HedgeCo.net – New York – Greg Brousseau and Mitchell Tanzman, former heads of the UBS Financial Services Alternative Investment Group, have launched Central Park Group, LLC. Strategic investors inthis new investment advisory firm include Bear Stearns Asset Management (through Bear […]

HedgeCo.Net (New York) – Hedge fund Basswood Capital Management, a New York hedge fund with about $2 billion in assets under managements, is asking for a board seat with WCI Communities Inc., due to the company’s “extreme underperformance”. Basswood has […]

HedgeCo.Net (New York) – Sam Hammam quit his post as Cardiff chairman and has been replaced by Peter Ridsdale as the club prepares for huge new investment strategy. The identity of the new investors is still unknown, but in a […]

HedgeCo.Net (New York) – Hedge Fund Research(HFR) reported this week that hedge funds took $44.5 billion in the third quarter this year, almost as much as the $46.9 billion invested in the whole of2005. HFR said that hedge fund assets […]

HedgeCo.net – NEW YORK, October 23, 2006 Group G Capital Partners, LLC, afixed-income investment advisor specializing in alternative creditstrategies, is pleased to announce that Tim McDowell has joined as anAnalyst. Tim is responsible for research and analysis on investmentopportunities for […]

HedgeCo.Net (New York) – Erste Bank AG, Austria’s Vienna-based lender, has set up a new hedge fund with $30 million of Erste’s own capital on October 1. The Maximum Emerging Alpha Fund will invest40% of its capital in Central and […]

HedgeCo.Net (New York) – A group of hedge funds based in London have been restructuring an agreement with Schefenacker, a German vehicle parts company with whom they have investments. Many of Schefenacker’s creditors are in London and the group of […]

HedgeCo.Net (New York) – U.S. Senate Finance Committee Chairman Charles Grassley said in a letter to federal agency heads that he plans to look into risks posed by hedge funds to pension funds. Grassley, a republican from Iowa, said in […]

HedgeCo.net –NEW YORK, October 17, 2006 – In the wake of the collapse of Amaranth, many investors are searching for answers on how to use and screen alternative investments. These Investors,regardless of their assets under management are looking for ways […]

HedgeCo.Net (New York) – Connecticut’s attorney general, Richard Blumenthal, is taking a special interest in the “regulatory void” surrounding hedge funds. After the spectacular faliure of theAmaranth Advisors $6 billion hedge fund last month, Blumenthal has used his position to […]

HedgeCo.Net (New York) – The Frankfurter Allgemeine Sonntagszeitung reported that several large hedge funds are buying shares in MAN AG and Scania. Not saying who these hedge funds are, the Frankfurter reports they may now have over 15% of Scania […]

HedgeCo.Net (New York) – Kenneth C. Griffin, president and CEO of Citadel Investment Group, one of the world’s largest hedge funds and his wife Anne Dias Griffin, founder of hedge fund Aragon Global Management, donated $19 million to the Art […]