Monthly Archives: November 2009
Hedge Fund Association “Speak Up” Gains Traction on Capitol Hill
Washington, DC – November 9, 2009 – The Hedge Fund Association, HFA, today announced progress on its “Speak Up” campaign, which seeks to ensure that regulation of the hedge fund industry meets government concerns without imposing over-reaching, broad measures that […]
The nightmare hedge fund employee
Fierce Finance – This is the mark of a small, amateurish hedge fund: Having the CFO serve also as chief trader. That’s hardly going to inspire big pensions to take a close look at investing in you. So perhaps we […]
Conyers Hosts 8th Annual Offshore Law Forum in New York
New York (HedgeCo.net) – As the global economy continues to evolve in the aftermath of the credit crunch, lawyers from Conyers Dill & Pearman provided a timely update on regulatory developments offshore to over 100 lawyers and financial executives at […]
Liongate Fund Of Hedge Funds Dubai Expansion
New York (HedgeCo.net) – Winner of the “Fund of Hedge Funds Leader of the Year” 2009, Liongate Capital Management, has opened a Dubai office after being awarded a license by the Dubai Financial Services Authority (DFSA) to operate from the […]
Hedge fund Paulson & Co raises bet on Cadbury
Reuters – Hedge fund firm Paulson & Co, which earned billions with savvy bets during the credit crisis, has doubled its stake in candy maker Cadbury Plc, according to a regulatory filing released on Tuesday. The New York-based hedge fund […]
Australian Companies Turn to Hedge Funds for Finance, KPMG Says
Bloomberg – Hedge funds are boosting investments in Australian companies, filling a “funding gap” left by a reduction in bank lending, according to David Heathcote, head of KPMG International’s debt-advisory practice in Australia. “There is significant volume available, particularly from […]
Kiener Fund K1 Invest Hires Liquidators, Letter Says
Bloomberg – K1 Invest Ltd., a fund of K1 Group based in the British Virgin Islands, hired Grant Thornton as liquidator, according to a letter by K1 Invest’s director. The company decided to liquidate because of the effects of K1 […]
2 ex-Bear Stearns hedge-fund managers acquitted
AP – Two Bear Stearns executives who ran hedge funds that collapsed after betting heavily on the shaky subprime mortgage market were acquitted Tuesday of lying to investors — a defeat in the government’s bid to punish fraud exposed by […]
Caymans seek hedge fund families in growth push
Reuters – The Cayman Islands hope more hedge fund managers and their families will move to the off-shore centre as it seeks to boost tax revenues, the Caribbean territory’s prime minister told Reuters. The British overseas territory — legal home […]
The Greatest Trade Ever
NewsWeek – In a span of just three years, hedge-fund manager John Paulson went from practically unknown to practically unparalleled. After a series of smart bets against the housing market made Paulson’s hedge fund billions of dollars—including days where it […]
Hedge Fund Returns up 0.17% in October – Early Estimates
HedgeCo.Net (New York) – Early estimates indicate the Credit Suisse/Tremont Hedge Fund Index will finish almost flat with a +0.17% return in October. Hedge funds had a slightly positive month overall with a widening dispersion of returns among strategies, based […]
Hedge Funds Are Ready for New Boom in Start-Ups: Matthew Lynn
Bloomberg – There are tough new regulations on the horizon. There are scandals and arrests. Investors, shaken by the credit crunch, are nervous about taking risks. Yes, there has never been a better time to polish your CV, shine your […]