Yearly Archives: 2007
Pension Investment in Hedge Funds Rises
Financial News Online US- Institutional investment represents 25% of large hedge funds’ assets, according to a report which comes as corporate and public pension funds continue to allocate more money to the sector. Corporate and public pension funds account for […]
UK Hedge Fund Puts $91 Million In US’ Northern Trust
New York (HedgeCo.Net)- UK fund of hedge funds Gottex Market Neutral Trust Limited has announced that Chicago based multi-bank Northern Trust has been selected to provide custody and fund administration services to £45.35 million pounds Sterling (approximately $91 million). The […]
Reuters Launches Risk Management Interface For Hedge Funds
New York (HedgeCo.Net)- Reuters has announced the launch of a new risk management solution for the hedge fund industry. According to the press release, “Risk management is now vital to hedge funds as they trade an ever broader set of […]
Europe’s Biggest Hedge Funds To Study Voluntary Code Of Practice
LONDON (Thomson Financial)- Europe’s biggest hedge funds have recruited former Bank of England deputy governor Sir Andrew Large to lead a study into voluntary standards for the industry in an attempt to head off pressure for greater regulation, the Financial […]
HedgeFunds; Event-Driven Hedge Funds See Record Inflows
MarketWatch- Event-driven and short-selling hedge funds pulled in a record amount of money during the first quarter, according to a report released by Lipper on Monday. Event-driven managers saw record net inflows of $9.83 billion in the quarter and now […]
Schumer, Clinton on Fence Over Taxing Hedge Funds
New York Sun- Senators Schumer and Clinton are on the fence over a bill that would force private equity firms and hedge funds to pay higher tax rates if they go public. The bipartisan proposal, offered last week by the […]
Stenham Asset Management passes the USD 2 billion assets under management mark
HedgeCo.net – New York – Stenham Asset Management has reached an important milestone as funds under management now exceed US$2billion. Stenham has been constructing diversified hedge fund portfolios via managed accounts and funds of funds with an emphasis on downside […]
Singapore’s Chinatown New Home For Hedge Funds
Reuters UK- Hedge fund managers around the world have clustered in locations with character, such as leafy Greenwich, Connecticut in the U.S. and the stately Mayfair neighbourhood in London. The latest focal point for hedge funds is Singapore’s picturesque Chinatown, […]
Bad Loans Pit Vranos Against Cayne as Hedge Funds Outbid Street
Bloomberg- James E. “Jimmy” Cayne helped make Bear Stearns Cos. the mortgage king of the securities industry by packaging home loans into bonds and selling them to clients like Michael Vranos. Now Vranos, who manages $29 billion at Ellington Management […]
Blackstone and Management Team to Acquire Intelenet in an MBO Structure
Forbes- Intelenet Global Services Pvt Ltd (Intelenet) has agreed to be acquired by an affiliate of The Blackstone Group and the management team, subject to regulatory approval. Intelenet today announced its intention for a management buy-out (MBO) that will see […]
Private Equity Squeezes the Shorts
BusinessWeek- t has never been more popular to bet against stocks. Once the realm of a few specialists, the financial alchemy of turning a garbage stock into gold by shorting it has moved into themainstream: The strategy is now employed […]
Hedge Fund Investors Call For Independent Commitee
New York (HedgeCo.Net)- Two hedge fund shareholders with major stakes in TD Ameritrade Holding Corp, JANA Partners LLC and SAC Capital Advisors LLC, today sent a letter to Ameritrade’s Board of Directors questioning their recent announcement regarding the exploration of […]