Yearly Archives: 2007

  Reuters Italia- Every year, hundreds of funds and fund managers have quietly left the industry, which now manages $1.75 trillion (880 billion pounds). But this year, their exits will be more numerous after a meltdown in subprime mortgage investments […]

  Economic Times- At a time when the Indian equity market has been volatile, a top performing US-based, India-dedicated hedge fund has decided to reopen one of its main funds to raise additional capital. Massachusetts-based Monsoon Capital, founded by a […]

Economic Times- When the dust raised by the subprime fiasco settles, hedge funds will have the option to trade directly in India. Capital market regulator Sebi has decided to allow hedge fundsto register directly as foreign institutional investors (FIIs). “We […]

Daily Telegraph- Masters of the Universe. The new investment bankers. Hedgies. Whatever name you choose to describe hedge fund managers, it is always a positive one. That was until last Thursday,when trading screens turned red across the globe and the […]

Bloomberg- Billionaire Eli Broad, who’ll help shore up Goldman Sachs Group Inc.’s Global Equity Opportunities Fund, said art prices will decline as a result of losses by hedge funds and other largecontemporary art collectors. “Many of the buyers of contemporary […]

Chicago Sun-Times- After experiencing a 21st century, hedge-fund version of a run on the bank this week, Sentinel Management Group assured clients that it’s looking to give them their money back byselling assets. “Sentinel is in the process of discussing […]

Times Online- London’s leading blue-chip stocks sank to levels not seen in nearly a year today, on the back of heavy selling overnight in the United States and Asia after the credit crunch sparked fresh concern. The benchmark FTSE 100 […]

New York Times- As many hedge funds were nursing deep losses and bracing for a possible wave of redemptions this week, members of the Connecticut Hedge Fund Association were popping open champagne bottles. What’s to cheer about? Securing first place […]

Reuters- The U.S. Securities and Exchange Commission said on Wednesday it has settled with two hedge fund advisers, one for so-called “soft dollar” arrangements and another for failing to filedisclosure documents. Schultze Asset Management LLC (SAM) has agreed to pay […]

International Herald Tribune- The cabinet of Chancellor Angela Merkel of Germany on Wednesday approved new transparency rules for private equity and hedge funds, backing away from an earlier pledgeto reduce investment barriers. The measures would become law next year if […]

Minneapolis Star Tribune- A Hennepin County district judge has ruled that a hedge fund operated by former Vikings co-owner Jim Jundt and his son Marcus must pay the fund’s former star manager nearly$2 million in unpaid bonuses. Last week, Judge […]

 Financial Times- For anyone worried hedge funds could spark another market crisis, Wednesday is a red letter day: the final chance for investors to put in demands for their money back by the end of September at many funds using […]