Category Archives: HedgeCo News
Custom House Opens Office in Singapore
HedgeCo.net – DUBLIN/SINGAPORE, December 21, 2006 – Custom House Administration & Corporate Services Limited (Custom House), one of the largest independent global hedge fund administrators, todayannounced that it will be offering its full hedge fund administration service through a new […]
Hedge Fund Recruiter Long Ridge Sees Rising Competition & Compensation for Hedge Fund Talent
HedgeCo.net — NEW YORK, December 18, 2006 — Long Ridge Partners, executive recruiters specializing in the hedge fund industry, said today the vast majority of hedge funds are bracing forincreased competition in securing and sustaining professional talent in 2007. Michael […]
Asia’s $100 Million Bonuses
HedgeCo.Net (New York) – Some traders in Tokyo and London are rumoured to be in the $100 million bonus club. The “giant” bonuses at Morgan Stanley and the $40 million John Mack took home has started rumors inside Wall Street […]
Goldman Sachs names New Hedge Fund Manager
HedgeCo.Net (New York) – Goldman Sachs has named the new head of their alternative investments asset-management units as Marc Spilker, he will be overseeing hedge funds and private equity. Goldman named Spilker, 42, to replace George Walker, who left in […]
Germany to Determine if Hedge Funds Pose a “Systemic Risk”
HedgeCo.Net (New York) – Germany’s Deputy Finance Minister Thomas Mirow held a briefing with reporters on Germany’s upcoming presidency of the Group of Eight in 2007, the G8 are the top 8 majorindustrialized countries, and Mirow plans to examine next […]
Ritchie sells Hedge Fund to Refund Investors
HedgeCo.Net (New York) – Ritchie Capital Management Ltd. has “decided to terminate the restructuring and effect an orderly disposition of the assets,” of its flagship hedge fund, the Multistrategy Global Fund. After consulting with investors, an email was sent to […]
EBRD and EIB to Launch First Carbon Credit Fund Dedicated to Eastern Europe
Brown Rudnick, a premier international law firm, congratulates its client, the European Bank for Reconstruction and Development (EBRD), and the European Investment Bank (EIB), on the successful launch of their Multilateral Carbon Credit Fund (MCCF). The firm is proud to […]
State Street Global Alliance Announces Intent To Expand Strategic Partnership
HedgeCo.net —Boston, and Amsterdam, December 12, 2006  State Street Global Alliance, LLC, (Global Alliance) the strategic venturing partnership jointly owned by State Street Global Advisors (SSgA) and Stichting Pensioenfonds ABP (ABP), today announced a commitment of US$100 million in […]
Credit Suisse/Tremont Investable Hedge Fund Index Is Up 1.30% In November
New York, December 15, 2006 The Credit Suisse/Tremont Hedge Fund Index is up 2.07% in November, according to Oliver Schupp, President of the Credit Suisse Tremont, LLC. “A stronger than expected third quarter boosted stocks into the fourth quarter after […]
Greenwich Changes Name to Match New Hedge Fund Strategy
HedgeCo.Net (New York) – Greenwich-Van LLC announced that the company will now be known as Greenwich Alternative Investments. The new name reflects the broadening scope of hedge fund investing andcontinued increase in institutional demand for alternative investments. The names of […]
Hedge Funds Care Cayman Raises $250.000 for Charity
HedgeCo.Net (New York) – Hedge Funds Care Cayman held its second annual black tie dinner, Open Your Heart to the Children Benefit, at the Ritz–Carlton last month, raising more than US$250,000. LastNovember, the inaugural benefit dinner raised a net total […]
PerTrac Adds Managers to Sales Team – Staff Nearly Doubles in 2006
HedgeCo.net — New York – December 13, 2006 – PerTrac Financial Solutions, LLC, creators of the PerTrac Suite of Investment Solutions, a unifiedfront-and-middle office platform for investment analytics and workflow management, announced today that Dan Jacobs and Tim Knox have […]