Category Archives: Developing Stories
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 […]
Hedge Fund Films: King Of Horror To Direct Robert Pattinson In Cosmopolis
New York (HedgeCo.net) – Canadian “Baron of blood” David Cronenberg has take on Don DeLillo’s #1 bestseller “Cosmopolis” and has signed Robert Pattinson to star in the hedge fund thriller. Like James Joyce’s Ulysses, “Cosmopolis” covers roughly one day of time […]
Hedge Funds In the Spotlight: Russia
New York (HedgeCo.net) -Peter Elam Håkansson, Head of Portfolio Management Team and Marcus Svedberg, Chief Economist of East Capital are positive in their outlook for Russia this year, citing reforms, privatisation and a sharp change in international investor perceptions as […]
Hedge Fund Acquisitions: BV Investment Partners Acquires Butterfield Fulcrum
New York (HedgeCo.net) – Private equity firm BV Investment Partners (formerly Boston Ventures), has agreed to acquire hedge fund administrator Butterfield Fulcrum and family office specialist FORS Limited in partnership with industry veterans Glenn Henderson and Tim Calveley. “This investment […]
Hedge Fund People: MFF Appoints Raul Valdes-Fauli, Louis Jolivert & Hank Klein
New York (HedgeCo.net) – Private equity, hedge fund and venture capital association, the Miami Finance Forum, Inc., (MFF) announced the appointment to their Board of Directors of Raul Valdes-Fauli, South Florida President of CNL Bank, Louis Jolivert, Vice President at BNY […]
Hedge Fund Managers Agree To Testify Against Rajaratnam In Exchange For Leniency
New York (HedgeCo.net) – Two ex-Galleon hedge fund managers pleaded guilty yesterday to insider trading. Adam Smith agreed to testify against Galleon hedge fund founder Raj Rajaratnam in exchange for protection from prosecution for other crimes. Michael Cardillo also pleaded […]
MSAIA Signs Hedge Fund Accounting Firm Decosimo
New York (HedgeCo.net) – Accounting and financial advisory firm, Decosimo Certified Public Accountants (Decosimo), has signed on as the first strategic partner for the MidSouth Alternative Investment Association (MSAIA), a knowledge-based, networking organization connecting alternative investment professionals in the MidSouth through […]
Hedge Fund Alert: The New Tax Act
Holland & Knight Alert on the New Tax Act Hedge fund law specialists, Holland & Knight said that the estate, gift and generation skipping transfer tax provisions of the new tax act are of major interest. These changes will require […]
Pay Survey Among Hedge Funds Predicts Consolidation
New York (HedgeCo.net) – Based on a 2010 survey and research series in the U.S. and Europe of human capital and pay practices in over 150 firms, three consultant firms MM&K (Europe Private Equity and Hedge Funds), Holt (U.S. Private […]
People Moves: Hedge Fund Highbridge Hires BlackRock’s Mark D’ Andrea
New York (HedgeCo.net) – Hedge fund Highbridge Capital Management announced that Mark D’Andrea will join the firm as Head of Global Institutional Business Development effective January 3, 2011. D’Andrea will be based in New York, responsible for leading the firm’s institutional […]