Yearly Archives: 2010

Funds of hedge funds face up to bleak future

Reuters – Many small European funds of hedge funds could close or be forced into a merger or sale as falling asset bases hit a sector whose reputation is already badly damaged in the eyes of investors and hedge funds […]

Och-Ziff’s Fund Assets Rose $200 Million on Investor Deposits in August

Bloomberg – Och-Ziff Capital Management Group LLC, the New York-based hedge-fund firm run by Daniel Och, said assets under management rose by $200 million last month as investors deposited money in its funds. Holdings increased to $26.1 billion as of […]

OGI’s Bedwick Set to Double Macro Fund Assets to $100 Million

Bloomberg – The OGI Global Macro Fund, run by former Lehman Brothers Holdings Inc. proprietary trader Allan Bedwick, is set to double assets to about $100 million this month after outperforming hedge-fund peers globally. With money from overseas institutional investors, […]

BNY Mellon Purchases I(3) Hedge Fund Advisors of Toronto

New York (HedgeCo.net) – BNY Mellon, a leading global financial services company, has completed its purchase of I(3) Advisors of Toronto, an independent wealth strategy company with more than C$3.8 billion in assets under advisement. This transaction represents BNY Mellon’s […]

People Moves – Frederic Gautier Appointed Portfolio Manager of Chilton’s European Equities Strategy

Stamford, CT and London (Press release) – Chilton Investment Company, LLC, a global investment management firm with approximately $6 billion in assets under management, announced today that Frederic Gautier has joined the firm as Portfolio Manager of Chilton’s European equities […]

Hedge Fund Strategies: Galtere’s Agribusiness

New York (HedgeCo.net) – U.S. registered investment manager Galtere has launched an agribusiness private equity strategy that aims to take advantage of the shift in global market dynamics and a growing worldwide demand for commodities from institutional investors. The agribusiness […]

Hedge Funds Care Golf Tournament Raises Over $170,000

New York (HedgeCo.net) – Hedge Funds Care’s 3rd Annual East Coast Golf Tournament raised a record of over $170,000 for the support of the charity’s grantees. “With over 30 foursomes participating in this year’s tournament, the turn out of the […]

Ucits hedge funds attract hedge funds keen to tap institutional investors

Hedge Funds Review – Launches of absolute return funds managed by traditional asset-management houses or by hedge funds have surged over the last 18 months although the industry remains at the early stages of development. The growth is attributed in part […]

Hedge funds sue to block Ambac transfers

MarketWatch – A group of hedge funds, including credit giant King Street Capital, have sued Ambac Financial Group Inc. to try to stop transfers from its main bond-insurance unit to the holding company. The funds, which also include Aurelius Capital […]

Ex-hedge fund manager in SEC insider trading accord

Reuters – A former hedge fund manager and a pharmaceutical executive have agreed to settle federal insider trading charges related to the 2007 takeover of biotechnology company MedImmune Inc, the U.S. Securities and Exchange Commission said on Wednesday. Stephen R. […]

China May See First Hedge Fund Registered

Shanghai Daily – E Fund Management Co plans to launch China’s first officially registered hedge fund to limit market risks through stock index futures and maximize returns of each unit of risk. The country’s second-largest asset management company will be able […]

People Moves: Lakeview Fund of Hedge Funds Appoints Tony Lissuzzo as Portfolio Manager

New York (HedgeCo.net) – Activist fund of hedge funds, Lakeview Investment Managent, has appointed Tony Lissuzzo as Portfolio Manager of the Lakeview Opportunity Funds. Lissuzzio will be responsible for portfolio management as well as manager due diligence. Based in Chicago, […]