Monthly Archives: September 2009
Falcone’s Harbinger selling 20 million Calpine shares
MarketWatch – Harbinger Capital, a big hedge-fund firm run by Philip Falcone, is selling 20 million shares of power company Calpine Corp. Harbinger Capital Partners Master Fund I Ltd. is selling the stock in a public secondary offering underwritten by […]
Recession winners: historians and hedge funds
Sydney Morning Herald – Hedge funds over bankers. If Lehman Brothers had a dollar for every time someone warned that hedge funds would bring the financial system to its knees, the bank wouldn’t have gone bust. While hedge funds took […]
Investors Poured $20 Billion into Hedge Funds in August
New York Times – Hedge funds saw nearly $20 billion pour into their coffers last month, as investors flocked back amid revived market optimism. Hedge funds booked inflows of $19.6 billion in August, according to HedgeFund.net. Total hedge fund assets […]
Hedge Fund Performance for August – Morningstar
New York (HedgeCo.net) – Hedge funds’ good fortunes persisted in August according to a preliminary hedge fund performance report from Morninstar. “Hedge fund returns in August were driven by strong equity markets throughout the developed world,” said Nadia Papagiannis, Morningstar […]
Open Europe Hedge Fund Survey Findings
New York (HedgeCo.net) – Based on two surveys of private equity managers and hedge fund managers, carried out during August 2009, Open Europe has published the most comprehensive study to date of the likely impact of the EU’s proposed Alternative […]
Md. gets $9M judgment against former hedge fund
The Examiner – The Maryland attorney general’s office says it has won a $9.5 million judgment against the operator of several former hedge funds. The judgment was granted in Prince George’s County Circuit Court against John Henry Williams. In February […]
Vicis Capital Suspends Redemptions After Hedge Fund Loses 12%
Bloomberg – Vicis Capital LLC, the $2.9 billion hedge fund started by former Lehman Brothers Holdings Inc. trader John Succo in 2004, barred clients from withdrawing money from its main fund after losses this year. The firm received “higher-than-anticipated” requests […]
Hedge funds look to refinance BBI debt
The West Australian – Royal Bank of Scotland is managing an offer by a group of hedge funds to refinance debt held by Alinta owner Babcock & Brown Infrastructure. The hedge funds have offered to repay Babcock & Brown Infrastructure’s […]
Deutsche appoints co-heads for Asia prime fin unit
Reuters – Deutsche Bank said on Tuesday it had appointed David Murphy and Nathan Davison as co-heads of its prime finance unit in Asia as it looks to take a bigger share of the market amid the ongoing recovery in […]
Babcock & Brown Gets Refinancing Proposal From Hedge Funds Through RBS
RTT News – Tuesday, Babcock & Brown Infrastructure Limited said it received on September 17, a refinancing proposal from Royal Bank of Scotland Group Plc, acting on behalf of an investor group, which comprises mainly international hedge funds. As revealed […]
Bucco says Corzine should disclose ties to casinos and hedge fund
Jackson, NJ – Senate Republican Budget Officer Tony Bucco called on Governor Jon Corzine to release all documents detailing links between casinos and a hedge fund company in which the governor is invested. The Governor’s financial disclosure forms show that […]
JPMorgan, Sophis to Offer Risk Management to Hedge Funds
Wall Street and Technology – One of the surviving prime brokers, J.P. Morgan, announced today that it’s jointly offering with Sophis iSophis, a software solution that can help assess and manage risk across multiple brokers. Sophis’ platform evaluates product performance […]