Category Archives: HedgeCo News
RMF Team creates Four Fund of Funds
HedgeCo.Net (New York) – A new hedge fund run by former RMF-Man Investment analysts is being set up and named after its Swiss latitude, 47 Degrees North Capital Management in Pfaeffikon, Switzerland, the hedge fund also plans on offices in […]
YouTube Sale Boosts Hedge Fund Stock
HedgeCo.Net (New York) – When Google made its biggest deal ever in buying YouTube for $1.65bn, it boosted hedge fund Sequoia Capital’s performance again with about $495 million in Google stock.Sequoia has also invested in Apple Computer, Cisco, eBay and […]
Hedge Funds accused of Securities Violation
HedgeCo.Net (New York) – Hedge fund managers Michael A. Roth and Brian J. Stark have had a complaint lodged aganst them by Multi Fineline Electronix (M-Flex) with the United States District Court. The complaint alleges that the Stark hedge fund […]
Belmont Dynamic Growth Fund
Harcourt is pleased to announce the successful launch of the Belmont Dynamic Growth Fund, Harcourt’s first onshore fund of hedge funds product structured specifically for Canadian investors. Havingexperienced a strong demand in the Canadian market, Harcourt has aligned itself with […]
GLG Fund Manager to set up Geneva Hedge Fund
HedgeCo.Net (New York) – The former manager of GLG Partners, worth $16 billion and Europe’s biggest hedge fund, is starting up a new fund. The hedge fund, based in Geneva,is likely to start trading next year, after the expiration of […]
Activist Hedge Fund reports 5% Ownership of Applebees
HedgeCo.Net (New York) – Breeden Capital Management LLC, the activist hedge fund of former Securities and Exchange Commission Chairman Richard Breeden, reported that it owns 3.9 million shares, or 5.24% of Applebee’s International Inc.’s common stock. In a filing with […]
Ashish Shetty – New Member of MD Sass Distressed Security Investment Team
HedgeCo.net – NEW YORK – Ashish Shetty has joined M.D. Sass Corporate Resurgence private equity funds and M.D. Sass Re/Enterprise hedge funds as a distressed security analyst. Previously, Shetty worked at CIBC World Markets as a Financial Analyst and […]
Hedge Fund worsen Rand Slide
HedgeCo.Net (New York) – The South African rand seems to be the world’s worst performing currency this year. According to an article by Bloomberg, an expanding trade deficit and the 12% gold drop since May have pummeled the rand, which […]
Andrew Cuomo Invested Campaign Money in Supporter’s Hedge Fund
HedgeCo.Net (New York) – Andrew M. Cuomo, Democratic candidate for attorney general, put $750,000 of his campaign treasury into a hedge fund directed by one of his largest financial backers. Two years later, the investment showed a return of nearly […]
Maples Finance launches new office in Hong Kong
HedgeCo.net ( New York ) HONG KONG –Maples Finance Asia Limited, the wholly owned corporate, fund administration and investor services subsidiary of Maples and Calder, the international law firm, has today announced the launch of its new office in Hong […]
Launch of Focus Capital
HedgeCo.net ( New York ) – Launch of Focus Capital – the first specialist Emerging Markets fund of funds asset manager The launch of a new independent specialist emerging markets asset manager is announced today. Focus Capital, headed by John […]
Hedge Funds Launches vs Closures
HedgeCo.Net (New York) – Since January 2005, a total of 2,622 new hedge funds have been launched, according to a report by Hedge Fund Research Inc., released on wednesday. But figures also show that1,071 hedge funds have shut in the […]