Author Archives: the HedgeCo News Team
Hermes Fund Managers appoints Bridgepoint to oversee its private equity funds
AltAssets – Multi-boutique asset manager Hermes Fund Managers will move away from direct private equity investments. As such, the firm has appointed Bridgepoint, the European private equity firm, to manage its direct investment vehicles, Hermes Private Equity Partners II and […]
Ramius Fund Of Funds Group LLC and Hatteras Capital Investment Management, LLC Announce Joint Venture
New York, NY – Ramius Fund of Funds Group LLC, an investment adviser that provides discretionary investment management services to U.S. and international clients in the alternative investment space and Hatteras Capital Investment Management, LLC, a provider of unique alternative […]
Hedge Funds Size/Performance, Crisis Analysis
West Palm Beach (HedgeCo.net) – A recent paper by AlternativeSoft regarding the influence of hedge fund size and strategy during the recent crisis, showed that that from July to December 2008, large and medium hedge funds outperformed their smaller peers […]
Adviser calls for legal action against Matrix
CityWire.co.uk – Matrix’ marketing material continues to state the objective of the Bastion fund is to ‘generate consistent returns over the medium term with low correlation to major stock and fixed income market indices with a low degree of risk.’ […]
InfoHedge Technologies Certified as Paladyne Systems Implementation Partner
NEW YORK – InfoHedge Technologies, a leading provider of IT services and solutions to the alternative investment industry, and Paladyne Systems, Inc., a leading solutions provider to the global hedge fund industry, today announced that InfoHedge Technologies has been designated […]
Hedge fund hotshot Robert Mercer files lawsuit over $2M model
New York Daily News – A hedge fund hotshot’s lawsuit over a toy railroad setup sounds more like the great train robbery than Thomas the Tank Engine. Robert Mercer is accusing the builder of overcharging him by nearly $2 million […]
Dynamic Hedge Fund May Be Placed Under Liquidator’s Protection
Bloomberg – A Cayman Islands court may decide tomorrow to put Dynamic Decisions Capital Management Ltd.’s main hedge fund under the protection of an outside firm after investors accused the manager of “gross mismanagement and misfeasance,” according to people familiar […]
Julius Baer appoints Collardi private bank CEO
Alibaba News Channel – Swiss banking group Julius Baer appointed Boris Collardi as new chief executive of its private banking unit, a permanent replacement for Alex Widmer, who committed suicide in December. Collardi, born in 1974 and currently chief operating […]
Ex-Vitol Trader to Start $100 Million Oil Hedge Fund
Bloomberg – Andrew Serotta, the Vitol Group oil trader who left last year as the firm scaled back its derivatives business, said he plans to start a $100 million hedge fund called Logista Capital to trade in crude futures. The […]
Hedge Funds Bulk at UK Tax Plans
CNBC – A group of powerful hedge-fund managers warned that they could quit London if taxes become too onerous. Richard Lambert, director-general of the Confederation of British Industry, considers the outlook for UK taxes. You say the name of a […]
Institutional Investors Plan to Increase Hedge Fund Allocations in 2009
West Palm Beach (HedgeCo.net) – A study by State Street Corporation indicates that the turbulent financial markets have not caused major shifts in institutional asset allocations. Three quarters of institutional investors said they do not plan to modify portfolio allocations. […]
Blackstone Rejects SEC Request for Fund Data as Fortress Agrees
Bloomberg – Blackstone Group LP, the world’s largest private-equity firm, rebuffed a request from securities regulators to publicly disclose the performance of its buyout and hedge funds while Fortress Investment Group LLC agreed. The U.S. Securities and Exchange Commission asked […]