Category Archives: HedgeCo News
Hedge Fund Investors Warned of Energy Risks
HedgeCo.Net (New York) – The Energy Hedge Fund Center recently observed an increasing investor risk, due to the collapse of at least one energy commodity trading hedge fund, and also large reported losses at other funds and banks trading in […]
Dubai Hedge Fund Targets 25% Return
HedgeCo.Net (New York) – The Argent Group manages about $2 billion in assets globally and is aiming for 15-25% returns from investments. The launch of its Dubai fund represents the opening of the regulated hedge fund business in Dubai’s financial […]
Cumulus Energy Fund To Launch On October 1st
(LONDON, 24 August 2006) — The London-based investment management team at Cumulus Weather Fund, on the PCE Investors Limited platform, is launching the Cumulus Energy Fund on October 1st. The Cumulus Energy Fund will replicate the successful energy trading strategy […]
FalcInvest Seeks Distributors For First Dutch ‘ABL’ Fund
The FalcInvest Group, an independent alternative investment organisation based in the Netherlands, has commenced marketing the first Dutch fund-of-funds that focuses solely on Asset Backed Lending strategies. FalcInvest Specialist Finance Fund incorporates several ABL strategies that have proven to […]
Hedge Fund takes Steel Company Public
HedgeCo.Net (New York) – Claymont Steel Holdings Inc. has filed a request with the S.E.C. to take the plant public. Claymont Steel was incorporated in May 2005 as H.I.G. SteelCo Holdings, Inc. and in June 2006 the company was renamed […]
Former Hedge Fund Manager creates financial Cartoon Website
HedgeCo.Net (New York) – “Imagine Jon Stewart, Bill Maher and Shrek, rolled into a cohesive and scalable platform, providing valuable market insight with snarky humour and cunning wit.†This is how Todd Harrison, former president of Cramer Berkowitz, a $400 […]
Horizon Enjoys Solid Growth In 15th Anniversary Year
CHICAGO, August 22, 2006 – Horizon Cash Management LLC, a leading cash manager for alternative investment funds, today announced that with the addition of new clients, there has been an increase in assets of $600 million so far in 2006, […]
Pirate Capital to Soft-Close at $2 BN
HedgeCo.Net (New York) – Pirate Capital LLC, the activist hedge fund manager, is planning to soft-close its funds once the firm’s assets under management reach $2bn, thefirm had an AUM of $1.7bn, as of July 31, 2006, and it is […]
Hedge fund Manager Challenges Volvo
HedgeCo.Net (New York) – Swedish activist hedge fund, Castlerigg, has been causing a stir while trying to drum up interest among Swedish investors for a bid for truck maker Volvo. Thomas Sandell, US based Swedish financier and founder of Sandell […]
Steve Gidumal – New Managing Director & CO-CIO Of MDSASS Resurgence & Re/Enterprise Funds
NEW YORK — Steve Gidumal, 48. has joined Resurgence Asset Management’s distressed security investment team as Managing Director and Co-Chief Investment Officer of the M.D. Sass Corporate Resurgenceprivate equity funds and M.D. Sass Re/Enterprise hedge funds. Gidumal will share portfolio […]
Credit Suisse/Tremont Hedge Fund Index Is Up 0.29% in July
NEW YORK, NY, August 15, 2006 — The Credit Suisse/Tremont Hedge Fund Index is up 0.29% in July, according to Oliver Schupp, President of the Credit Suisse/TremontHedge Fund Index. “The intensifying Middle East conflict, demand in China and concerns about […]
Hedge Funds wait out Enodis Failure
HedgeCo.Net (New York) – Hedge funds with hopes for a takeover of U.K. food equipment maker Enodis fell as the company rejected another buyout request, but some hegde funds have used the slumpin the share price to lift their holdings […]