Category Archives: Activist Funds

Activist Hedge Funds: Helvetia Acquires Dunedin Independent

September 13, 2010 : Permalink

New York (HedgeCo.net) – Zurich-based activist hedge fund manager Helvetia Wealth has expanded its influence in Scotland with the acquisition of Dunedin Independent, Scotland’s largest independently-owned financial advisor (IFA). With GBP350 million ($539 million) in AUM, Dundein is ranked in […]

BNY Mellon Purchases I(3) Hedge Fund Advisors of Toronto

September 2, 2010 : Permalink

New York (HedgeCo.net) – BNY Mellon, a leading global financial services company, has completed its purchase of I(3) Advisors of Toronto, an independent wealth strategy company with more than C$3.8 billion in assets under advisement. This transaction represents BNY Mellon’s […]

SkyBridge Completes Acquisition of Citi’s FoHFs, Hedge Fund Seeding and Advisory Businesses

July 1, 2010 : Permalink

New York (HedgeCo.net) – $7.4 billion global alternative investment firm, SkyBridge Capital (SkyBridge) has completed its acquisition of the fund of hedge funds, hedge fund seeding and hedge fund advisory businesses from Citi Alternative Investments LLC (CAI). The hedge fund […]

Man Acquisition of GLG, Launches $63 Billion Hedge Fund

May 17, 2010 : Permalink

New York (HedgeCo.net) – Hedge fund giant Man Group has created a hedge fund managing $63 billion after acquiring rival $23.7 billion hedge fund GLG Partners in a $1.6 billion in deal. Man Group held a presentation today at 9.30am […]

CRP Report: Top 10 Hedge Fund Democrat Doners

April 21, 2010 : Permalink

New York (HedgeCo.net) –  According to the Center for Responsive Politics (CRP) for ABC News, hedge fund donors gave almost all their donations to Democrats. During this past election cycle, a little more than 12 months, hedge fund managers contributed […]

SYZ & CO Acquires State Street’s Swiss Institutional Funds

April 20, 2010 : Permalink

New York (HedgeCo.net) – The Swiss banking group SYZ & CO today announced that it has signed an agreement with State Street Global Advisors (SSgA) for the transfer to SYZ & CO of SSgA’s Zurich-based institutional Swiss fixed income activities. […]

SkyBridge Acquires Three of Citi’s Hedge Fund Businesses

April 16, 2010 : Permalink

New York (HedgeCo.net) – Hedge fund incubator SkyBridge Capital has agreed to buy the fund of hedge funds, hedge fund seeding and hedge fund advisory businesses from Citi Alternative Investments, LLC (CAI), with total investments under management and advisory of […]

Goldman Sachs Invests In $4 Billion Hedge Fund

April 6, 2010 : Permalink

New York (HedgeCo.net) – Goldman Sachs’s $1 billion Petershill Fund Offshore LP, has bought a minority stake in a $4 billion hedge fund, according to a Bloomberg report. The hedge fund, Level Global Investors LP., founded by David Ganek, bets […]

Fund.com Expands Hedge Fund & ETF Operations With The Acquisition Of Weston Capital Management

March 31, 2010 : Permalink

New York (HedgeCo.net) – New York hedge fund manager, Fund.com, Inc., has acquired a $1 billion hedge fund distributor based in West Palm Beach Fl., Weston Capital Management, LLC. “With Weston Capital’s proven capability to seed new fund products, combined […]

Morgan Stanley Loses 6 Senior Traders To Hedge Funds

March 25, 2010 : Permalink

New York (HedgeCo.net) – Marcin Wiszniewski, a 14 year veteran of Morgan Stanley has quit his job to join the $18.3 billion hedge fund, BlueCrest Capital Management, the Wall Street Journal reports. Wiszniewski joins the London hedge fund May 10, […]

Hedge Fund Billionaire John Paulson puts his money on Citigroup

November 16, 2009 : Permalink

New York (HedgeCo.net) – According to a regulatory filing, Hedge Fund manager John Paulson’s of the $12.5 billion Paulson & Co. bought 300 million shares of Citigroup worth $1.45 billion. This move puts Paulson & Co. alongside other hedge funds […]

Magnetar Said to Limit Fund Withdrawals After Losses

December 23, 2008 : Permalink

Bloomberg – Magnetar Capital LLC, the $8 billion hedge-fund firm co-run by former Citadel Investment Group LLC trader Alec Litowitz, limited withdrawals from its biggest fund after it lost 30 percent this year through November, according to two people familiar […]