Yearly Archives: 2010
Europe tightens the screws on hedge funds
Deutsche Welle – A statement released after a meeting of European Union finance ministers in Brussels on Tuesday said the EU had “agreed a mandate for negotiations with the European parliament” to harmonize hedge fund regulation across the 27-nation bloc. […]
Always Look On The Bright Side Of Fund Legislation
WSJ – For those fund managers feeling gloomy about their prospects after the Alternative Investment Fund Managers Directive advanced along various legislative paths in Europe this week – well, they’re probably right to. After all, the passage by both the […]
Man deal may do little to solve U.S. woes
Reuters – London-based Man Group Plc’s math does not add up — at least when it comes to expanding in the rapidly growing U.S. hedge fund market, where it has been trying to establish itself for years. By merging with […]
Hedge Funds Bet Europe’s $1 Trillion Bailout Won’t Solve Crisis
BusinessWeek – Kyle Bass, who made $500 million in 2007 on the U.S. subprime collapse, is betting Europe’s debt crisis won’t be solved by the $1 trillion loan package the International Monetary Fund and European Union agreed on last week. […]
Hedge funds shift failed bank investing strategies
MarketWatch – Hedge fund firms and other private investors have shifted their strategies for investing in the wave of bank failures breaking across the U.S. Initially, hedge funds and private-equity investors tried to buy failed banks directly from the Federal […]
Hedge Fund Inquiry Will Slam Small Funds
CNBC – The latest push for greater regulatory scrutiny of hedge funds will likely be a boon to the biggest, most established hedge funds and a blow to smaller fund managers. Nearly four years ago, the federal courts struck down […]
Hedge Fund Launch: Global Equity Strategies Fund
New York (HedgeCo.net) – Luxembourg based Global Equity Strategies Fund (QQP) has launched operations today, May 18th, 2010. The new global long-short equity fund has appionted Capital Partners Limited (TQCP), a member of the Hedge Fund Association (AIMA), as its […]
EU Seeks U.K. Hedge Fund Deal After Parliament Vote
Bloomberg – European finance ministers are seeking to find a compromise with the U.K. on hedge-fund rules a day after the Parliament approved tougher laws for investment managers in the 27-nation bloc. Yesterday’s vote by the European Parliament’s economic and […]
Merkin Investor Awarded $1.8 Million in Madoff Case
Bloomberg – An investor in J. Ezra Merkin’s Ascot Partners LP, a feeder fund for Ponzi schemer Bernard Madoff, was awarded $1.75 million by arbitrators who found Merkin intentionally breached his fiduciary duty by not disclosing Madoff’s role in the […]
Hedge funds continue to add in financials
Reuters – Some prominent hedge fund managers increased their stakes in financial stocks in the first quarter, showing confidence that the U.S. economy is back on a sustainable growth path. Hedge fund manager John Paulson, who famously bet three years […]
Commission Gets Data on Hedge Funds
WSJ – The biggest lobbying group for hedge funds has handed over names and contact information for its more-than 2,600 members to a congressional commission studying the financial crisis, after the commission demanded it, according to a letter to the […]