Category Archives: HedgeCo News
InFocus Hires Hedge Fund Manager
HedgeCo.net – InFocus Corporation announced that they have added hedge fund manager John D. Abouchar and Bernard T. Marren to serve as members of the Company’s Board of Directors. Abouchar and Marrenwere designated to serve on the Board of Directors […]
Hedge Funds See Record Inflows of $60 billion in 1Q
HedgeCo.net – CHICAGO, (April 19, 2007) – The hedge fund industry saw record inflows of more than $60 billion during the first quarter of 2007, bringing total assets under management to $1.568 trillion, according to data released today by Hedge […]
Environmental Hedge Funds Growing Rapidly
HedgeCo.net – The Energy Hedge Fund Center LLC announced today that they are now tracking more than 560 energy and energy-related hedge funds in their new Directory of Energy Hedge Funds. The vast majority of these energy focused hedge funds […]
KBC Acquires Majority Stake in Absolut Bank in Russian Market
HedgeCo.net – Yesterday evening a deal between Belgian bank KBC Group NV and Russian bank Absolut was made in which the Belgian bank and hedge fund investor acquired 92.5% of shares in the Russian bank. It was announced in a […]
ABN In Talks With Hedge Fund Shareholders
HedgeCo.net – Last week Dutch bank and activist hedge fund manager ABN AMRO received a letter from Royal Bank of Scotland, Banco Santander and Fortis in which they invited ABN AMRO to start exploratory talks regarding their intentions, the […]
Credit Suisse/Tremont Hedge Fund Index Up For March
HedgeCo.net – The Credit Suisse/Tremont Hedge Fund Index is up 1.24% in March and up 3.34% for the first quarter of 2007 according to Oliver Schupp, President of the Credit Suisse Index Co., Inc. “Despite getting off to a rocky […]
Stonebrook Capital Names Darryl Thompson President
HedgeCo.net—NEW YORK, APRIL 17, 2007 – Stonebrook Capital Management LLC (“Stonebrook”), a leading alternative investment firm specializing in Alternative Beta solutions, today announced that Darryl B. Thompson has joined the firm as President. In this new position, Mr. Thompson, […]
New AIMA Hong Kong / China Appointment
HedgeCo.net – London 17th April 2007. The Alternative Investment Management Association (AIMA), the leading global hedge fund and alternative investment industry association, announces the appointment of James Shipton as Deputy Chairman of AIMA Hong Kong/China. James will work within AIMA […]
London Doubles its Share of Global Hedge Fund Assets in Last Four Years
HedgeCo.net – London’s share of global hedge fund assets increased from 10% to 21% between 2002 and 2006, making London one of the fastest growing hedge fund centres according to the 2007 edition of IFSL’s Hedge Funds report. Assets managed […]
Sallie Mae Agrees to $25 Billion Buy Out
HedgeCo.net – A group consisting of hedge funds JC Flowers & Co. and Friedman Fleischer & Lowe, agreed late last night to buy SLM Corp also known as or Sallie Mae, the US’s largest provider of student loans, in a […]
Hathersage Strengthens Portfolio Management Team
HedgeCo.net –New York, NY – April 16, 2007 — Hathersage Capital Management, a leading discretionary absolute return currency manager, today announced that it has hired Bill Strack as a Director of Portfolio Management. Mr. Strack, 45, is responsible for […]
Custom House Assets Under Administration Hit$25 Billion
HedgeCo.net –DUBLIN, APRIL 16, 2007 – Custom House Administration & Corporate Services Limited (“Custom House”), one of the world’s largest independent administrators, today announced that it has topped $25 billion in combined client assets under administration for the first time. […]