Monthly Archives: November 2007
Hedge funds Eton Park and R6 Capital to link up
Reuters- Hedge fund Eton Park Capital Management, one of the biggest and most successful in the industry, is merging with R6 Capital Management, a much smaller hedge fund, an Eton Park spokesman said on Monday. Eton Park, which manages $10 […]
Watchdogs issue transparency guide for hedge funds
BRUSSELS (Reuters) – Methods used to determine the worth of a hedge fund’s portfolio should be independently reviewed and transparent to investors, global market watchdogs said on Monday. Hedge funds, blamed by critics for causing wild swings in share markets, […]
Gulf Arab funds eye US assets
MSN MoneyCentral- Arab investors, flush with liquidity, are considering investments in distressed US financial assets as they try to turn the turmoil in credit markets into a regional opportunity. Omar bin Sulaiman, governor of the Dubai International Financial Centre, said […]
Global Investment Fund Now Open
West Palm Beach (HedgeCo.Net)- Global Investment House has announced the Global Distressed Fund is now open for new and existing investors until the end of December. The Barclays group, the world’s largest independent hedge fund research company, ranked the Fund […]
U.S. could face $2 trillion lending shock
Reuters- The impact of the U.S. mortgage market crisis on the underlying economy could be “dramatic” as leveraged investors may need to scale back lending by up to $2 trillion (1 trillion pounds), according to investment bank Goldman Sachs. Read […]
Northern Rock reveals cut-price bids
Daily Telegraph – Northern Rock is facing further embarrassment after revealing that all the bids submitted on Friday and over the weekend value the stricken bank at less than its current stockmarket value. RAB Capital and SRM Global, two hedge […]
Hedge funds not selling themselves short
Daily Telegraph – They thrive on market volatility and they gamble on failure. Short-sellers, mostly hedge funds, who bet that a share price will fall, have emerged as the biggest winners of the credit crisis. Short-selling is not illegal and […]
The Economy’s two Trillion Worry
BusinessWeek – Banks, hedge funds, and private equity firms often borrow $10 or more for each $1 of equity they use in a transaction, according to estimates by the New York Federal Reserve. When the investments pan out, the use […]
Sentencing of hedge fund co-founder delayed
White Plains Journal News- A former top aide to famed investor and political activist George Soros will not be sentenced until at least Tuesday on charges that he conspired to defraud investors inthe hedge funds he co-founded. U.S. District […]
Losses May Wipe $2 Trillion of Lending, Goldman Says
Bloomberg – The effects will be amplified as banks and hedge funds that borrowed to finance their investments scale back lending, according to the report. The effects will be amplified as banks and hedge funds that borrowed to finance their […]
FSA delays retail funds of hedge funds
IFAonline.co.uk- The FSA has been forced to delay a policy statement which would allow retail investors in the UK to invest in Funds of Alternative Investment Funds (FAIFs), including funds of hedge funds. The statement was due to be released later this year but […]
$2.3 Mil Raised By 100 Women in Hedge Funds
HedgeCo.Net- The hedge fund industry raised $ 2.3 million at the Sixth 100 Women in Hedge Funds Gala at Cipriani in New York City. Many well-known leaders in the hedge fund industry attended the gala celebration, among them Tudor Investment […]