Monthly Archives: June 2008

Fairfax interests warn hedge funds

The Australian- The private company controlled by John B. Fairfax, Marinya Media, which owns 14 per cent of Fairfax Media, has issued a blunt message to speculators and hedge funds that it is not vulnerable to margin calls, despite suffering […]

What is it like working for a hedge fund?

BBC News- Hedge funds tend to be based well away from London’s financial hotspots such as the City and Canary Wharf, in districts such as Mayfair. But his employer, Lionhart Investments, is based next door to the golf club in […]

Ashmore “special situations” fund goes private equity

Reuters- Distressed debt in emerging markets is now harder to find than in developed economies, asset manager Ashmore says, but its "special situations" funds see good growth in emerging private equity. Ashmore’s Global Special Situations Funds started a decade ago […]

ICICI Ventures to list $1.5bn realty fund on London Stock Exchange

MSN India- ICICI Venture Fund Management is planning to list its $1.5 billion real estate fund on the London Stock Exchange (LSE).  According to sources, the fund house will be providing the flexibility in the document to list the realty […]

Citigroup’s head of hedge fund services leaves

BusinessWeek- Citigroup Inc.’s head of hedge fund services is leaving the company, according to an internal company memo. Steve Bowman has worked at Citi, now the nation’s largest bank by assets, for 24 years in both the New York and […]

Area hedge funds the lure for West Coast firm

Norwalk Advocate- A California firm that provides financial assistance to companies has chosen Westport to locate its first East Coast operation. Seeking to expand its operations to lucrative Greater New York and Fairfield County, San Francisco-based Business Capital, a provider […]

FaceBook Guru to Try His Hand at Alternative Investments

New York (HedgeCo.Net) – Matt Cohler, one of the early faces behind the wildly popular Facebook, will join venture capital firm Benchmark Capital.  Cohler will assist in locating investment opportunities in web based services and will work with the company’s […]

Hedge funds lobbying with stealth

Politico.com- Sometimes in Washington, stealth is more important than strength. In recent years, hedge fund managers, who oversee those secretive and lightly regulated pools of billions of dollars of investment capital, have gotten increasingly worried about whether Washington will change […]

Bear Stearns defendants’ e-mail use ‘dumbfounding,’ lawyers say

Seattle Post- Incriminating messages allegedly sent by two ex-Bear Stearns Cos. hedge fund managers indicted on fraud charges that even sophisticated professionals disregard the dangers of putting sensitive information in e-mails, ex-prosecutors said. Ralph Cioffi, 52, and Matthew Tannin, 46, […]

City Council Members Support Tax on Hedge Funds

Gothamist- The NY Sun reports 26 out of the 51 City Council members support an Assembly bill that would require hedge fund and private equity managers to pay more in taxes. The City Council is looking for ways to raise […]

Athamas Hedge Fund Launch

West Palm Beach (HedgeCo.Net)- Athamas Capital, a Luxembourg domiciled alternative investment fund, has announced the launch of the Athamas Capital SICAV SIF Hedge Fund. (Specialised Investment Fund) Launched on June 1st, the hedge fund´s strategy is to achieve an absolute […]

‘Shorting’ hedge funds come out of the HBOS shadows

Scotsman- Mysterious global hedge funds which hope to profit from betting that the price of HBOS shares will continue to plummet emerged from the shadows yesterday. On the first day of new rules to bring greater transparency to "short selling", […]