Monthly Archives: September 2010
Billionaire Gendell’s Hedge Fund Sells Exide Shares Worth $10M
CityBizList – Billionaire Jeffrey Gendell’s hedge fund Tontine Capital Partners and related entities have sold Exide Technologies (Nasdaq: XIDE) stock worth $10.12 million, the biggest in ongoing sales since May, according to an SEC filing. The Greenwich, Conn.-based fund sold […]
Hedge Funds Care Event – San Francisco | September 30, 2010
FavStocks – The event will take place at the Offices of Thomson Reuters in San Francisco on September 30, 2010 from 4:00 p.m. to 7:00 p.m. The event will include Scotch tasting, appetizers and food, and socializing. The event is […]
Seen on the hedge fund catwalk: rose-colored glasses back in vogue
All About Alpha – Less than a year ago, clear-colored magnifying glasses were all the rage among investors looking at hedge funds – transparency to the max, right down to demands of seeing individual positions and trades. Even on the back-office […]
Boston Hedge Fund Joins NY Investors Critical of Cypress Bioscience – cbl
CityBizList – Led by Peter Kolchinsky, Boston-based hedge fund manager RA Capital Management, LLC openly criticizes Cypress Bioscience, Inc. in a recent SEC filing. The filing – which shows that RA Capital owns a 5.46 percent stake in, or 2,107,392 […]
Barnier speaks out on hedge funds, EU budget reform
EurActiv – Reaching an agreement on the regulation of hedge funds is vital for the health of Europe’s financial sector, says EU Internal Market Commissioner Michel Barnier. In an exclusive interview with EurActiv.fr, he also backs “new ideas” like eurobonds to finance […]
Hedge-Fund Man Finds Inner Lion in Outer Space: Michael Lewis
BusinessWeek – Like a lot of hedge-fund guys, I’ve recently endured what might be misconstrued as a nervous breakdown. Before CNBC or the New York Times or some other rag grabs the story and distorts it, I want to tell […]
Citi hires hedge fund expert for managed investments
Reuters – Citigroup’s private bank has hired a Union Bancaire Privee hedge fund executive as head of management investments and advisory for Asia-Pacific, according to an internal memo seen by Reuters on Tuesday. Roger Bacon, who was head of Union Bancaire’s […]
Hedge-Fund Lobbying Group Opposes New U.S. Rules for High-Frequency Trades
Bloomberg – The U.S. hedge-fund industry’s biggest lobbying group urged regulators against cracking down on high-frequency trading, saying new rules would increase costs for all investors and make markets less liquid. Requiring computerized traders to buy and sell shares during […]
Hedge Fund Launch: Peakside Opens Real Estate Private Equity Firm
New York (HedgeCo.net) – Cayman Islands, Switzerland, UK, and Luxembourg-based hedge fund manager Peakside Capital and its affiliates are launching a new real estate private equity firm and concluding a transaction with Bank of America Merrill Lynch (BofAML) involving the […]
Hedge Fund Radio: N@ked Short Club 4pm EST
New York (Announcement) – You are cordially invited to listen to the Monday, September 13 edition of the N@ked Short Club: 9-10pm/ 21.00-22.00 hrs., London time (4pm EST) , on not-for-profit RESONANCE FM [104.4FM within London / online worldwide via […]
Wealthy urged to follow Lord Sainsbury’s philanthropic lead
Guardian – The culture secretary called for Britain’s rich to dig deeper to fund cultural institutions on Sunday after the Tory peer Lord Sainsbury made a £25m donation to the British Museum for a new wing, outstripping the government’s contribution. […]