Yearly Archives: 2007
Thames River to soft-close Warrior hedge funds
CityWire.co.uk- Thames River’s head of fund of hedge funds, Ken Kinsey-Quick, is set to soft-close the group’s Warrior and Warrior II funds. Both funds are approaching the $750 million (£365 million) mark and Thames River has decided to cap them […]
Facebook in talks with investors
News.com.au – FACEBOOK, the social network website, is holding discussions with hedge funds and private-equity investors to raise $US260 million ($286 million) in financing, the Wall Street Journal reported overnight. The report of the talks for additional funding comes a […]
UAE Investors To Increase Hedge Fund Holdings
West Palm Beach (HedgeCo.Net)- Private investors in the United Arab Emirates plan to increase their holdings in alternative investments such as private equity, hedge funds and derivatives in the nextthree years, according to a new global report published by Barclays […]
Merrill Lynch to offer brokerage for SA hedge funds
Moneyweb- Merrill Lynch & Co, the world’s largest broker, plans to start offering prime-broking services to South African hedge funds to tap increasing growth. New York-based Merrill Lynch will vie with local brokerages including those of Peregrine Holdings, Investec […]
Minimum-Tax Fix May Cost Buyout Firms, Hedge Funds $48 Billion
Bloomberg- House Ways and Means Committee Chairman Charles Rangel said he will propose a $48 billion tax increase on executives of hedge funds and private-equity firms to help pay for curbing thealternative minimum tax this year. The New York Democrat […]
RAB founder welcomes more transparency
Telegraph.co.uk- Philip Richards, head of Northern Rock’s biggest shareholder, says the best solution for the bank would be the least newsworthy one. Listening to the head of one of London’s biggest hedge funds publicly welcoming closer scrutiny of the industry […]
Hedge Fund Sell Off Making Way For New Funds
West Palm Beach (HedgeCo.Net)- Hedge fund Mobius’Alco annuounced plans to raise billions of dollars to create four new funds by June after it added to its portfolio of aircraft, ships, trains, property and renewable energy assets in the first quarter. […]
Wealthy ‘moving to hedge funds’
BBC News- The study said the global rich are increasingly attracted by private equity schemes and hedge funds as they offer more stable returns than shares. Its findings come after recent global stock market volatility. The report by Barclays Wealth […]
Greenspan Concerned With Low-risk Long-term Rates
West Palm Beach (HedgeCo.Net)- According to former Federal Reserve Chairman Alan Greenspan, “Low risk-free long-term rates worldwide seem to be one factor driving investors to reach for higher returns, thereby lowering the compensation for bearing credit risk and many other financial […]
Templeton’s Mobius Endorses Indian ‘P-Note’ Crackdown
Forbes -The proposal by securities regulators to phase out offshore participatory notes as a means of investing in Indian equities got a vote of support Tuesday from investment guru Mark Mobius. Hesaid such a move wouldn’t stop the record flow […]
Deposit growth slows at hedge funds
Chicago Tribune – Hedge-fund managers attracted $45.2 billion in the third quarter, a decline from record fundraising earlier in the year as subprime-mortgage losses hurt investment returns. New money gathered from investors worldwide fell by more than a fifth, from […]
Hellman Turns to Hedge Funds in Goodman Takeover
Bloomberg– Hellman & Friedman LLC agreed to acquire Goodman Global Inc. for $1.76 billion, turning to hedge funds including Farallon Capital Management LLC for backing after banks curtailedtheir financing of leveraged buyouts. The San Francisco-based firm will pay $25.60 a […]