Category Archives: Developing Stories
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 […]
Rockmore ends a decade posting +9.02% annualized returns
New York (Opalesque ) – Is it possible to be both obscure and famous at the same time? Certainly anyone who manages a PIPE fund might say so. Private investments into public equity (PIPE) funds regularly face an uphill battle educating investors. […]
Pent Up Demand Sends Iraqi Stocks Soaring
New York – Even as political protests sweep across the Middle East, investors continue to show strong interest in the Iraq Stock Exchange (ISX). The value of the ISX’s 88 listed companies has risen 24.27% in 2011, in contrast to […]
Japan Bank Acquires 95% Of Hedge Fund Research Firm Eurekahedge
New York (HedgeCo.net) – Mizuho Corporate Bank, Ltd. (MHCB) entered into a stock purchase agreement with the shareholders of Eurekahedge Pte. Ltd., acquiring 95% of Eurekahedge’s issued and outstanding ordinary shares, on a fully-diluted basis. “The Eurekahedge Hedge Fund Index’s […]