Yearly Archives: 2010

Hedge funds to face more delay with French demand

French Tribune – Discussions to rupture a gridlock stuck between Britain and France above the design of latest EU hedge-fund domination finished in confusion on Wednesday, placing their finance ministers on track for a conflict when they convene next week. […]

Fortune ‘banks’ on Ackman

New York Post – Fortune Brands is searching for an investment bank to possibly help defend the company against shareholder activist William Ackman, The Post has learned. Last week Ackman disclosed that his hedge fund, Pershing Square Capital Management, had […]

Funds of hedge funds to hold portfolios steady

Reuters – Funds of hedge fund managers are not about to make any big changes to their portfolios in the coming six months as investors fret the world economy’s recovery from the Great Recession is stuttering, a Reuters poll showed. […]

Hedge fund managers seek comfort in numbers

Irish Times – “GROUP THERAPY for hedge funds” was how one investment manager with some of the €250 million of subordinated debt at Irish Nationwide described a conference call being held today by a London law firm for disgruntled bondholders. […]

Hedge Fund Mergers & Acquisitions: Man & GLG Partners – $63 Billon.

New York (HedgeCo.net) – GLG Partners, Inc,. has been acquired by by hedge fund giant Man Group plc today, making GLG a wholly owned subsidiary of Man. The goal being to create a multi-style, performance-focused alternative asset manager with funds […]

50 Cent Gets $200 Million From Hedge Fund Film Partners

New York (HedgeCo.net) – George Furla’s Hedge Fund Film Partners has invested $200 million in actor/rapper 50 Cent’s film company Cheetah Vision, according to Variety magazine. “The thing about 50 Cent is that, just like in his music career, he […]

Crest Nicholson faces another shake-up by debt fund

Telegraph – Last month debt fund specialist Varde swooped on Crest, buying a 30pc equity stake and a quarter of its loans from Lloyds Banking Group in a £150m deal. The hedge fund, which is looking to strengthen its grip […]

How to attend the Value Investing Congress

Reuters – It’s the Value Investing Congress today and tomorrow, I’m not sure whether I’m going to be able to make it at all, but you can be sure that lots of financial journalists will be filing breathless reports about various […]

Richard Plackett steps down as manager on BlackRock UK Smaller Companies

FundStrategy – Richard Plackett has handed the management of his BlackRock UK Smaller Companies fund to Ralph Cox. Cox has been managing the £328m fund alongside Plackett since August 2007. Cox has also worked with him on the BlackRock UK […]

Eurekahedge: Hedge funds deliver best returns in 16 months

New York (HedgeCo.net) – The Eurekahedge Hedge Fund Index advanced to a healthy 5.15% year-to-date return, after witnessing its best September on record. The MSCI World Index also posted strong gains of 6.75% for the month. Hedge funds were positive […]

UBS Awards $116 Million To Standard Life Investments Hedge Fund Portfolio

New York (HedgeHo.net) – Standard Life Investments has been selected by UBS PACE Select Advisors Trust to manage a 25% (approximately $116.5m) component of its UBS PACE Alternative Strategies Investments. In managing its portion of the hedge fund, Standard Life Investments […]

Alternative Investments North America Summit Fall 2010

The forum will take place at Red Rock Casino Resort & Spa, Las Vegas, Nevada, October 14-16, 2010. The meeting will bring together esteemed industry thought leaders and service providers to a highly focused and interactive networking event. The summit includes presentations […]