Author Archives: the HedgeCo News Team
Tribridge To Launch New Hedge Fund, Hires Former BofA Executive
NASDAQ – Tribridge Investment Partners Ltd., a Hong Kong-based hedge fund manager, said Monday it will launch a new fund in August and hired John Liptak, former head of Bank of America Corp.’s Asia special situations group, to run it. […]
Hedge Fund Replication Mutual Fund Marks One Year Anniversary
HedgeCo.net (West Palm Beach) – One of the first no-load, open-end mutual funds designed to replicate broad-based hedge fund performance characteristics, the ‘IQ ALPHA Hedge Strategy Fund’ (IQHIX) has marked its one-year anniversary on June 30th, 2009. For the trailing […]
Is the sun setting on London’s financial reign?
Globe and Mail – Paris, so far, has emerged as the most serious challenger. But Mr. Sarkozy may be his own worst enemy on this file. The reason: He and his German allies are wholesale supporters of the European Union […]
MFA Comments On Obamas Private Fund Investment Advisers Registration Act of 2009
New York (HedgeCo.net) – Richard H. Baker, President and CEO of the Managed Funds Association (MFA) wrote a letter to MFA members this afternoon, highlighting today’s announcement by the Obama Administration requiring all advisers to hedge funds and other private […]
For New Jersey Governor, a New Fund-Raising Reality
New York Times Blogs – Of all the gloomy economic indicators since the Wall Street collapse, perhaps the most startling one seen by New Jersey residents is this: Gov. Jon S. Corzine with his hand out. Mr. Corzine, whose investments […]
Steel Partners says Icahn fights on in Caymans
Reuters – Carl Icahn and other investors who failed to block Steel Partners’ plan to convert a hedge fund into a listed partnership in Delaware court, continue to fight the plan in the Cayman Islands, Steel Partners said on Thursday. […]
SocGen reducing China fund venture stake – sources
Forbes – French bank Societe Generale (SocGen) plans to reduce its holdings in its China fund joint venture due to regulatory concerns after a global reorganisation, two people familiar with the situation said. SocGen already owns a fund venture with […]
Rosemawr Municipal Partners Fund Launch
HedgeCo.net (West Palm Beach) – Rosemawr Management LLC, two months ago launched the Rosemawr Municipal Partner Fund LP,. The fund has seen returns of 0.82% in May and 0.86% in June, since inception on May 1st 2009. With former Managing […]
LNG eyes debt play on cash-strapped companies
The Guardian – Hedge fund LNG Capital is eyeing the debt of companies at risk of running short of cash, seeing the potential for high returns at an early stage of the credit crisis when companies are still able to […]