Category Archives: HedgeCo News
Arab Chamber of Commerce Hires Hedge Fund Guru As Vice President
West Palm Beach (HedgeCo.Net)- In order to increase the economic cooperation between Arab Nations and Greater China, the Arab Chamber of Commerce & Industry (ARABCHAM) has appointed hedge fund Guru Dr A S Johan as its Vice President. Dr. A […]
Hedge Fund Combines With Freedom In $3.4 Billion Dollar Deal
West Palm Beach (HedgeCo.Net)- Hedge fund manager GLG Partners announced that it plans to access the public markets through a reverse acquisition transaction with Freedom Acquisition Holdings, Inc. This transaction values GLG at approximately $3.4 billion, in order to finance […]
Yorkville Advisors Opens Israel Office
HedgeCo.net – June 27, 2007 – Yorkville Advisors LLC, the investment manager to Cornell Capital Partners — a private investment firm that specializes in structured finance and direct investments –today announced the launch of an Israeli operation as part of […]
Independent Valuation And Hedge Fund Risk Control
West Palm Beach (HedgeCo.Net)- Recent financial statistics have shown that pension plans are beginning to out-pace high net individuals with respect to hedge fund investing. At the same time, sub-prime funds struggle in the aftermath of blow-ups such as Amaranth […]
$3 Billion Hedge Fund Hires New Manager
West Palm Beach (HedgeCo.Net)- Henderson Global Investors, the independent asset manager with over £61 billion ($121.9 billion) under management, has appointed a new sales manager for their $3 billion hedge fund division. Jill Hodges joined last week and will report […]
Congress Publishes Report on Hedge Funds
West Palm Beach (HedgeCo.Net)- The Congressional Research Service recently published a report to Congress on pension fund investments in hedge funds. The report indicates that pension funds that invest in hedge funds have increased to 24% in 2006, up from […]
Aima Responds to Iosco Valuation Principles
HedgeCo.net – The Alternative Investment Management Association (“AIMAâ€Â), the leading global hedge fund and alternative investment industry association, has issued its response to the International Organization of Securities Commissions (“IOSCOâ€Â) on its ‘Consultation Report on the Principles for the Valuation […]
Deutsche Bank Launches Hedge Fund Consulting Business
New York (HedgeCo.Net)- Deutsche Bank Securities Inc. announced plans to launch a hedge fund consulting business. John Budzyna has joined as a managing director and head of hedge fund consulting within the bank’s Global Prime Finance business. At Deutsche Bank, […]
AltEdge Capital launches new Decorrelated Fund of Hedge Funds
HedgeCo.net – London, June 20, 2007 – AltEdge Capital, the hedge fund of funds manager, has launched a new fund of hedge fund portfolio on June 1st, 2007. The new fund, AltEdge Decorrelated, is designed to offer investors a correlation […]
Democrats Introduce Legislation to End Carried Interest
HedgeCo.net – U.S. Representative Sander Levin (D-MI), was joined by Chairmen Charles Rangel and Barney Frank as well as Ways and Means Committee Members Reps. Pete Stark, Jim McDermott, John Lewis, Richard Neal, Earl Pomeroy, Stephanie Tubbs Jones, John Larson, […]
Hedge Fund Contracts Acquisitions Group For Billion Dollar Project
New York (HedgeCo.Net)- New York hedge fund Fairhills Capital has entered into a contract with Corporate Acquisitions Group to identify, contract, and manage the process of acquiring up to $1 billion in private companies in the food service industry sector. […]
Hedge Fund Citadel Licensed to Operate in Bermuda
New York (HedgeCo.Net)- Hedge fund Citadel Solutions LLC announced today that the Bermuda Monetary Authority has approved their new branch, making Citadel Solutions Bermuda Ltd. the first company licensed by the BMA to provide administration services to hedge funds. Effective […]