HedgeCo.Net (New York) – Hedge fund Okumus, worth $800 million, is claiming some of the buyers may have been tipped off about the Hewlett-Packard Co.’s imminent $4.5 billion buy out of Mercury, an IT management service company. Hewlett-Packard said that […]

HedgeCo.Net (New York) – On August 10, 2006, the staff of the Division of Investment Management of the Securities and Exchange Commission issued a “no-action” letter to the American Bar Association’s Subcommittee on Private Investment Entities to provide guidance to […]

Larkspur, CA, August 14, 2006 – LRG Capital Group LLC, a global merchant bank that invests in and provides advisory services to small and mid-cap public companies, today announced that Paul Enderlehas joined the firm as Managing Director. Mr. Enderle, […]

Chicago, Illinois—August 14, 2006—Ritchie Technology & Life Science Finance, a division of Ritchie Capital Finance, announced that it has recently closed $8 million in debt financing toAccessLine Communications Corporation, a Seattle, Washington-based firm that provides an array of hosted VoIP […]

SAN FRANCISCO, CALIFORNIA (August 14, 2006) – Paul Capital Top Tier Investments, LLC (“PCTTI”) today announced the appointment of Lisa Edgar as a Managing Director of the firm.  Ms. Edgar’s appointment reflects the high degree that her professionalism, dedication and […]

HedgeCo.Net (New York) – UBS’s deal to buy ABN Amro Holdings for $386 million, may be threatened by ABN’s $100 millioninvestment in hedge fund MotherRock, which collapsed last week. MotherRock’s losses are putting ABN’s risk management and investment skills into […]

HedgeCo.Net (New York) – In India the investment market has shot up 141% over the last two years. Hedge funds provide an opportunity for India to attract large amounts of foreign capital. Hedge funds have led the investment flows into […]

NEW YORK, August 10, 2006 – MD Sass, a leading investment management firm, and the Macquarie Group, a global financial services organization, today announced theestablishment of a new joint venture. The partnership will manage a $273 million alternative strategies private […]

HedgeCo.Net (New York) – The 2006 hedge fund asset flow report by Tremont Capital Management Inc. shows that hedge fund assets increased 4.19% in the second quarter. Suggesting that the hedge fund industry is continuing to attract assets at a […]

HedgeCo.Net (New York) – New Frontier Media, producer and distributor of adult themed entertainment has been put into the hedge fund spotlight. One of the company’s biggest shareholders is Steel Partners, a hedge fund run by Warren Lichtenstein, a manager […]

HedgeCo.Net (New York) – David Einhorn, founder and CEO of hedge fund Greenlight Capital, raised $659,730 for the Michael J. Fox Foundation for Parkinson’s Research byfinishing 18th in the World Series of Poker’s main event. After jumping to third place […]

HedgeCo.Net (New York) – New York-based hedge fund MotherRock is shutting down after having lost $230 million in June and July because of volatility in natural-gas markets and investor redemptions. At its peak in May MotherRock managed about $430 million […]