Author Archives: the HedgeCo News Team
Hedge funds face serious trimming
Crain – For years, Dan Loeb was the hedge fund world’s hanging judge, firing off blistering letters to hapless chief executives that condemned them for their shortcomings. “Do what you do best,” he hissed in a 2005 letter to a […]
Hedge funds take aim at Florida real estate
Tampa Bay Online – Some consider them good capitalists. Others see them as opportunists. Still others call them vultures. Whatever the name, hedge fund investors likely will be major players in Florida real estate in the next few years, buying […]
Boaz Weinstein Said to Raise $160 Million for Saba Hedge Fund
Bloomberg – Boaz Weinstein, the bond trader who lost more than $1 billion last year at Deutsche Bank AG, has raised about $160 million since the end of April for his new hedge fund, according to two people familiar with […]
Funds in turf war
Stuff – Mauled by the carnage on Wall Street, mutual funds are copying hedge fund strategies in an effort to regain some of the shine they have lost this decade. Many investors have been burned investing in a single asset […]
Future of Hedge Funds Highlighted at SS&C Symposium
West Palm Beach (HedgeCo.net) – More than 85 hedge fund professionals last week attended the 6th Annual Hedge Fund Symposium hosted by financial software provider SS&C Technologies in London. The panel was moderated by Richard Greensted, Editor of Script Issue, […]
Conyers Dill & Pearman Hosts Launch Function in Brazil
West Palm Beach (HedgeCo.net) – Over 100 of São Paulo’s senior legal and business executives attended a launch function held by offshore financial law firm Conyers Dill & Pearman, in celebration of the formation of their new Brazil partnership. The […]
Hedge fund manager Singer wants limits on leverage
Reuters – Aggressive government action can hurt the market, but regulators should clamp down on excessive borrowing by banks and investors to prevent another credit crisis, veteran hedge fund manager Paul Singer said at a conference. Singer said the current […]
Hedge fund manager Singer wants limits on leverage
Forbes – Aggressive government action can hurt the market, but regulators should clamp down on excessive borrowing by banks and investors to prevent another credit crisis, veteran hedge fund manager Paul Singer said at a conference. Singer said the current […]
Gendell’s Tontine Partners Raises Money For New Hedge Fund
Nasdaq.com – Jeffrey Gendell of Tontine Partners LP, who is closing two of his hedge funds after steep losses, has raised money for his new Tontine Total Return Fund, according to regulatory filings. The Tontine Total Return fund, which Gendell […]
It’s Thankless, but He Decides Madoff Claims
New York Times – The Ponzi scheme’s victims denounce him as cold-hearted, dishonest and just plain wrong No, they are not describing Bernard L. Madoff, the author of the fraud that has ruined their lives. They are criticizing Irving H. […]
Pimco’s Gross Says Harvard, Yale May Need to Alter Investments
Bloomberg – Yale University and Harvard University may have to cut investments in hedge funds and private equity because the risks of holding the hard-to-sell assets outweigh the returns, said Bill Gross, co-chief investment officer of Pacific Investment Management Co. […]