Yearly Archives: 2010
Morningstar: Hedge Funds Up 7.6% Over The Third Quarter
New York (HedgeCo.net) – September closed out a profitable quarter for hedge funds. The Morningstar 1000 Hedge Fund Index rose 5.2% in September and 7.6% over the third quarter, while the currency-hedged Morningstar MSCI Composite Index climbed 2.8% for the […]
Hedge fund Seneca Capital opposes Dynegy deal
Reuters – Seneca Capital, a hedge fund that owns about 9.3 percent of Dynegy’s shares, on Thursday said it believes Blackstone Group’s price to buy the struggling power company is too low, joining billionaire investor Carl Icahn in opposition to […]
Orix Aims to Double Mariner Hedge Fund Assets to $20 Billion in Five Years
Bloomberg – Orix Corp., a Japanese financial services company, aims to double assets managed by the U.S. hedge fund it is buying within five years to more than $20 billion to capitalize on rising demand from pension funds. Orix USA […]
Financial Markets Releases Money Market Funds Report
Washington – The President’s Working Group on Financial Markets (PWG) today released a report detailing a number of options for reforms related to money market funds. These options address the vulnerabilities of money market funds that contributed to the financial […]
Update: Hedge Fund Mergers: Quest Partners With Revere Capital Advisors
New York (HedgeCo.net) – Revere Capital Advisors LLC has partnered with Quest Partners LLC, an established New York based CTA. Revere, a New York and London based hedge fund firm, said the partnership reflects its ongoing commitment to source the […]
Prosecutor: No evidence Moodys schemed with Nadel
Herald Tribune – The latest salvo from U.S. attorneys comes in response to a claim by Nadel’s federal defenders that his hedge-fund partners, Neil and Christopher Moody, were key to setting up and attracting investors to the Sarasota-based funds. While […]
Och-Ziff Wins Lawsuit Against London Firm OCH Over Name Use
Bloomberg – Och-Ziff Capital Management Group, the hedge-fund firm run by Daniel Och, won a lawsuit against a London investment adviser and its founder to block the use of the Och name. OCH Capital LLP and Thomas Ochocki infringed the […]
Lasry’s Avenue Capital Group to Raise Fund to Invest in High-Yield Debt
Bloomberg – Avenue Capital Group, the hedge fund run by Marc Lasry, plans to raise a fund to buy different types of credit by selling shares to the public, a first for the firm. The firm has hired Randy Takian from Morgan […]
Hedge Fund Fumble
Forbes – Three years ago Randy Lerner, the billionaire owner of the Cleveland Browns football team, invested $40 million in a new hedge fund based in New York. Lerner thought it was the right call. His investment, he later claimed, […]
N.Y. hedge fund exec financed DeFazio hit ads
News Review – A New York hedge fund executive is behind the television ads aimed at defeating U.S. Rep. Peter DeFazio. The ads delighted Robinson, infuriated DeFazio and brought national attention to the race and the fallout from a U.S. […]
