Monthly Archives: August 2007
Hedge Funds Thriving In Europe
West Palm Beach (HedgeCo.Net)- Hedge funds are thriving in Europe, thanks to increased interest from pension funds and other institutions, both European and U.S. Regulatory changes that have made it easier for such investors to put money in alternatives. The […]
Harvard-backed hedge fund falls victim to US credit crisis
Guardian Unlimited- America’s credit squeeze has prompted the demise of $3bn hedge fund Sowood Capital after it lost half its value in a month through disastrous bets on debt-related instruments. Sowood, backed by Harvard University’s endowment arm, told investors its […]
Hedge Funds Pluck Money From Air in $19 Billion Weather Gamble
Bloomberg- Credit Suisse Group trader Patrick Ayash rarely reads earnings estimates and just skims news about inflation. One thing he never misses: the daily weather report. Ayash, 31, is part of an army of mathematicians, hedge-fund whizzes and programmers pouring […]
Private equity, hedge funds take on Congress
MSNBC- Private equity, hedge fund and real estate executives warned senators on Tuesday that raising taxes on their firms would harm a wide range of companies that benefit from their investments, including developers in poor urban areas. Congress is debating […]
Japanese Bonds Gain as Losses at Hedge Funds Spur Purchases
Bloomberg- Japan’s government bonds rose as reports of increasing losses at hedge funds globally spurred demand for the relative safety of government debt. Ten-year bonds gained for a second day, pushing yields to the lowest in nine weeks. Emerging-market and […]
Pep Boys Puts Hedge Fund on Board
Houston Chronicle – To head off a proxy fight, Pep Boys on Wednesday named a representative of a major shareholder to its board of directors. The Philadelphia automotive parts and service chain appointed as director Thomas R. Hudson Jr., managing […]
Hedging Without a Hedge Fund
It’s been an up-and-down summer for stocks, and Labor Day weekend might not mark the end of Wall Street’s worries (see BusinessWeek.com, 8/18/06, “Can the Rally Keep Up?”). As uncertainty continues over economic growth and inflation, many investors may be […]
Hedge Fund Makes Play for Porn Provider
Smart Money -The worlds of pornography and hedge funds combined this month when activist-investment firm Steel Partners proposed a management buyout of New Frontier Media Inc., an adult-entertainmentcompany. During a recent New Frontier board meeting, Steel Partners manager Warren Lichtenstein […]
Cruise Gets First Funds for Projects
Herald Tribune – Analysis – From Australia to Argentina, erratic weather is slashing wheat crops of the major producers, which is threatening to push up prices to multi-year highs and making itdifficult for countries to replenish stocks. While the world’s […]
Delphi gives funds further access to data
MSN MoneyCentral – Delphi has agreed to give its two largest shareholders access to more confidential data as the pair of hedge funds try to put together a restructuring and refinancing package forthe bankrupt US car parts maker. Appaloosa Management […]
Hedge Funds Shifting Commodity Investment
HedgeCo.Net (New York) – At the start of the year thanks mostly to unstoppable rally in crude, commodities were attracting a lot of media hype and interest from investors. New investment vehicles such as commodity-based hedge funds were launched, and […]
SAR Systematic Absolute Return AG to launch dedicated Asset Finance Fund
Zurich-based Systematic Absolute Return AG has announced that on September 1 it will launch the SAR Asset Finance Fund, a fund of funds focused on a diverse portfolio of asset-based lending and asset-backed securities funds. The Fund targets an annual net return of […]