Author Archives: the HedgeCo News Team
Oxford Funding adds $40 Million in New Properties to its Hedge Fund
West Palm Beach (HedgeCo.net) – Oxford Funding Corp. has signed a letter of intent to acquire $40 million in new properties into its hedge fund, The Oxford Opportunistic Mortgage Fund, Ltd. The assets are being acquired from ARCOA Capital Partners, LP, […]
Experts Discuss Hedge Fund Growth at ‘Fighting the Tape’ Seminar
West Palm Beach (HedgeCo.net) – Top financial industry leaders and more than 200 attendees gathered in New York late last week discuss the volatile hedge fund market and provide insights on distressed funds. Sponsored by global offshore law firm Walkers, the […]
EU Hedge Funds May Face Greater Regulation
New York (HedgeCo.Net) – Those who push for greater transparency of the hedge fund industry had a victory this week, when an EU official all but declared that funds in the European Union will be regulated. Charlie McCreevy, the bloc’s […]
Lee Sustains Losses, May Shut Down Two Hedge Funds
New York (HedgeCo.Net) – Hedge fund investor Thomas H. Lee may downsize or shut the door to two of his funds after posting losses of about 40 percent this year, according to the Wall Street Journal. The funds, which together […]
Hedge fund “cowboys” damaging industry
Reuters UK – Hedge funds are suffering "tremendous" reputational damage because promises to make money whichever way markets move have not been fulfilled, although in the long run the industry will benefit from the shake-out, Veritas Asset Asset Management manager Ezra Sun […]
Merkel urges EU to approve German bank aid
Forbes – German Chancellor Angela Merkel on Thursday called on the European Commission to quickly approve Germany’s planned aid for lender Commerzbank as part of its bank rescue package. Germany is in a dispute with the Commission over whether the […]
Citadel Hedge Funds Down, But Not Out
New York (HedgeCo.Net) – Chicago-based Citadel Investment Group lost 13 percent in November, according to a report published by the Wall Street Journal. This brings the hedge fund firm’s total losses to 47 percent for the year. The losses stem […]
Breakingviews.com Hedge Funds Need Makeover
New York Times – Hedge funds are facing many agonies. They are tortured by redemptions. Then there are “high water marks,” another now-troublesome part of their model. They need to fix such flaws if they are to fight another day. […]
UPDATE 2-Thomas H. Lee mulls shrinking 2 funds
Reuters – Private equity investor Thomas H. Lee may shrink or shut down two funds that had $1.5 billion in assets after suffering losses of about 40 percent this year, the Wall Street Journal reported on Thursday, citing people familiar […]
Paulson: Unaffected by Hard Times
New York (HedgeCo.Net) – At a time when most hedge funds are posting their worst year to date, John Paulson somehow manages to stay afloat. The founder of Paulson & Co. has informed investors that his funds are in fact […]
John Paulson’s Advantage funds make more money in November
Reuters – Hedge fund manager John Paulson told investors that he made money again in November, leaving his biggest funds with double-digit gains for the year at a time many prominent rivals are nursing heavy losses. Paulson’s roughly $5 billion […]
PureWave Secures 12 Million with help of 4 Venture Funds
West Palm Beach (HedgeCo.net) – PureWave Networks Inc. has raised $12 million in Series B funding. ATA Ventures and Leapfrog Ventures were joined by venture funds Allegis Capital and Benhamou Global Ventures. Two new funds, ATA Ventures and Leapfrog Ventures, have […]