Yearly Archives: 2007
Credit Suisse/Tremont Hedge Fund Index Up For March
HedgeCo.net – The Credit Suisse/Tremont Hedge Fund Index is up 1.24% in March and up 3.34% for the first quarter of 2007 according to Oliver Schupp, President of the Credit Suisse Index Co., Inc. “Despite getting off to a rocky […]
Yorkville CFO Takes On Dual Role As COO/CFO And Names Controller
HedgeCo.net -JERSEY CITY, NJ, April 16, 2007- Yorkville Advisors, LLC, a firm engaged in providing structured equity financing solutions to growing companies worldwide, today announced that EdSchinik will take on the role of Chief Operating Officer (COO) in addition to […]
Custom House Assets Under Administration Hit$25 Billion
HedgeCo.net –DUBLIN, APRIL 16, 2007 – Custom House Administration & Corporate Services Limited (“Custom House”), one of the world’s largest independent administrators, today announced that it has topped $25 billion in combined client assets under administration for the first time. […]
Hathersage Strengthens Portfolio Management Team
HedgeCo.net –New York, NY – April 16, 2007 — Hathersage Capital Management, a leading discretionary absolute return currency manager, today announced that it has hired Bill Strack as a Director of Portfolio Management. Mr. Strack, 45, is responsible for […]
Vanguard program draws hedge fund shares
Boston – Hedge fund shares fast are becoming an important source of new donations for the Vanguard Charitable Endowment Program. OAS_RICH(“Middle”); <a href=”http://oas-central.realmedia.com/RealMedia/ads/click_lx.ads/www.investmentnews.com/article/70416007/15620892959/493840214/Middle/crain/INO_COMMONWEALTH_LREC_ROS_0107/IN_omnibus.html/64313363623166313435633761366230?http://www.commonwealth.com/email_campaigns/ads/Commonwealth_trans_406.asp” target=”_blank”><img src=”http://a248.e.akamai.net/6/800/1129/1171490010/oascentral-s.realmedia.com/RealMedia/ads/Creatives/crain/INO_COMMONWEALTH_LREC_ROS_0107/IN_omnibus.jpg” width=336 height=250alt=”Click Here” border=0></a> Over the past 15 months, the $1.62 billion donor-advised fund founded […]
Citigroup hedge fund chief set to depart
Dean Barr, head of Citigroup’s hedge funds unit, is expected to leave the group following the appointment last week of former Morgan Stanley executive Vikram Pandit to head Citigroup Alternative Investments. Mr Barr, a former chief investment officer at Deutsche […]
Multistrategy hedge funds dazzle investors
April 16, 2007 DETROIT  Despite being associated with one of the largest hedge fund implosions in recent memory, the multistrategy hedge fund model continues to represent the gold standard for muchof the $1.2 trillion industry. OAS_RICH(“Middle”); <a href=”http://oas-central.realmedia.com/RealMedia/ads/click_lx.ads/www.investmentnews.com/article/70416003/15620892959/1120366084/Middle/crain/INO_COMMONWEALTH_LREC_ROS_0107/IN_transition.html/64313363623166313435633761366230?http://www.commonwealth.com/email_campaigns/ads/Commonwealth_trans_406.asp” target=”_blank”><img […]
Sallie Mae Agrees to $25 Billion Buy Out
HedgeCo.net – A group consisting of hedge funds JC Flowers & Co. and Friedman Fleischer & Lowe, agreed late last night to buy SLM Corp also known as or Sallie Mae, the US’s largest provider of student loans, in a […]
London Doubles its Share of Global Hedge Fund Assets in Last Four Years
HedgeCo.net – London’s share of global hedge fund assets increased from 10% to 21% between 2002 and 2006, making London one of the fastest growing hedge fund centres according to the 2007 edition of IFSL’s Hedge Funds report. Assets managed […]
American hedge fund trader shrugs off Enron scandal to earn £2.7m a …
A Texan energy trader who emerged from Enron’s ashes, John Arnold, has been crowned as the new king of the hedge fund world with personal earnings of close to £1bn last year after a spectacularlysuccessful bet on the direction of […]
G7 Finance Officials To Meet Hedge Fund Chiefs
Hedge-fund managers planned to meet finance officials from the world’s seven leading economies at the weekend, spurred by a German campaign for tighter regulation of the industry’s risks. The growing role of loosely regulated hedge funds in financial markets has […]
Hedge fund executives doubt shorting value in Asia
Hong Kong – The high cost of shorting stocks and a bull run in Asian markets for much of this decade means many of the region’s long/short equity hedge fund managers have delivered on only half their promise to investors. […]