Yearly Archives: 2007
Hedge Fund buys Access to Energy Trading and Delivery
HedgeCo.Net (New York) – Highbridge Capital Management, a $17 billion hedge fund is reported to have taken a $1 billion equity stake in the energy business of Louis DreyfusGroup, the old-line commodities trading firm, in a deal worth about Highbridge […]
Hedge Fund Technology Training 2007
HedgeCo.Net (New York) – Chameleon productions is holding a conference on the future of algorithmic trading this March in London. Chameleon is asking hedge fund managers andother high level investors to submit papers on working showcase application, case studies, progress […]
Polar Capital applies to list on AIM
LONDON (Reuters) – Polar Capital Holdings, which runs hedge funds and other funds, said on Monday it was applying to float its shares in London, adding to a recent trend of investment company listings. Polar, which was founded in 2000 […]
Hedge fund con man out on $1.1M bond – Worcester Telegram
EW HAVEN, Conn. A former college student who posed as a Turkish heir and persuaded sophisticated investors to pour millions into a nonexistent hedge fund was released on bond yesterday. Hakan Yalincak’s release on $1.1 million bond until his Feb. […]
Private equity finds appetite for pharmaceuticals
LONDON (Reuters) – Private equity — traditionally wary of the complex drugs sector — is increasingly scanning the pharmaceuticals industry for value, suggesting scope for sizeable buyouts in 2007. Dutch-based Akzo Nobel (AKZO.AS: Quote, Profile , Research) is talking to […]
JPMorgan to launch global equity income portfolio
LONDON (Reuters) – JPMorgan Asset Management said on Monday it will launch a global equity income portfolio because it sees strong income investment opportunities overseas. The JPM Global Equity Income fund will be launched on Feb 7 and will target […]
Highbridge Hedge Fund Buys Stake in Louis Dreyfus Energy Business
New York Times – The Highbridge Capital Management hedge fund will announce today that it has taken a major equity stake in the energy business of the Louis Dreyfus Group, the old-line commodities trading firm, in a deal worth about […]
Hedge Fund Plans to Solicit Proxies
New York Times – Pirate Capital, a $1.7 billion hedge fund, plans to solicit proxies in support of its push to persuade the Brink’s Company, the armored-truck and security provider, to hire an investment bank for a possible sale. In […]
2006 Was a Banner Year for Offshore Finance
PR Newswire – As we begin 2007, 2006 can be summed up in a single word, “more,” according to Walkers, the global offshore law firm of choice for fund managers, corporations, financial institutions,and international law firms. The market saw more […]
Citigroup sees 10 percent hedge fund returns
Reuters – Citigroup wealth managers are telling their clients to expect a slightly better performance from hedge funds this year versus last but still less than long-term average gains. In a note, the investment bank’s wealth management group projects hedge […]
Oil Losses May Impact Hedge Funds
HedgeCo.Net (New York) – The recent drop in oil prices has raised market speculation that hedge funds might be taking large losses in oil position investments. A lot like the big natural gas bet that sank the multi-billion dollar Amaranth […]
UBS and Hedge Fund Office Space
HedgeCo.Net (New York) – Massachusetts Secretary of State William F. Galvin is investigating whether leased office space and other services that investment bank UBS provides to hedge funds have created a conflict of interest that could hurt investors, Galvin’s spokesman […]