Monthly Archives: September 2006
Options Scam Lets Citadel, Whitebox, Hedge Funds Exploit Bonds
Sept. 12 (Bloomberg) — As soon as Vitesse Semiconductor Corp. said it was under investigation for securities law violations that may delay routine regulatory filings, the Camarillo, California, maker of computer chips also learned it was about to be held […]
Kenmore European Industrial Fund plans IPO
LONDON (Reuters) – Kenmore European Industrial Fund, a Guernsey-registered fund, said on Monday it would raise 140 million pounds via a London initial public offering to invest in European industrial properties. The closed-ended investment fund, which expects trading to start […]
New York hedge fund operator discloses stake in Cyberonics
A New York hedge fund operator on Monday disclosed about a 7.3 percent stake in Cyberonics Inc., along with an ongoing intention to nominate a slate of three candidates for the medical device maker’s board of directors. According to a […]
Fink Steps Down from MAN Hedge Fund
HedgeCo.Net (New York) – Stanley Fink, the chief executive of Man Group hedge fund is stepping down as chief executive after almost twenty years at the company. He will be succeeded on 1 April 2007,by Peter Clarke, the firm’s finance […]
Canada Reports Suspicious Activty in Debt Market
HedgeCo.Net (New York) – The Bank of Canada warned 19 of the countries largest bond dealers not to take advantage of Canadian debt by manipulating the bond market. The bank suspected a hedge fund might have bought up a large […]
RPT Ahold board split over hedge fund call for break-up of business
Forbes – The board of Dutch supermarket group Royal Ahold NV is split over whether to sell off key parts of the business following break-up calls from hedge funds Centaurus Capital and Paulson & Co, The Business newspaper reported, citing […]
M&A People Divided on Hedge Fund Role
Black Enterprise – Merger and acquisition specialists, including corporate executives, bankers, lawyers and advisers, differ sharply in their attitudes toward hedge fund involvement in deals, according to a new survey by IntraLinks, a business information technology provider. Some 427 M&A […]
BT backs new hedge fund
The Financial Standard – BT Financial Group has partnered with new hedge fund manager Voyager Funds Management in a distribution deal for the group’s flagship Voyager Pan Asia Fund. The long-short equities fund, run by Voyager’s seven person investment team, is market […]
Citigroup Names Head of Hedge Fund Unit
New York Times – Citigroup named Dean Barr as the head of its Tribeca Global Management unit, succeeding Tanya Styblo Beder, in an effort to jump-start the hedge fund unit’s sagging returns. Ms. Beder, 50, joined Citigroup in May 2004 […]
Hedge Funds Return +1.30% in August; Up +7.0% YTD
Forbes – The Greenwich-Van Global Hedge Fund Index returned +1.30% in August according to a preliminary report released today by Greenwich-Van Advisors, LLC, a leading hedge fund index provider. In comparison, the S&P 500, NASDAQ, Nikkei 225 and the Lehman […]
Solios Asset Management Launches new Uranium Fund
While researching in nuclear power, we uncovered an attractive opportunity to invest in physical uranium for power plants. We found that the prices of the uranium metal were less volatile and more consistent than the related equities. The following chart […]
Emerging Markets see continued Hedge Fund Interest
HedgeCo.Net (New York) – Recent TABB survey forcasts, surveying 81 U.S. hedge funds managing some $89 billion in early 2006, confirming research which suggests that money continues to flow into emerging market hedge funds, largely from institutional investors looking for […]