Yearly Archives: 2007
New Financing Options For Hedge Funds
New York (HedgeCo.Net)- According to a recent study of financing options for hedge funds by Standard & Poor’s, the largest hedge-fund families manage $10 billion, $20 billion, and even $30 billion today, and at least 100 individual hedge funds have more […]
Wuffli’s Exit Is Lesson for Banks, Hedge Funds
Bloomberg- There’s still some mystery about Peter Wuffli’s removal as chief executive officer of UBS AG. To listen to the company, there was some mild disagreement about how to rearrange the chairsin the boardroom. More plausibly, it was the $300 […]
Global asset management M&A jumps
Reuters- Global asset management takeovers surged in the first half of 2007 and the trend is seen continuing due to buying by private equity firms and the hunt for international and hedge fundassets, according to a report issued on Monday. […]
Jupiter CEO cautions on UK property
Reuters- Now is the wrong time to be looking at investing in UK commercial property, while returns from some hedge funds are set to disappoint, Jupiter Asset Management Chief Executive Edward BonhamCarter told Reuters. Speaking on Thursday on the sidelines […]
Hedge Funds Shorting S&P 500 at `Crowded Levels´
Bloomberg- Hedge funds are short-selling Standard & Poor’s 500 Index futures by the most in three years, giving investors an opportunity to buy the securities before the funds have to settletheir debts, a Merrill Lynch & Co. analyst said. “Large […]
Fugitive arrested in Austria
Centre Daily Times- Austrian authorities have arrested a man wanted by the FBI for failing to appear at his sentencing hearing in New York more than five years ago, police said Tuesday. Michael Berger, a 35-year-old Austrian citizen who […]
EU to shield gas and electricity sector from buyouts
Guardian Unlimited- Private equity and hedge funds would be banned from taking over the gas and electricity networks of huge energy groups unless they met strict investment targets under crucialproposals for the entire EU to be adopted by MEPs later […]
Hedge Funds End First Half of 2007 at +7.86%
New York (HedgeCo.Net)- According to early estimates at the HFN Hedge Fund Aggregate Average was +1.40% in June 2007 and ended the first half of 2007 +7.86%. The HFN Hedge Fund Aggregate Average is an equal weighted average of all single manager hedge […]
More U.S. hedge funds launch in first half of 2007
Reuters- More new U.S. hedge funds were launched during the first half of 2007 than during the same time a year ago, suggesting demand for these loosely regulated portfolios is high even as returnslook less robust. Data compiled by Absolute […]
Ameritrade Refuses to Release Records
AP- The squabble between TD Ameritrade Holding Corp. and two hedge funds continued Friday as the online brokerage refused the funds’ request to examine records related to any mergerdiscussions. Earlier this week, Ameritrade gave in to one demand from the […]
Stonebrook Capital Adds General Counsel
HedgeCo.net (New York) – Stonebrook Capital Management LLC (“Stonebrookâ€Â), a leading alternative investment firm specializing in Alternative Beta solutions, today announced that Paul A. Freilich has joined the firm as General Counsel. In this newly created position, Mr. Freilich, 46, […]
Conifer Securities Apoints New Director of Sales
HedgeCo.net (New York) – Conifer Securities, LLC, a leading provider of business and operations solutions to hedge fund managers, family offices and foundations and endowments, today announced that David C. Sandrew has joined as Director of Sales in the firm’s […]