Category Archives: HedgeCo News
Hedge Fund Blocks Telent Offer
HedgeCo.Net (New York) – The US activist hedge fund Polygon threatened to block a takeover of Telent, the rump of former industrial giant Marconi. The battle between Polygon and Fortress highlights the issues with using CFDs in bid situations. CFDs […]
How to Count to 25% – Congress Amends ERISA
HedgeCo.Net (New York) – The Pension Protection Act of 2006 (H.R. 4), which was passed by the House of Representatives on July 28 and the Senate on August 3 and has been sent to the President for his signature, will […]
KGR Capital’s European Office gains authorisation from the F.S.A. in London
HedgeCo.net ( New York ) – – KGR Capital is pleased to announce the authorisation, in early July, of KGR Capital (Europe) Ltd by the U.K. Financial Services Authority. KGR Capital launched its first specialist Asian fund of funds, the […]
New FoHF launch -LODH Multiadvisers – Latin America Equity Long/Short
The LODH Multiadvisers has launched a new fund, the Latin America Equity Long/Short Fund which invests – through a selection of talented local managers – in hedge funds who follow a Long/Short strategy in the Latin American equity markets. The […]
Wisdom Capital Management Launches New CTA
HedgeCo.net ( New York ) –Wisdom Capital Management has announced that they have recently launched a commodity trend following CTA that will look to capture trends on both the “long†and “shortâ€Âside of the market. The Global Diversified Program is […]
Activist Hedge Fund Urges Sale
WEST PALM BEACH, FL (HEDGECO.NET) – Hedge Fund and shareholder Sandell Asset Management, with Houston Exploration Corp., urged the energy company to auction itself off, saying in a letter that it was“encouraged†by its previous decision to engage Lehman Brothers […]
Massey Settles Hedge Fund Dispute
WEST PALM BEACH, FL (HEDGECO.NET) – Massey Energy, of Charleston, W.Va., one of the US’s largest coal miners, said it had reached an agreement with New York-based hedge fund Third Point, holder of approximately 5.9% of Massey Energy stock. Massey […]
A growing necessity for hedge fund valuation
WEST PALM BEACH, FL (HEDGECO.NET) – Valuation is fast becoming a critical issue, one few hedge fund managers can afford to ignore. in a recent speech, SEC commissioner Roel Campos said, “to avoid dilution and unfairness, valuation numbers must be […]
AIMA Highlights the new Regulatory Capital Changes
London 1st August, AIMA, the global trade organisation for hedge funds today highlighted the implementation of the Capital Requirements Directive (CRD), introduced by the European Union. The new Directive, based in part on the existing regulatory capital directive, applies to […]
Man Group plc offers Class I units
August 1, 2006 – London – Man Group plc, a leading global provider of alternative investment products and solutions as well as one of the world’s largest futures brokers, today announces thatMan-Glenwood Lexington TEI, LLC, its Securities and Exchange Commission […]
Fidelity and Sunguard Launch Integrated Service
BOSTON and WAYNE, Pa, August 1, 2006 – Fidelity Investments and SunGard (www.sungard.com) today announced an exclusive agreement to integrate the brokerage services of Fidelity’s Registered Investment Advisor Group with the transaction processing capabilities of the SunGard Transaction Network (STN). […]
A Practical Guide for Hedge Funds in the Post Registration Era
On June 23, 2006, the U.S. Court of Appeals for the D.C. Circuit vacated the rule, which required hedge fund managers to register with the Securities and Exchange Commission (the “SECâ€Â). As a result, hedge fund managers are no longer […]