Yearly Archives: 2008
Artemis snares prize manager ‘Rock Hard’ Ruth Keattch for flagship fund
Daily Telegraph – Ruth Keattch, the star fund manager nicknamed "Rock Hard Ruth", is to make a come-back with a move to Artemis, the activist fund manager with £14bn under management. Mrs Keattch, who earned a fearsome reputation at Deutsche […]
Small payback belies big impact of 2003 mutual-funds
Seattle Times – Five years ago, the mutual- fund world was rocked by the biggest scandal in its 80-year history. Fund companies gave some customers trading privileges that weren’t open to everyone; those special interests — notably some hedge funds […]
Shy Tycoon Makes Very Big Splash
NationalJournal.com – Among the elite and deep-pocketed GOP fundraisers and donors at the convention, few can rival Paul Singer, a New York hedge-fund tycoon who has raked in more than $500,000 for the John McCain campaign. Earlier, he raised a […]
Hedge-fund chief gains seat on Sara Lee board
Chicago Tribune – The leader of an activist hedge fund with a significant stake in Sara Lee Corp. has been added to the foodmaker’s board of directors. Downers Grove-based Sara Lee said Thursday that it is expanding its 10-member board […]
Fund manager DEGI buys $247 mln Polish business park
Reuters UK – DEGI, a fund management unit of Aberdeen Property Investors, has bought one of Warsaw’s biggest business parks for 167 million euros (135 million pounds) in a bid to boost its exposure to Poland’s fast-growing economy. The 43,700 […]
LaSalle raises $3 billion Asia property fund
Reuters – LaSalle Investment Management has raised a $3 billion (1.64 billion pounds) "opportunity" fund for Asian property, saying it is interested in investing in Japan, China and South Korea. The fund management unit of property services firm Jones Lang […]
Former Goldman Big Departs From Hedgie Halcylon
New York Post – Former Goldman Sachs exec Steve Mandis has left the $12 billion hedge fund Halcyon Asset Management – one of the oldest hedge funds on Wall Street, according to an investor letter. Mandis was vice chairman and […]
Apollo’s Hexion rejects Huntsman shareholder plan
Guardian.co.uk – Four large hedge funds, all shareholders of Huntsman Corp, have proposed a plan to salvage a $6.5 billion buyout of the chemical company by a unit of Apollo Global Management. But Apollo’s Hexion Specialty Chemicals unit late Thursday […]
Petrobras, Potash Added to Goldman Hedge Fund List
Bloomberg – Petroleo Brasileiro SA, Brazil’s state-controlled oil company, and Potash Corp. of Saskatchewan Inc., the world’s largest producer of the crop nutrient, were added to Goldman Sachs Group Inc.’s list of the most popular stocks among hedge fund managers. […]
FINCAD Targets Hedge Funds With Webinar
West Palm Beach (HedgeCo.net) – FINCAD is hosting a webinar specifically targeted towards hedge funds titled, ‘Hedge Funds: Scenario and Risk Analysis for your OTC Derivatives Portfolio’ and will feature analysts from FINCADs professional services team. "This is a rapidly […]
Hedge fund Ore Hill limits redemptions
Reuters – Hedge fund Ore Hill Partners, which specialises in credit strategies, has barred clients from redeeming their money from its flagship offering, imposing a freeze just as investors clamored for an exit, the company said on Friday. The firm, […]