Category Archives: HedgeCo News
Hedge Fund Industry Raises Over $1.5 Million to Prevent and Treat Child Abuse
New York (HedgeCo.Net) – Over 600 senior executives from some of New York’s most prominent hedge funds including Ellington Management, Marathon Asset Management, York Capital Management and Two Sigma, have joined up with Help For Children/Hedge Funds Care (HFC), raising over $1.5 […]
Hedge Fund Wizard Donates $1M To The NY Public School He Attended
New York (HedgeCo.Net) – One of Forbes’ magazine’s “30 Under 30” finance wizards has donated $1 million to Hunter College High School, the largest single gift in the high school’s 101-year history. Currently a health care investor and entrepreneur, Martin […]
Hedge Funds See Second Month Of Gains In 2015, Up 1.59%
New York (HedgeCo.Net) – Investor allocation activity saw an uptick in February as hedge funds recorded inflows of $6.8 billion during the month, according to today’s Eurekahedge March Index Flash Update. Distressed debt funds delivered the best performance among all […]
Hedge Fund Investor NextEra Energy Plans To Acquire And Phase Out Florida Power Plant
New York (HedgeCo.Net) – NextEra Energy subsidiary, Florida Power & Light Company, (FPL) has filed a petition with the Florida Public Service Commission (PSC) to request approval to acquire the Cedar Bay Generating Plant, a 250-megawatt coal-fired facility located in […]
GM Agrees To Hedge Fund Activist’s $5 Billion Buy-back Plan
New York (HedgeCo.Net) – General Motors today agreed to a $5 billion share repurchase plan put forward by Harry Wilson, a former member of Obama’s Auto Industry Task Force. As part of the deal, Wilson agreed to give up his […]
SS&C GlobeOp Creates New Group to Service Hybrid Fund Structures
New York (HedgeCo.Net) – As the financial industry continues to witness the convergence of the traditionally separate asset classes of hedge funds and private equity style closed-end funds, hedge fund software provider SS&C Technologies Holdings, Inc., has created a new […]
Hedge Fund Giant SkyBridge Launches SkyBike In Palm Beach
New York (HedgeCo.Net) – $12.5 billion hedge fund manager, SkyBridge Capital, has has targeted Florida as a top region for growth, opening an office in Palm Beach Gardens, Florida. SkyBridge Capital’s founder Anthony Scaramucci joined West Palm Beach Mayor Jeri […]
Investcorp Hedge Funds Group Hires Gregory Berman
New York (HedgeCo.Net) – Investcorp has hired hedge fund specialist Gregory Berman as the firm’s Hedge Funds business as a Principal and Co-Head of Fundamental Strategies. In his role, Berman will be responsible for developing and managing Investcorp’s Equity, […]
Canada Pension Plan Invests In New Deimos Hedge Fund
New York (HedgeCo.Net) – Multi-strategy hedge fund manager, Deimos Asset Management LLC, is launching operations of its new hedge fund management business. Ontario Teachers’ Pension Plan is an anchor investor in Deimos’ multi-strategy product through a managed account platform, the […]
Activist Hedge Funds Are Driving Company Performance
New York (HedgeCo.Net) – Activist hedge funds globally are driving improvements in the share price, operating performance and governance of the companies in which they invest, according to a new paper by AIMA, the global hedge fund industry specialist. The […]
Hedge Fund Study Expects Asset Allocation To Rise By 7% In 2015
New York (HedgeCo.Net) – Hedge funds are expected to grow by 7%, up to approximately $3 trillion in assets by the end of 2015, according to the 13th annual Alternative Investment Survey by Deutsche Bank. Institutional investment in hedge funds is set […]
Activist Hedge Fund Wants New Chairman For Ciber Board Of Directors
New York (HedgeCo.Net) – Lone Star Value Management, a $2.7 million shareholder of Ciber Inc., has delivered a formal notice to IT consulting firm Ciber of its intention to nominate three director candidates for election to the board at the […]
