Yearly Archives: 2007
Torkelund Launches Hedge Fund
West Palm Beach (HedgeCo.Net)- Alternative investment consultant and director, Bob Torkelund has announced the launch of a new hedge fund, Camelot Global Investments, with the initial offering period running throughout October 2007. Camelot Global Investment is a Global Macro Fund […]
Goldman fund buys stake in hedge fund Winton
Reuters- Hedge fund firm Winton Capital Management said on Monday that a new fund run by Goldman Sachs had bought a 9.99 percent stake in the company. The stake, which the Goldman fund took at the end of July, is […]
Barclays, Hedge Funds to Finance Remy
Forbes- The Remy International Inc. plan to restructure its debt depends on borrowing up to $330 million and selling $85 million in new preferred stock – transactions that would generate millions infees and interest for Wall Street banks and hedge […]
Hedge fund fees to stay high despite pressure
Reuters- Hedge funds’ hefty fees are likely to remain high even as institutional investors try to chip away at them for their clients, a top Bank of America executive said on Tuesday. “It would be an overstatement to say there […]
Achieve Transparency and Accuracy with OTC Val’s Derivative Valuation Service
OTC Valuations Limited, a provider of transparent and auditable valuation and risk reports for over-the-counter independent derivatives, has introduced a service aimed at providing primary, secondary, and tertiary valuations of both vanilla and exotic derivative instruments. OTC Val’s solution is […]
Painted As A Scam Artist
New York Post- Housed in a 25,000- square-foot palazzo off Madison Avenue, Salander-O’Reilly Galleries bills itself as a top-flight New York dealer that offers unprecedented access outside of amuseum to Titians, Michelangelos and other masterpieces. Roy Lennox, a senior managing […]
Tokyo Stock Exchange Has Strong Week
West Palm Beach (HedgeCo.Net)- Stocks rose on the Tokyo Stock Exchange this week giving the Tokyo market a strong start, catching up with U.S. and other overseas counterparts. The dollar’s upswing versus the yen, which reflects receding expectations for an […]
Ellington Freezes Withdrawals From Two Mortgage Funds
Bloomberg- Ellington Management Group LLC, the Old Greenwich, Connecticut-based hedge-fund firm that focuses on mortgage securities, suspended client redemptions from two funds because it’s too hard to value their assets. Investors won’t be able to withdraw money from New Ellington […]
Hedge funds gain ground in September
InvestmentNews- Hedge funds were on the rise September as increased market liquidity allowed most strategies to post positive returns, Hennessee Group LLC reported today. After mid-August’s lows, indexes across the board posted improvements: Nasdaq Composite Index rose 4.05%; Dow Jones […]
Hedge funds make a beeline for real estate sector
Business Standard- Global hedge funds, which are on the lookout for multi-fold returns on their investments, are slowly entering the booming domestic real estate sector. Major hedge funds operating in the Indian property markets include Och-Ziff Capital (founded by […]
Bear Stearns funds target of criminal probe
Reuters- U.S. prosecutors launched a criminal investigation into two mortgage-related hedge funds at Bear Stearns that collapsed during the summer, a person familiar with the investigation said onFriday. The U.S. attorney in Brooklyn, New York and the U.S. Federal Bureau […]
Hedge funds eye minor metals
Reuters UK- For years the preserve of globe-trotting merchants and secretive financiers, the trade in rare and valuable minerals known as minor metals is now on the radar of hedge funds searching forprofits. Huge amounts of money have been ploughed […]