Yearly Archives: 2008
Hedge funds find new openings in low-leverage world
Guardian- Exploiting opportunities created by wild market movements, rather than loading up on leverage, will be the key to hedge fund returns this year. While prime brokers tighten credit lines as the credit crisis unfolds, hedge funds see excellent opportunities […]
Man Group buys 50 percent of fund manager Ore Hill
Reuters- Man Group, the world’s largest listed hedge fund company, will buy 50 percent of U.S. credit specialist fund manager Ore Hill, seizing on what it said was "significant opportunity" presented by the credit crisis. Man said on Monday it […]
Russell closes two fund of funds
FT Alphaville- Russell Investments is closing down two of its three main hedge fund of funds after assets under management in the division dropped precipitously to less than $2bn – a third of the level of only six months ago. […]
Hedge Funds Boost Loans to Small Companies in Asia
Bloomberg- An increasing number of hedge fund managers in Asia are making loans to small companies as they search for more stable returns, according to the chairman of Singapore’s hedge fund lobby. As many as 25 percent of funds managing […]
Morgan Stanley will take stake in Hawker Capital
West Palm Beach (HedgeCo.Net) – Morgan Stanley Investment Management says it has agreed to take a minority stake in the London-based hedge fund firm Hawker Capital. This will add to the $577 billion in assets that MSIM currently manages through […]
SEC Fuels New Mark-to-Market Conspiracy Theories
Bloomberg – Once again, the Securities and Exchange Commission is fueling suspicions that it has crafted yet another new accounting loophole for financial institutions trying to avoid big writedowns. Now for the strange part: The confusion, which centers on how […]
Blackstone Creates Fund Worth Over 10 Billion
West Palm Beach (HedgeCo.net)- Hedge fund Blackstone Group L.P. announced the closing of Blackstone Real Estate Partners VI (BREP VI) with capital commitments totaling $10.9 billion, creating the largest real estate opportunity fund ever raised. The new fund has more […]
Former Secretary of State for Texas To Host Entreprenurial Funding Conference
West Palm Beach (HedgeCo.net)- Hedge fund weath manager CACH Capital Management announced that former Secretary of State for Texas and current co-founder & Chairman Honorable, Geoffrey S. Connor will be a Keynote at the Central Texas Entrepreneur Funding Symposium. The […]
US hedge fund Pardus freezes redemptions
CNNMoney.com- New York activist hedge fund Pardus Capital Management LP is halting investor redemptions indefinitely at a time when many of its holdings are plummeting in value, the Wall Street Journal reported. Pardus, which manages more than $2 billion, is […]
Bank Of NY Tops $200 Billion Hedge Fund Assets Under Administration
CNNMoney.com- Bank of New York Mellon Corp. (BK) said Tuesday its alternative investment services business has surpassed $200 billion in hedge fund assets under administration. The New York financial services giant said the milestone reflects "rapid global growth in the […]
Yellow Pages fights hedge fund factor with buyback
Globe and Mail- Lots of executives complain that hedge fund trading weighs heavy on their stock. Yellow Pages Income Fund is actually doing something about the problem. Yellow Pages announced Friday that it will spend up to $300-million buying back […]
Small shareholders of the UK, Unite
Investors Chronicle- Brian Peart, Northern Rock‘s largest private shareholder, was looking forward to a quiet retirement after years of running his successful Durham-based building firm. His nest egg of 120,000 Northern Rock shares was his biggest investment. Now, estimating a […]