Yearly Archives: 2008
Heidrick & Struggles Increases Strength in Hedge Fund Sector
Forbes- Heidrick & Struggles International, Inc. the world’s premier executive search and leadership consulting firm, today announced the addition of the executives of Schwab Enterprise, a boutique firm specializing in executive placement for the hedge fund industry, to the company’s […]
British hedge fund asks Japan to reconsider offer
Forbes- A British hedge fund asked the Japanese government to reconsider its rejection of the fund’s plans to raise its stake in major utility J-Power. The Children’s Investment Master Fund said Friday the decision process lacked transparency and included incorrect […]
Gabelli Funds pays $16m to SEC
FT Alphaville- Gabelli Funds, an investment adviser to mutual funds, on Thursday agreed to pay $16m to settle SEC charges involving a market-timing arrangement with a UK-based hedge fund. The agreement with Gabelli, which neither admitted nor denied the agency’s […]
Once-lush hedge funds now withering
Marketplace- Several multibillion-dollar hedge funds have disappeared in the past couple of weeks, without benefit of a bailout from the Federal Reserve or JPMorgan. Analysts say dozens more could be looking at the same fate. Bear Stearns is probably the […]
BlackRock misses $500 mln target for fund of hedge funds feeder
Thomson IM- BlackRock Inc. said on Thursday that it raised $275 million from the London listing of a fund of hedge funds feeder, short of the $500 million target it set in March. BlackRock Absolute Return Strategies Ltd (BARS) is a closed-ended […]
BlackRock misses $500 mln target for fund of hedge funds feeder vehicle
Forbes.com – BlackRock Inc. said on Thursday that it raised $275 million from the London listing of a fund of hedge funds feeder, short of the $500 million target it set in March. BlackRock Absolute Return Strategies Ltd (BARS) is […]
Assetz launches foreclosed homes fund
Reuters – Investment firm Assetz said on Tuesday it wanted to raise 20 million pounds for a fund specialising in foreclosed British homes, even though it was still bullish about the outlook for house prices. Assetz Chief Executive Stuart Law […]
Missouri Attorney General Seeks To Halt Hedge Fund ‘Gambling On Grain’
West Palm Beach (Hedgeco.Net)- Missouri Attorney General Jay Nixon is urging the Commodity Futures Trading Commission (CFTC), the federal agency that regulates futures markets, to take action to protect consumers and farmers by reducing the influence of pension funds, hedge […]
Funds offer Orient Exp shares to DLF & Tata group
Economic Times- A clutch of hedge funds with a combined one-third equity interest in the Bermuda-based Orient-Express Hotels (OEH) has approached prospective buyers, including the Tata group and real estate major DLF, to sell their stake in the marque hotel chain. […]
Two London hedge fund managers sell stake to Goldman Sachs
Thomson Financial- Two of the City of London’s top hedge fund managers have sold a multi-million pound stake in their hedge fund to Goldman Sachs Inc., according to the Daily Telegraph. Goldman Sachs’ Petershill fund has bought 54,113 shares in […]
Emerging Makets to Showcase Islamic Finance Initiatives in IFSB Summit
West Palm Beach (HedgeCo.Net)- Malaysia, Singapore and Hong Kong are participating in the country showcases which will be held prior to the 5th Islamic Financial Services Board (IFSB) summit, on 12th May 2008 in Amman, Jordan. The country showcases are […]
Hartford Scours Globe For New Buys
Yahoo News- Saul Pannell and Frank Catrickes’ hunt for investments has taken them to Brazil, China, India and South Africa. As a result, foreign stocks, including Companhia Vale do Rio Doce and Petroleo Brasileiro, account for a third of their […]