Yearly Archives: 2010

Hedge Funds Posted their Best Performance Year-to-Date in September

Returns for the LAB Liquid Indices suggest that hedge funds produced their best monthly returns year-to-date amid September’s market rally according to Jordan Drachman, Head of Research for Alternative Beta Strategies at Credit Suisse. Dr. Drachman noted, “The Credit Suisse […]

Hedge Fund Mergers and Acquisitions: PGI Agrees to be Acquired by Blackstone

Polymer Group, Inc., today announced it has entered into a definitive agreement to be acquired by an affiliate of Blackstone Capital Partners V L.P. This transaction is the result of the strategic review process initiated by PGI on April 7, […]

Hedge Fund Launch: AQR Risk Parity Fund

New York (HedgeCo.net) – Market-neutral hedge fund management firm, AQR Capital Management (AQR), announced the launch of AQR Risk Parity Fund, the newest addition to its mutual fund family. The new no-load mutual fund, open to retail and institutional investors, began […]

Wealthy look at hedge funds differently

Reuters – Wealthy investors, whose millions helped fuel the hedge fund industry’s early growth spurt, still want to own alternative assets but on new terms, bankers to the world’s richest families said on Monday. Less than two years after the […]

Job creation bonus as Ireland begins to lure hedge funds

eFinancial Careers – Since laws simplifying the process for redomiciliation came into operation earlier this month, hedge funds are queuing up to come to Ireland. The upshot of this is extra work for support services to the industry, which is […]

Ten Biggest U.S. Hedge Funds

Read Complete Article – The latest list of top hedge funds by assets is out and most of the same players remain industry heavyweights. If you don’t have a subscription to AR Magazine, here’s a recap of their latest top 10.  […]

Bond managers raise alarm about France downgrade

Fund Strategy – Amid Ireland’s potentially terminal bank bailout last week, another eurozone woe passed relatively unnoticed: bond managers say France may be the next state to be downgraded. Christophe Akel, a co-manager of the GLG Global Corporate Bond fund, […]

Hedge Fund Launch: Javelin Capital Global Equity Strategies Fund

New York (HedgeCo.net) – Recently authorised investment management firm, Javelin Capital, launched its first hedge fund, the Javelin Capital Global Equity Strategies Fund on October 1st 2010, with seed capital of $31 million. The fund will take long and short […]

Another Goldman vs. Hedge Fund Lawsuit

New York (HedgeCo.net) – Hedge fund Dodona I LLC., has filed a class action suit against Goldman Sachs and seeks damages.  The hedge fund is said to have invested four million dollars in securitized mortgage loans (CDO) under the name Hudson Mezzanine, […]

AllianceBernstein Acquires SunAmerica’s Hedge Fund Group

New York (HedgeCo.net) – Global investment management firm AllianceBernstein L.P. has acquired SunAmerica’s alternative investments group, a team that manages a portfolio of hedge fund and private equity fund investments. “We are pleased to add to our alternative investment capabilities this exceptional […]

Inmarsat falls on stake sale talk, as commodity companies pull FTSE 100 lower

Guardian – Inmarsat is leading the fallers as the market starts the week on a downbeat note. The satellite operator has dropped 18.5p to 650p following reports that US hedge fund Harbinger wanted to sell 10% of its 28% stake in […]

Fortress’s Levinson to Lead Asia Expansion in Buyout Firm’s Singapore Move

Bloomberg – Fortress Investment Group LLC’s Adam Levinson, co-chief investment officer of global macro funds, will move to Singapore to lead the New York-based buyout and hedge-fund firm’s expansion in Asia. Fortress will have an investment team of about 10 people […]