Yearly Archives: 2010
People Moves – Execution Noble Continues Expansion in Energy Sector
Execution Noble LLC, a leading investment banking and securities firm, today announced that it has hired Thomas A. Rinaldi as Senior Energy Desk Analyst to further build out the firm’s expertise in the sector. Rinaldi joins Execution Noble with nearly […]
New Ticonderoga Launch As Hedge Funds Embrace ETFs
New York (HedgeCo.net) – Institutional broker dealer, Ticonderoga Securities has launched an exchange traded funds (ETF) desk, led by industry veteran William Bauer. Bauer joins Ticonderoga with more than 18 years of institutional equity and derivative sales and trading experience, […]
China state fund open to shorting stocks-fund manager
Reuters – China’s $300 billion sovereign wealth fund is looking at directly investing in funds that could benefit from falling equity prices, a top manager at Pyramis Global Advisors said on Monday. China Investment Corp [CIC.UL] spent last year diversifying […]
Exchange-Listed Hedge Funds’ Surprising Survival Rates
SeekingAlpha – Given the market disaster that was 2008, one would expect that any alternative investment firm that dipped its toe into the equity offering market is worse for the wear for becoming publicly held. From London-based and London Stock […]
Former Atticus manager to open new firm
Reuters – Dilan Siritunga, a longtime executive at the hedge fund firm Atticus Capital LP, is planning to open his own firm, according to a person familiar with his plans. Siritunga will become the latest in a string of fund […]
ADIA Says as Much as 45% of Assets Invested in Developed World
BusinessWeek – The Abu Dhabi Investment Authority, one of the worlds’ largest sovereign wealth funds, has invested as much as 45 percent of its assets in developed markets, the fund said in its first annual review. “We began in 2009 […]
The Hedge Fund Wars
WSJ – In a letter dated March 1, Treasury Secretary Timothy Geithner called out the European Union’s proposed “alternative investment fund” regulations as protectionism in drag. He’s right to worry. The proposal, which European finance ministers will discuss tomorrow in […]
Cheyne Capital Fund Bets on Improvement in U.K. Property Market
BusinessWeek – Cheyne Capital Management (U.K.) LLP, a hedge fund firm which oversees $5.5 billion, is betting on an improvement in Britain’s real estate market. Cheyne is boosting the allocation of lower-rated mortgage debt in its Queen’s Walk Investment Ltd. […]
Paulson, Soros hedge funds complete NovaGold investment
MineWeb – Two major hedge funds belonging to uber investor George Soros and renowned fund manager John Paulson have placed their bets on troubled gold junior NovaGold Resources. NovaGold has announced it closed its offering of 18,181,818 shares of the […]
Ex-Boston Provident fund chief trader admits fraud
Reuters – The former chief trader and chief investment manager of Boston Provident LP pleaded guilty on Thursday to charges of stealing $3 million from the Manhattan hedge fund firm. The executive, Ezra Levy, 32, admitted in a plea proceeding […]
Cheyne Capital Fund Bets on Improvement in U.K. Property Market
Bloomberg – Cheyne Capital Management (U.K.) LLP, a hedge fund firm which oversees $5.5 billion, is betting on an improvement in Britain’s real estate market. Cheyne is boosting the allocation of lower-rated mortgage debt in its Queen’s Walk Investment Ltd. […]