Yearly Archives: 2008
W Capital Partners closes USD700m secondaries fund
Private Equity Wire – New York-based W Capital Partners, a private equity fund manager that acquires portfolios of direct private equity and venture capital investments in the secondary market, has announced the closing of W Capital Partners II with USD700m […]
Gore’s $5 Billion Hedge Fund Restricts New Investors
West Palm Beach (HedgeCo.Net) – Al Gore’s investment firm, Generation Investment Management will close its doors to new investors as early as next month. Gore, along with co-founder David Blood, will most likely restrict further investments into the company’s main […]
Spitzer stood up to Wall St. piggery
Baltimore Sun- Whatever Eliot Spitzer may have done in Room 871 at the Mayflower Hotel in Washington on Valentine’s Day, he was the right person at the right time on Wall Street in the early 2000s. Of course Wall Street […]
Hedge Funds Rebound In Febuary
West Palm Beach (HedgeCo.Net)- The Greenwich Global Hedge Fund Index (GGHFI), which currently includes 1091 hedge funds, returned 2.21% in February, rebounding from January’s poor returns. The S&P 500 and MSCI World Equity posted negative returns, while the FTSE 100 […]
ASIC probe on hedge funds –
Melbourne Herald Sun- The corporate watchdog has ratcheted up the pressure on investors involved in short selling, insider trading and market manipulation, with market participants facing requests for information. The Australian Securities and Investments Commission yesterday expanded its investigation into […]
Dexia sees Russia as a “safe haven” on commodities
LONDON (Reuters)- Strong commodity prices are increasing Russia’s relative allure as the threat of a global economic slowdown grows, said a fund manager for Belgian-French asset management firm Dexia. Dexia has raised Russia’s share in its Equities Emerging Europe Fund […]
Vaalco shareholder calls for sale of company
Reuters- The largest institutional shareholder of Vaalco Energy Inc has delivered a letter to the oil and natural gas company’s board calling for the evaluation of strategic alternatives, including a sale of the company. Nanes Delorme Partners said in the […]
BlackRock plans listed fund of hedge funds launch
Reuters UK- U.S. money manager BlackRock said on Tuesday it is planning to launch a London-listed closed-end fund of hedge funds that will offer exposure to its $11 billion (5.5 billion pound) Appreciation Strategy. BlackRock Absolute Return Strategies is expected […]
Hedge funds complain about lenders getting stingy
Reuters- U.S. hedge fund managers Ron Beller and Geoffrey Grant whose two funds recently collapsed blamed bankers for some of their troubles. Lenders, who once helped the pair finance new investments, now wanted the money or assets back, Beller and […]
Bank crackdown sends hedge funds scrambling
Houston Chronicle- The hedge-fund industry is reeling from its worst crisis in a decade as banks are now demanding more money pledged to support outstanding loans even when the investment is backed by the full faith and credit of the […]
Hedge Fund Ads Turn into Constitutional Issue
(Seeking Alpha) – Phillip Goldstein is at it again. The guy who single-handedly vacated the SEC’s hedge fund regulation rule has now threatened to sue his arch nemesis if it doesn’t lift its ban on hedge fund advertising immediately. According […]
Hedge fund Laxey violated Swiss law: regulators
NEW YORK, March 10 (Reuters) – Activist British hedge fund Laxey Partners breached Swiss law in acquiring a 22.89 percent stake in Swiss construction company Implenia AG (IMPN.S: Quote, Profile, Research) without properly disclosing it, the Swiss Federal Banking Commission […]