Yearly Archives: 2008

HSBC Lures Hedge Fund Clients Away From Prime Brokers

Bloomberg – HSBC Holdings Plc, Europe’s biggest bank by market value, is attracting hedge fund business because of concerns that prime brokers are under threat from the credit market collapse, said Tim Howell, the bank’s global head of securities services. […]

Goodman To Raise $500 Million For Asia Fund Launch

West Palm Beach (HedgeCo.Net)- Australia based hedge fund and global property manager, Goodman Property Investors, is raising funds for a $500 million Asia Pacific fund of funds (FoF). The new FoF will invest in established real estate funds across Asia, […]

McCain speaks at hedge fund

Greenwich Time- The Straight Talk Express stopped in town yesterday, with presumptive Republican presidential nominee Sen. John McCain, R-Ariz., speaking at a town hall-style event hosted by hedge fund founder and Greenwich resident Ray Dalio. Before branching out into topics, […]

Centaurus finds opportunities in credit markets

Reuters- The subprime-related meltdown in the corporate debt market is creating the best investment opportunities in the credit markets in years, the head of hedge fund firm Centaurus Capital said on Tuesday. "We expect we are going to be very […]

Banks quick to yank hedge funds

Reuters- Facing huge credit problems of their own, banks are increasingly yanking credit from hedge funds’ trading operations at the slightest hint of trouble, the head of one large hedge fund investment firm said on Tuesday. The trend, which has […]

WR Capital Offers Multi-Strat Fund Of Hedge Funds

FINalternatives- Stamford, Conn.-based WR Capital Management has been busy of late ramping up its fund of hedge funds portfolio. The $388 million firm, which launched WR Select Fund launched in November, recently unveiled the WR Select Enhanced Fund, a multi-strategy […]

Hedge funds’ lure still hot but success uncertain

Reuters- Wall Street bankers and traders, fearing possible layoffs, may strike out on their own and try to launch new hedge funds in the coming weeks, a top industry official said on Tuesday. However, many are expected to fail as […]

Hedge Funds Make It Hard To Say Goodbye

Wall Street Journal- If you thought getting into a hedge fund was tough, try getting out of one. With the markets sputtering, some high-profile hedge funds are rejecting withdrawal requests, with some telling investors that it could be years before […]

Worst not over for hedge funds

Money Management- The worst is not over in the hedge funds sector, with more collapses likely this year, according to the head of the Bank of America’s alternative investment group, David Ballin. Ballin told this week’s Reuters Hedge Fund and […]

NorthPoint Trading Partners Continues Growth, Capitalizing on Its Long/Short Trading Strategies Niche

Firm Partners With Gemini Fund Services, LLC to Provide Fund Managers With Seamless Execution of Alternative Management Strategies ATLANTA, GA – NorthPoint Trading Partners LLC, a premier prime brokerage and fund services company, today announced the continuation of their strategic […]

Merzbach Launches Carbon Hedge Fund

FINalternatives- New York-based Merzbach Group is raising capital for its latest hedge fund, which will focus on the carbon market. Merzbach’s carbon finance strategy seeks to provide capital and services to projects generating carbon assets, according to founder Claude Devillers. […]

Top quotes from the Hedge Fund Summit

Reuters India DEAN VAN DRASEK, EXECUTIVE DIRECTOR, LIM ADVISORS "You’re just waiting for somebody to get a margin call, or somebody to get redemptions, and then they become a forced seller and that drives the price down. So why pick […]