Yearly Archives: 2007
Court Of Baltimore Rules Against Costa Brava Hedge Fund
HedgeCo.net – The Circuit Court for Baltimore City has, for the third time in just over a year, denied legal motions filed against Telos Corporation by Costa Brava Partnership III, L.P., aBoston-based hedge fund. Costa Brava previously had two motions […]
Hedge Fund Driven Merger To Go Through
The Managing Board and Supervisory Board of ABN AMRO Holding N.V. and the Board of Directors of Barclays PLC announced jointly this morning that agreement has been reached on the combination of ABNAMRO and Barclays for $91.16 billion, in the […]
Hedge Fund Activism Creates New Wealth for Law Firms
For corporate lawyers of a certain age, it seems like the 1980s all over again. Proxy fights, once the exclusive domain of investors like Carl C. Icahn, are on the rise. The primary cause is easy to spot: “The resurgence […]
Dollar Higher Against the Yen in Asia
The dollar advanced against the yen in Asia Friday as speculators led by U.S. hedge funds took cues from rising Asian stocks to buy the greenback. The U.S. dollar was trading at 118.70 yen at 2:50 p.m. (0550GMT) Friday, up […]
Aussie funds eye new strategies
Cash-rich Australian mutual funds are exploring a broader range of strategies, and hedge funds are eyeing overseas markets, driving growth in the country’s increasingly competitive prime brokerage market. Australia’s mandatory superannuation pension scheme now holds roughly $600 billion and a […]
Hedge funds worldwide draw $60 billion
Hedge funds globally attracted $60 billion in new money in the first quarter, almost half what they raised all of last year, as institutions shrugged off the industry’s subpar investment gains. Inflows more than tripled from the final three months […]
G7 To Discuss Hedge Fund Oversight
HedgeCo.net – E.U. Finance Ministers are planning to push for more oversight of hedge funds at this week’s Group of 7 meeting in Berlin, the G7 has welcomed the contribution of hedge funds to marketliquidity but still see investor protection […]
Hedge Funds See Record Inflows of $60 billion in 1Q
HedgeCo.net – CHICAGO, (April 19, 2007) – The hedge fund industry saw record inflows of more than $60 billion during the first quarter of 2007, bringing total assets under management to $1.568 trillion, according to data released today by Hedge […]
Citigroup hedge fund chief resigns
New York – Citigroup Inc.’s hedge fund chief, Dean Barr, has resigned, less than a week after the largest U.S. bank agreed to buy Old Lane LP and install Vikram Pandit as chief of its alternativeinvestments unit. The resignation was […]
Zurich’s tax lure for hedge funds
Switzerland is mulling over plans for a special 10pc tax rate for hedge fund managers in a radical move to lure the booming industry away from London. Hans-Rudolf Merz, the finance minister, has held a series of meetings with leaders […]
Hedge Funds Coming of Age Politically
Washington – Tudor Investment Corp. has become the first hedge fund to create a political-action committee, or PAC, in the latest sign of the industry’s coming of age here. The move comes as the rapidly expanding, lightly regulated sector faces […]
InFocus Hires Hedge Fund Manager
HedgeCo.net – InFocus Corporation announced that they have added hedge fund manager John D. Abouchar and Bernard T. Marren to serve as members of the Company’s Board of Directors. Abouchar and Marrenwere designated to serve on the Board of Directors […]