Monthly Archives: September 2010
Obama Takes on Hedge Fund Managers And Tea Partiers in Townhall
The Washington Independent (Video) – A hedge fund manager, CNBC contributor and former classmate of Obama’s, Anthony Scaramucci, stood up during the town hall and told the president the “Wall Street community” feels like “a piñata.” He asked him how he […]
Dublin As A Center Of Hedge Fund Expertise
New York (HedgeCo.net) – New Jersey-based hedge fund service provider Fi-Tek LLC has chosen Dublin for it’s European headquarters. “Ireland’s pro-business environment, availability of highly skilled personnel, the presence of many of our clients, and working with IDA were the […]
Charter Launches London Hedge Fund With Australian Expert
New York (HedgeCo.net) – UK based Charter Group has teamed up with Brian Taitz to launch a new hedge fund administration firm, Charter Group Fund Administration Ltd. The firm is based in London and focuses primarily on offshore funds managed […]
Hedge Fund Manager Takes Bid Directly to Cypress Shareholders
Seeking Alpha – Ramius, a hedge fund manager trying to gain control of Cypress Bioscience, is taking its $148 million hostile bid directly to Cypress shareholders, bypassing the company’s management after it rejected a lower bid in August. San Diego-based […]
Peloton Founder Said to Launch New Fund
NYT – Ron Beller, the hedge fund manager whose firm, Peloton Partners, collapsed after a huge bet on subprime securities went catastrophically sour, has launched a new shingle with former Peloton colleague Manal Mehta, Financial News reported. The two have seeded […]
Source launches hedge fund ETF
IFA Online – Source has listed an ETF replicating the global performance of hedge funds on the Deutsche Boerse. The fund tracks the Merrill Lynch Factor Model strategy, designed to generate performance similar to funds-of-funds, but without investing directly in […]
Matrix plans Ucits III versions of hedge funds
InvestmentWeek – Matrix is planning to launch a range of Ucits III funds, the first of which is likely to be an Eastern European equity fund with a focus on Russia. The group wants to develop a retail Ucits version […]
Tom Hicks courts hedge fund Blackstone in desperate bid to stay in control at Liverpool
Telegraph – It was Hicks’s refusal to countenance an offer from Rhône, which had offered £110 million for a 40 per cent stake in the club, prompting the Royal Bank of Scotland, which holds the majority of Liverpool’s £282 million debt, […]
People Moves: Lyxor Adds To NY Hedge Fund Research Team
New York (HedgeCo.net) – Societe Generale subsidiary, Lyxor Asset Management, has appointed Fabien Pavlowsky as Head of Quantitative Strategies in the Hedge Fund Research team in New York. The group also has offices in Europe and Asia. Pavlowsky joins Lyxor from […]
Judge Freezes Chicago Hedge Fund Manager’s Assets
New York (HedgeCo.net) – A Colorado Deputy Securities Commissioner has accused Mark Hamilton Yost, a former hedge fund manager from Chicago, with defrauding investors out of approximately $25 million, the Chicago Tribune reports. The complaint states that the hedge fund […]
Hedgie David Yarrow to launch Newcits fund
CityWire – Clareville Capital founder and well known hedge fund manager David Yarrow is planning to roll out a Ucits-compliant version of his established Pegasus UK long-short hedge fund. The Pegasus Ucits fund is set to launch in early October […]
Oechsle Raises $4M for Hedge Funds
CBL – Oechsle International Advisors has raised $4 million in pooled investment fund interests for two of its hedge funds – OIA Japan Fund, L.P. and OIA Asia Pacific Ex-Japan Fund, L.P. – according to SEC filings. The proceeds were […]