Category Archives: Activist Funds
SYZ & CO Acquires State Street’s Swiss Institutional Funds
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. […]
Goldman Sachs Invests In $4 Billion Hedge Fund
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
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 […]
Magnetar Said to Limit Fund Withdrawals After Losses
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 […]
Buffetted `Quants` Are Still In Demand
Javno – Last week, New York University and Carnegie Mellon sent a new class of math whizzes out into a profession that is both blamed for the financial collapse and charged with preventing it happening again. Many of these so-called […]
Asian hedge funds step in as global players flee
Reuters – The investment banks and global hedge funds that are the usual buyers of debt and equity in struggling Asian companies have largely fled the market, leaving the distressed asset space to home-grown investors. Local players with the cash — […]
