Category Archives: HedgeCo News
Activist Hedge Fund Wants Dutch Bank To Sell Assets
HedgeCo.Net (New York) – The Children’s Investment Fund Management, a $3.8 billion hedge fund launched in 2003, announced in a letter to Dutchbank ABN AMRO that they believe the bank is undervalued and should sell some of its assets, merge […]
Fund of Hedge Funds Launches Trust
HedgeCo.Net (New York) – Fund of hedge funds manager, Gottex Fund Management, announced that they intend to launch a publicly listedclosed-ended investment company, Gottex Market Neutral Trust, which will be listed on London’s main market. All proceeds from a placing and […]
Senator Obama Backs Hedge Fund Legislaton
HedgeCo.Net (New York) – Senator Barack Obama has backed legislation that would require hedge funds to require their offshore clients toestablish anti-money laundering programs in the same way as other US financial institutions, under regulations to be issued by the […]
Investor Analytics Offers Next Generation Risk Analysis to Hedge Funds
Hedgeco.net-New York, February 20, 2007– Investor Analytics LLC, a leading risk analysis and risk management specialist to the hedge fund industry, today announced significant additions to its suite of risk services that reflect the company’s strong connections to innovative research. […]
Major Hedge Fund Shareholder Proposes Restructuring of Trust
HedgeCo.Net (New York) – Hedge fund Carrousel Capital has submitted proposals for a restructuring or merger of the Gartmore European investment trust, of which Carrousel owns 28.03% and is its largest shareholder. Bruno Sangle-Ferriere, founder of British-based Carrousel, said he […]
Hedge Fund Investcorp to Sell Off Investment Company
HedgeCo.Net (New York) – It was announced today in a press release by Eurazeo that global hedge fund manager Investcorp has finalized a deal to sell APCOA, the leading pan-European manager of parking services, for an enterprise value of €885 […]
Hedge Fund Survey Shows Established Names Have More Chance of Success
HedgeCo.Net (New York) – The Absolute Return New Funds Survey for 2006, published in the February issue of Absolute Return magazine, shows that new hedge fund launches in the U.S. slowed for the second year in a row. Last year, […]
Hedge Funds Up 1.3% in January
The Credit Suisse/Tremont Hedge Fund Index value is 390.53 returning 290.53% for the 157-month period since inception (January 1, 1994 through January 31, 2007). For additional current and historical data including more comparisons with other widely followed global indices, visit […]
G7 Meeting Calls for Closer Monitoring of Hedge Funds
HedgeCo.Net (New York) – The two-day G7 meeting in Essen concluded with a call for the monitoring of hedge funds worldwide and urged talks with the industry. They said energy efficiency and diversification, particularly renewable forms, remains an economic priority. […]
Investcorp Launches Early Stage Fund for Hedge Fund Investors
HedgeCo.Net (New York) – Investcorp, the global asset manager specializing in alternative investments with a $5 billion hedge fund program, has announced the launch of the Investcorp Early Stage Fund. Early stage funds are typically set up by experienced money […]
Hedge Fund Head Ordered to Pay Back $20 Million
HedgeCo.Net (New York) – The SEC released the details of the fines U.S. District Court Judge Charles Pannell ordered against hedge fund manager Kirk Wright yesterday.Pannell ordered nearly $20 million in fines and penalties for defrauding investors through his hedge […]
F&C To Launch Global Hedge Fund
HedgeCo.Net (New York) – F&C Asset Management announced on Monday that they are launching a global diversified fixed income hedge fund, called the F&C Tourmaline fund. The hedge fund is to be run by a team of three, Sanjay Joshi, […]