Yearly Archives: 2007
Gordon Asset Management FOHF Nominated for 2007 HFMWeek US Awards
New York – October 11, 2007 – Gordon Asset Management LLC, a New York based investment firm serving qualified private and institutional investors, announced today that AIJED Associates LLC has been nominated for HFMWeek’s 2007 US Hedge Fund Performance Awards […]
BusinessWeek Cover Story
BusinessWeek – Ralph R. Cioffi seemed as cool and confident as ever. The market for subprime mortgages was crumbling, but the 51-year-old manager of two Bear Stearns ( BSC ) hedge funds offered nothing but reassurances to investors. “We’re going […]
Resources seen as key hedge fund attraction
Globe and Mail- Canadian hedge fund managers oversee about $20-billion in assets, but can add octane to their growth by playing the resource card to tap foreign investors, says the chairman ofthe industry association. “Canada externally is perceived as a resource […]
Andy Warhol-Based Fund Says Art Boom To Go On
Reuters- A hedge fund that invests in prints by Andy Warhol, the pop artist known for his brightly colored paintings of Campbell soup cans, is betting the boom in the art market will continue because of increasing global wealth. The […]
Hedge funds take legal steps against UniCredit
Reuters- Leading Italian bank UniCredit was notified on Thursday of a legal action brought against it by some hedge funds that are minority shareholders of its German unit HVB, UniCredit said in astatement. The legal action was also directed at […]
AIMA Welcomes UK Hedge Fund
London, 11 August 2007. The Alternative Investment Management Association (AIMA), the leading global hedge fund and alternative investment industry association welcomes the consultation paper released yesterday by the UK Hedge Fund Working Group. AIMA believes that the initiative represents a […]
Robeco Bank Bought By Kaupthing Bank Luxembourg S.A.
West Palm Beach (HedgeCo.Net)- Private banking and alternative asset manager Robeco Bank of Belgium was purchased by Kaupthing Bank of Luxembourg, it was announced today. Robeco was established in Rotterdam in 1929, and has EUR 142 billion ($201.5 billion) in […]
Thomson Financial Invests $180 Million in TradeWeb
West Palm Beach (HedgeCo.Net)-Thomson Financial today announced it plans to form a strategic partnership with nine of the world’s leading global dealers including, Credit Suisse, Deutsche Bank, Goldman Sachs, JPMorgan, Lehman Brothers, Merrill Lynch, Morgan Stanley, The Royal Bank of […]
Monaco hedge fund building stake in Rock
The Northern Echo- HIGH street lender Northern Rock saw its share price surge by more than a quarter yesterday after it emerged a Monaco hedge fund had amassed a four per cent stake in the business. The revelation that SRM […]
Dura Bankruptcy Offers Executives $60 Million, Bondholders Zero
Bloomberg- Dura Automotive Systems Inc.’s plan to exit bankruptcy may reward company managers with as much as $60 million in stock while leaving most bondholders empty- handed. Pacificor LLC, a hedge fund that owns at least $133 million of Dura’s […]
European hedge funds draft code of behaviour to boost transparency
Forbes (Thomson Financial)- A group of Europe’s largest hedge-fund managers have proposed ways to make the industry more transparent in an attempt to head off calls for greater regulation. The London-based Hedge Fund Working Group has drafted a proposed code […]
TS Capital Launches $200 Million Fund Of Hedge Funds
West Palm Beach (HedgeCo.Net)- Alternative asset management firm ThinkStrategy Capital, today announced the launch of the TS Multi-Strategy Fund LP Class B. The TS Multi-Strategy Fund is a hedge fund-of-funds designed to generate solid returns from creative strategies while preserving […]