Author Archives: the HedgeCo News Team
Education endowments put more with hedge funds
Reuters – Universities and schools put more money into alternative investments like hedge funds in fiscal 2008, researchers reported on Tuesday. The Commonfund Institute, a group that polled 628 educational endowments on their investment tastes, found their appetite for alternatives […]
Eze Castle & Reuters Sponsor Obama Hedge Fund Strategy Panel
West Palm Beach (HedgeCo.net) – Hedge fund tech. provider Eze Castle Integration and Thomson Reuters are sponsoring a panel to discuss hedge fund strategies and regulatory considerations for the Obama administration, the ‘Obama Administration & Hedge Fund Strategies panel’. Hedge […]
FACTBOX-Companies exposed to Madoff
Forbes – Following are some of the companies exposed to the alleged $50 billion securities fraud by Wall Street pioneer Bernard Madoff: * AUSTIN CAPITAL MANAGEMENT – The company managed money for the Massachusetts state pension fund, which lost […]
OPEC Calls for Curbing Speculators, Blames Hedge Funds for Rout
Bloomberg – OPEC wants U.S. regulators to curtail oil trading by hedge funds and speculators who helped make last year the most volatile in crude oil trading. Abdalla el-Badri, secretary-general of the Organization of Petroleum Exporting Countries, is seeking rules […]
Paulson Fund Makes at Least $420 Million Shorting RBS
Bloomberg – Paulson & Co., the hedge fund run by billionaire John Paulson, made at least 295 million pounds ($420 million) since September by short selling Royal Bank of Scotland Group Plc. Paulson held a short position of 0.87 percent […]
Deephaven’s Hedge Fund Bought by Stark Investments
West Palm Beach (HedgeCo.net) – Deephaven Capital Management signed a deal on Tuesday to sell the assets of its flagship hedge fund, Knight Capital Group Inc., to Stark Investments. The founders, Brian Stark and Mike Roth, will give Deephaven investors […]
Has the moment for greater UK hedge fund regulation passed?
Reuters – Tuesday’s grilling of UK hedge fund executives is likely to create plenty of noise but produce little in the way of new rules. While media-shy TCI founder Chris Hohn and others will face tough questions from the Treasury Select Committee […]
Eurekahedge Forecasts More Hedge Fund Launches in 2009
West Palm Beach (HedgeCo.net) – Hedge funds returned a healthy 1% in January, wrapping up a tumultuous 2008 at -12.3%, according to Eurekahedge. Hedge fund assets fell $380 billion or 20% in 2008, from just under $1.9 trillion to just […]
KSK Energy Fund wound up
Reuters India – KSK Emerging India Energy Fund had raised £100 million from AIM last year to invest in Indian energy companies. Global recession has claimed a victim in India. KSK Emerging India Energy Fund (KEF), a £100 million fund […]
Dan K. Thomasson: Gordon Gekko lives
Inside Bay Area – Not Terribly long ago all that was wrong with Wall Street was embodied in the character Gordon Gekko as portrayed by actor Michael Douglas in the smash hit movie, "Wall Street." For those who missed the […]