Monthly Archives: September 2006
Harcourt’s Belmont Fund registered for public distribution
HedgeCo.Net (New York) – Harcourt Investment Consulting AG is pleased to announce that its Belmont (LUX) style fund of hedge funds range has been approved for public distribution in Switzerland. This takes effect immediately. The Belmont (LUX) funds are funds […]
UK hedge fund targets Stork
Independent – Centaurus Capital, a London-based hedge fund, has launched a shareholder campaign to try to force the Dutch engineering group Stork to break itself up. Centaurus, acting with the fellow hedge fund Paulson & Co, which is based in […]
Wegener talks to British fund over strategy
Reuters – Dutch-based media group Wegener said on Friday it had talked to British fund Governance for Owners but had not come under pressure over its strategy amid a mounting debate over shareholderactivism. Dutch financial daily Het Fianancieele Dagblad reported […]
Ahold says no talks with hedge funds
Reuters – Dutch retailer Ahold posted forecast-beating second-quarter earnings on Thursday and said it was not in talks with two hedge funds keen on a break-up, or private equity firms eyeing abuyout. The stock rose more than 3 percent, approaching […]
Hedge Fund Link Ends for U.S. Official
Washington Post – One of the Treasury Department’s top officials dealing with hedge funds has agreed to forgo up to $1.5 million in severance payments from his former employer, which invests in hedgefunds. Emil Henry Jr., assistant secretary for financial […]
Islamic Hedge Fund Niche
HedgeCo.Net (New York) – Hedge fund Shariah Capital, is looking for strategic partners in the Middle East among the local banks with international funds, and major investment institutions and high net worth individuals. “Hedge funds are all about diversification†they […]
Hedge Fund Hurricane
HedgeCo.Net (New York) – Hedge funds are embracing the risk of CAT, or catostrophe bonds, as insurers sell more of the securities to protect themselves from increasingly unstable weather triggered by global warming. After seeing yields of as much as […]
Upgrading operations as hedge funds mature
IT Directors – The hedge fund industry is maturing in a number of ways. It is one of the major recognised “alternative forms of investmentâ€Â, perhaps better described as one of the major established forms of alternative investment. Funds are […]
Man Group Names Clarke Chief, Fink as Deputy Chairman
Bloomberg- Man Group Plc, the world’s largest hedge-fund manager, said finance director Peter Clarke will replace Stanley Fink as chief executive next year. Fink, 49, will become non-executive deputy chairman in April 2007, the London-based company said in a Regulatory […]
Hedge fund says Sizeler should abandon Revenue deal
Reuters – Sizeler Property Investors Inc. is facing increased pressure from a hedge fund shareholder to reject a deal to sell itself to Revenue Properties Co., according to a regulatory filing onWednesday. Kenner, Louisiana-based Sizeler, a real estate investment trust […]
Hedge Funds Dig Mining Companies
HedgeCo.Net (New York) – Terence Ortslan, managing director of TSO & Associates, said in his analysis regarding the mining industry, “There’s a clear message that the market is more interested in cash than in building companies.†this brings to light […]
Oppenheim to launch internal Hedge Fund
HedgeCo.Net (New York) – Sal Oppenheim Jr. & Cie. has plans to invest E 150 million with a Zurich based hedge fund that will operate a long short global equities investment. The hedge fund is aiming to raise E 300 […]