Category Archives: Developing Stories
Hedge Fund Mergers and Acquisitions: Miles Howland/AW Jones
New York (HedgeCo.net) – New York based alternative investment management firm, Miles Howland & Co. LLC., (MHC) has finalized an agreement forming a joint venture with an established fund of funds manager, A. W. Jones Co. based in New York. […]
Activist Hedge Fund Challenges Board At Fisher Communications
New York (HedgeCo.net) – FrontFour Master Fund, Ltd., an affiliate of hedge fund investor FrontFour Capital Group LLC., has written a letter to the stockholders of Fisher Communications, Inc., criticizing the current board of directors and nominating new candidates. Fisher’s […]
Hedge Fund Backed Mega-Quarry Riles Up Local Farmers
New York (HedgeCo.net) – The Highland Companies, backed by Boston-based hedge fund Baupost Group, is seeing local opposition to its new Canadian mega-quarry plans. The group of protesters yesterday passed the half-way mark of their 5 day, 119 kilometer march. The group of residents, farmers […]
Hedge Fund Books: Vonnegut’s The Gods Of Greenwich
New York (HedgeCo.net) – Former stockbroker, Norb Vonnegut (a cousin of the late Kurt Vonnegut) follows up his debut novel, Top Producer (2009), with a new tale of frighteningly plausible-sounding hi-jinx in the world of high finance. He delivers a […]
Hedge Fund Launch: Quam Silk Road Mongolia Fund
New York (HedgeCo.net) – Investment management firm Silk Road Management (SRM) has announced the launch of the Quam Silk Road Mongolia Fund, a new hedge fund investing in globally listed companies primarily exposed to the Mongolian economy. “Mongolia has a significant […]
Prosecution Rests In Rajaratnam Hedge Fund Case
New York (HedgeCo.net) – The government has rested its case against hedge fund founder Raj Rajaratnam in Manhattan court yesterday, according to Bloomberg news. The defense asked the Judge asked to throw out the case. “At this time we move […]
Hedge Fund Launch: MENA Telecom Infrastructure Investments
New York (HedgeCo.net) – A new hedge fund initiative has been established focusing on telecom infrastructure investments in the Middle East and Northern Africa (‘MENA’). The MENA Infrastructure Fund (‘MIF’) is an initiative of Sahara Development Fund (‘SDF’), a Dutch […]
People Moves: Hedge Fund Association Expands into Latin America
New York (HedgeCo.net) – The Hedge Fund Association (HFA), announced its expansion into Latin America along with the appointment of five Directors for the new Latin American Chapters. “The hedge fund industry has become increasingly global in scope. As such, […]
Hedge Fund Giant Man Group Takes on CITI as Global Shareholder Services Partner
New York (HedgeCo.net) – Hedge fund giant Man Group plc has finalised the terms of an agreement with Citi Global Transaction Services’ Securities and Fund Services division to become Man’s global shareholder services partner. Under the terms of the agreement Citi […]
Roundup: Rajaratnam’s Hedge Fund Trial Updates
New York (HedgeCo.net) – As the Sri Lankan born-American hedge fund manager charged with 14 counts of conspiracy and securities fraud awaits trial, speculation is mounting about who will be testifying against him. MarketWatch – U.S. federal prosecutors plan to […]
Nanotechnology Hedge Fund Investor Completes Saudi Filtration System
New York (HedgeCo.net) – Nanotechnology company ItN Nanovation AG, a portfolio company of nanotechnology hedge fund investor, Nanostart AG, has successfully completed another major project in Saudi Arabia using its CFM Systems® nanoceramic-based filtration system for water purification. “In addition […]
Hedge Fund Mergers & Acquisitions: Warren Buffett Buys Chemical Company
New York (HedgeCo.net) – Hedge fund and investor giant Warren Buffett announced the $9.7 billion purchase of Lubrizol, an Ohio chemical and lubricants company Lubrizol, UK news source The Guardian reported. “Lubrizol is exactly the sort of company with which we […]