Yearly Archives: 2008

Two hedge funds are being sued by Charming Shoppes Inc., after they allegedly used shady tactics to nominate 3 members to the board of the company. The plus-size clothing retailer is accusing Crescendo Partners and Myca Partners of filing “misleading […]

West Palm Beach (HedgeCo.Net)- Gill Switalski, a city lawyer and head of legal affairs at F&C Asset Management is talking to lawyers about a record compensation payout of £13.4 million ($27 million). The mother of 2 special needs children had to leave her career […]

Reuters, TOKYO- Japanese government bonds jumped on Monday and the five-year yield hit a 2-1/2-year low on spreading turmoil in global credit markets that has sent investors and hedge funds scrambling to unwind losing positions. JGBs were underpinned by U.S. […]

Reuters- Paulson & Co, the hedge fund group that quadrupled in size last year on the back of the credit crisis, is surging again this year in all three of its major strategies, the firm said. The firm’s performance, disclosed […]

New York Times – Citigroup,  the banking giant, moved Monday to shore up six of its hedge funds pressured by a tightening in the municipal bond market, the newest problem to entangle the struggling company. The bank has committed to […]

Business Standard- Dubai-headquartered Baer Capital Partners is planning to launch two India-dedicated hedge funds this year despite the bearish sentiment ruling the bourses since January-end.   The two funds – Beacon India Opportunities Fund with a corpus of $400 million […]

FINalternatives- Bedrock Alternative Asset Management this month launched its first fund of hedge funds, with plans for another in the near future. The Geneva-based firm’s Dimension Fund debuted with US$36 million in assets, and Bedrock expects a further US$20 million […]

International Herald Tribune- Carlyle Group’s mortgage-bond fund said creditors may liquidate as much as $16 billion of securities unless the two sides reach agreement on debt repayments. The fund has asked lenders to refrain from further sales after they liquidated […]

Reuters- It’s not all gloom and doom in the hedge fund sector, despite some widely publicized meltdowns among funds that invested in credit securities. For instance, Brevan Howard Asset Management’s flagship fund, which manages nearly $17 billion (8 billion pounds), […]

Korea Times- With deregulation planned for the capital market, securities firms find that setting up hedge funds is tantamount to expanding overseas for further growth. What better way is there than to “kill two birds with one stone” by setting […]

Reuters UK- Many investors in alternative assets plan to invest more in real estate after poor returns from the sector in 2007, a PricewaterhouseCoopers (PwC) survey showed on Monday. John Forbes, UK real estate leader at PwC, said some investors […]

Forbes – TOKYO- Japanese government bonds jumped on Monday and the five-year yield hit a 2-1/2-year low on spreading turmoil in global credit markets that has sent investors and hedge funds scrambling to unwind losing positions. JGBs were underpinned by […]