Yearly Archives: 2008
Hedge fund founder barred from pleading
Boston Globe – A federal judge barred Samuel Israel, the convicted founder of hedge fund firm Bayou Group LLC, from entering a plea to bail jumping, saying his addiction to methadone may have impaired his judgment. A US judge cited […]
Baer Capital Taps into India, Launches New Hedge Fund
New York (HedgeCo.Net) – Baer Capital has announced the launch of their new fund that invests in Indian equities, distressed debt and derivatives, further propelling Dubai’s prominence in the hedge fund industry. The Beacon India Alpha Equity Fund is the […]
Yahoo Vote Missed Major Investor
Tampa Tribune – Yahoo is recounting the shareholder vote for its board of directors after discovering that a tabulating firm failed to register the opposition of a major investor. The revision won’t change the outcome of Friday’s election, which retained […]
Fulcrum Group Combines $100bln unit to serve 1000 hedge funds
West Palm Beach (HedgeCo.net) – Fulcrum Group, a leading global administrator for hedge funds and the alternative asset management industry, backed by global private equity firm, 3i, and Butterfield Fund Services (BFS), a top-twenty provider of administration services for investment […]
Crude sticks to downward path
Houston Chronicle – Oil traders sent crude prices tumbling as low as $118 a barrel Tuesday amid a growing belief that a U.S. economic slowdown and high energy costs are curbing consumer demand for gasoline and other petroleum products. Crude […]
Hedge funds expand role as small business lender
Guardian.co.uk – Hedge funds are known for playing many roles on Wall Street, but last-resort lender to small businesses that are turned down by banks is hardly one of them. Yet with the credit crunch pushing many major U.S. banks […]
Big-Dollar Donors Are Major Force in Obama Campaign
New York Times – In an effort to cast himself as independent of the influence of money on politics, Senator Barack Obama often highlights the campaign contributions of $200 or less that have amounted to fully half of the $340 […]
Smith Gambrell Entangled in Hedge Fund Scandal
Law.com – Smith, Gambrell & Russell and one of its former attorneys are caught up in the expensive brouhaha surrounding International Management Associates, a now-defunct investment firm which bilked pro football players, a former Scientific-Atlanta CEO and other well-heeled investors […]
A 405 poem, speed limits and oil hedge funds; Ramping up
Los Angeles Times – The state bill, AB 2321, which would allow a half-cent sales tax to be placed on the November ballot, was put in the suspense file in the State Senate’s Appropriations Committee last night. I’m not sure […]
Global Islamic Fund of Funds Ranked Number One
Al-Bawaba – The Global Islamic Funds of Funds has demonstrated excellent performance in terms of returns and stability and has consistently outperformed other funds in the same category. Global Investment House “Global” announced today that its Global Islamic Fund of […]
How to set up a hedge fund
1 Chose a name A posh part of London or New York can be suitable, as in Pershing Square Capital, Cheyne Capital and Thames River Capital. Or you could choose something slightly aggressive such as Tiger Capital, Citadel Capital or […]
Hedge Funds Capitalizing on Beaten Down Mortgage Market
New York (HedgeCo.Net) – Foreclosed properties present an opportunity, to some, of finding an otherwise unattainable home at a deeply discounted rate. For hedge funds, foreclosures could mean massive returns in the near future. That’s why dozens of hedge funds […]