase of EBS and private equity placement
New York (HedgeCo.Net) – Dash Financial Holdings, LLC, (Dash) announced, this morning, the completion of three transactions – the management buy-out of the Dash Financial division and all of its assets from Israel A. Englander & Co., the acquisition, of […]
Hedge Fund technology and Software providers move to Address Form PF Compliance Requirements
New York (HedgeCo.Net) – Advent Software, Inc. a leading provider of software and services for the global investment management industry, today announced a collaboration with Data Agent, LLC to provide tools to help hedge funds and hedge fund administrators meet […]
Telus counters ‘misleading allegations’ from Globalive, dissident shareholder
FP – Telus Corp. has rebuffed claims it’s offside with Canada’s foreign-ownership laws, filing documents with regulators on Monday denying what the wireless carrier calls “misleading allegations” made by competitor Wind Mobile and a dissident shareholder. As of June 29, […]
John Paulson Said to See 50% Odds Euro to Fail
BusinessWeek – Billionaire hedge-fund manager John Paulson told clients he sees a 50 percent chance the euro will unravel, said an investor who listened to the comments. An event causing a breakup may happen in three months to two years, […]