Yearly Archives: 2007
Buyout Firms, Hedge Funds See Year-Long Credit Slump
Bloomberg- The worldwide slump in credit markets is likely to last for at least another year, triggering a reduction in leveraged buyouts, according to a survey of banks, private-equity managers andhedge funds in Europe. Borrowing will be constrained as investors […]
Activist hedge fund returns hit hard as deals collapse
Financial Times- Hedge funds aiming to profit from activism and corporate events have been hit hard this month as a raft of deals fell through and markets plummeted. The so-called event-driven sector, which includes many of the best-known activist hedge […]
Hedge fund takes biggest stake in Northern Rock
Guardian Unlimited- A hedge fund controlled by Jon Wood, the former star trader at investment bank UBS, has become the biggest shareholder in Northern Rock. The fund raised its stake to 8.5%, itemerged yesterday, indicating Wood’s determination to play a […]
Abu Dhabi deal highlights power of sovereign funds
Boston Globe- The decision by the world’s largest sovereign wealth fund to invest billions in struggling Citigrouphas highlighted the growing economic power of Arab Gulf states, awash with money because of high oil prices. US officials have voiced concerns about […]
HSBC’s Hedge Funds Make Their Way Down Under
FinAlternatives- HSBC it taking its alternative investment products to the Outback. The firm has launched HSBC Alternative Investments in Australia to distribute funds of hedge funds to local investors. HAIL Australia will target institutional investors as well as asset consultants […]
Eze Castle Integration Introduces Eze Managed Suites for Hedge Funds
Forbes- Eze Castle Integration, Inc., a leading provider of technology and IT services to hedge funds and investment firms, today announced its Eze Managed Suites in New York City. Located inMidtown, Eze Castle’s fully managed suites bundle hedge fund-specific technology […]
HedgeOp Enhances ComplianceTrak Web-Based Compliance Tracking
Leading compliance firm also extends Alliance Program to include prime brokers and administrators that want to “white label†this product to help their clients fulfill compliance responsibilities, boost operational productivity, and demonstrate a culture of compliance excellence to investors, auditors […]
Quantitative hedge funds blamed for turmoil
London Stock Exchange- August’s stock market turmoil was the result of de-leverage and re-leverage activity in the quantitative hedge fund sector, it has been suggested. Research conducted by Lehman Brothers Alternative Investment Management (LBAIM) concluded that too many quantitative hedge […]
Ohio universities investing money in hedge funds
Cincinnati Post- Ohio’s universities are increasingly risking surplus money from taxpayers, tuition and other sources in hedge funds, but critics say they’re wary of the unorthodox investmentstrategies used by the unregulated private investment plans. After a 2002 change to state […]
Funds Add Fuel to Airline Deal Talk
Wall Street Journal- U.S. airlines are once again flirting with potential mergers. But this time, hedge funds are providing some of the push. Pardus Capital Management LP, an investor in both Delta Air Lines Inc. and United Airlines parent UAL […]
SEB Acquires Fund of Hedge Funds KAM Group
HedgeCo.Net- In a strategic step to continue to grow in the alternative investments, SEB has reached an agreement to acquire 100% of the shares in London based KAM Group Limited (“Key AssetManagement. Key Asset Management is a leading European fund of […]
Hedge Funds
Wall Street Journal- Hedge funds have become famous for using borrowed money to boost their returns. But the upheaval in credit markets is shedding light on another way they use it: to make themselves look bigger than they really are. […]