Yearly Archives: 2008
Activist fund asks UK to impose sanctions on Japan
TOKYO (Reuters)- The Children’s Investment Fund (TCI) has asked Britain to impose sanctions on Japan, after the activist fund’s request to double its stake in Japanese electricity wholesaler J-Power was rebuffed, a spokesman for TCI said on Thursday. Last week […]
Ambitious targets galvanise fund industry
Isle of Man Today- TARGETS set by the Smith report are now more ambitious than when they were set, but Fund Managers’ Association chairman Anthony Long believes they are a ‘galvanising’ force for the industry. In March 2007 the Smith […]
Superstar ‘dude’ walks away from $263m
The Austrailan- SUPER-CONFIDENT Australian investment manager Greg Coffey has walked away from a lump sum of $US250 million ($263 million) in share options and other tied-up benefits by quitting his job at a London hedge fund to start his own […]
AXA IM favours liquid hedge fund strategies
Reuters- Equity markets are set to make little progress during the rest of 2008, but more liquid hedge fund strategies such as global macro and managed futures are likely to perform well, according to AXA Investment Managers. March was a […]
Investcorp to launch new hedge fund with Paulson’s lead
West Palm Beach (HedgeCo.Net) – John Paulson’s $3.7 billion salary last year is attracting a lot more than just new investors for his hedge fund; it’s prompting hedge fund managers to say “Hey, if you cant beat ’em, join ’em.” […]
Connecticut Hedge Fund Association Member Joins Bracewell & Giuliani
West Palm Beach (Hedgeco.Net)- Bracewell & Giuliani LLP has appointed hedge fund specialist John A. Brunjes as partner in their Private Investment Funds practice. “Connecticut is home to hundreds of hedge, private equity and other alternative investment funds, as well […]
Hedge fund adds to stake in Pantry
Bizjournals.com- An Oregon hedge fund has upped its stake in The Pantry. Stadium Capital Management, a fund investing in small-cap companies, now owns 6.4 percent of The Pantry (Nasdaq: PTRY), according to regulatory documents. It owns 1.42 million shares of […]
Wall Street financier gets his name alongside New York lions
Kansas City Star- Patience, Fortitude – and Stephen A. Schwarzman? The two stone lions that have famously bracketed the front steps of the New York Public Library for nearly a century will soon have to move over, symbolically, that is, […]
Hedge Funds Care Announces Benefit Gala
West Palm Beach (HedgeCo.Net)- The Midwest Chapter of Hedge Funds Care (HFC) announced its sixth annual benefit, “Open Your Heart to the Children”. Organizers of the black tie gala hope to top the $900,000 which was raised at last year’s […]
FMC likely to ban hedge, PE funds from futures
Economic Times- Commodity markets regulator, Forward Markets Commission (FMC), is considering a ban on hedge funds and PE funds from trading on the country’s commexes, a top government official said. “Although hedge and PE funds play a major role in […]
Obama and Clinton getting support from hedge funds
National Post- While John McCain may seem like the obvious choice for Wall Street’s ultra-rich since the Republican is undoubtedly the candidate with the best chances of making the Bush tax cuts permanent, Democratic rivals Hillary Clinton and Barack Obama […]
Hedge Fund Man Investments Launches Own Product
West Palm Beach (HedgeCo.net)- Man Investments announced the launch of Man Vision Index Notes, ‘We are seeing significant changes in world capital flows,’ says Man Group chief executive Peter Clarke.’ The launch centers on a capital-guaranteed hedge fund product that […]