Yearly Archives: 2010
Hedge Funds Hire As Confidence Returns
WSJ – Some of London’s largest hedge fund managers are stepping up their hiring, adding traders and sales people from investment banks, as well as from their smaller fund manager peers. Among the most active recruiters in recent months have […]
Och-Ziff net loss narrows as incentive fees kick in
MarketWatch – Och-Ziff Capital Management Group, one of the world’s largest hedge-fund firms, reported a narrower quarterly net loss Thursday as lucrative incentive fees kicked in after a period of strong performance. The results exceeded analyst expectations, pushing Och-Ziff shares […]
Africa and Middle East Manager Targets New Investors for Award Winning Hedge Fund
London (Press Release) – Insparo Asset Management (Insparo) has bucked the industry trend by offering shorter redemption terms for its outperforming Africa & Middle East fund. The Insparo Africa & Middle East Fund returned 31.4% in 2009, significantly outperforming the […]
Avenue To Float $3B Distressed Debt Fund
Bloomberg – Avenue Capital Group, the New York- based company started by Marc Lasry, is raising a new fund to invest in distressed debt, according to a person familiar with the discussions. The company, which has about $18.5 billion of […]
Orchard Capital targets new $500 mln Asia hedge fund
Reuters – Hedge fund manager Orchard Capital Partners, which spun-off Stark Investments in 2009, said it has launched a new long/short fund on Thursday which it aims to grow to $500 million in two-three years. The fund, Orchard Gemini, which […]
“Black box” groups join hedge fund scheme
Reuters – Bluecrest and Winton, two of Europe’s biggest hedge fund firms, have signed up to industry body the Hedge Fund Standards Board HFSB.L, giving a boost to the sector’s efforts to fend off tough regulation and meet investor demands. […]
FINRA Issues Notice for Hedge Funds Using Social Media
New York (HedgeCo.net) – Last month the Financial Industry Regulatory Authority (FINRA), issued a regulatory notice giving guidance on how FINRA rules governing communication with the public apply to social media sites that are sponsored by a financial firm or […]
Ex-Gandhara CIO, Goldman Trader Erro Plans New Fund
BusinessWeek – Davide Erro, ex-chief investment officer of Gandhara Capital and a former Goldman Sachs Group Inc. trader, plans to start a new hedge fund in early April, said four people with knowledge of the matter. Hong Kong-based Turiya Advisors […]
Orchard Capital targets new $500 mln Asia hedge fund
Reuters – Hedge fund manager Orchard Capital Partners, which spun-off Stark Investments in 2009, said it has launched a new long/short fund on Thursday which it aims to grow to $500 million in two-three years. The fund, Orchard Gemini, which […]
Temasek plans new investment company
WSJ – Temasek Holdings Pte. Ltd. has set up an investment company called Seatown Holdings Pte. Ltd. as part of its effort to partner more with outside investors. Charles Ong, senior managing director and chief strategist for Temasek, will be […]