Category Archives: HedgeCo News
CLIMBING FOR CHARITY: HEDGE FUND PROFESSIONALS ATTEMPT MT. KILIMANJARO
BERMUDA, HAMILTON, March 2, 2006 – Robin Bedford, President of Dundee Leeds and Charles H. Dufresne, Jr., an attorney at Abbey Gardy, LLP are preparing to climb Mt. Kilimanjaro, the highest freestanding mountain in the world, on March 12-17, in […]
Jeffries Significantly Expands Prime Brokerage Services
NEW YORK, February 22, 2006 — Jefferies & Company, Inc., the principal operating subsidiary of Jefferies Group, Inc. (NYSE: JEF), today announced the hiring of a six-person team of industry veterans to enhance its prime brokerage unit. The group will […]
Crescent City Capital Advisors Announces Launch of New Hedge Fund
Boca Raton, FL. January 2, 2006 – Crescent City Capital Advisors, L.L.C. (CCCA) announced that they have launched the Crescent City Dedicated Short Fund, L.P., a short-biased hedge fund. Crescent City Capital Advisors L.L.C. is an alternative strategy asset management […]
HedgeOp Compliance and Backstop Solutions Group Co-Host Seminar Series
New York, NY – February 22, 2006 – HedgeOp Compliance, LLC and Backstop Solutions Group, LLC (BSG) announced today that they will jointly host a series of seminars for hedge fund managers. The seminars will deal with the complex and […]
Middle East Hedge Fund Event to Examine Regional Capital Allocation Priorities
( www.HedgeCo.net ) – Geographically and financially at the crossroads of the new booming Asian economies and those of the established West, the Middle East is increasingly developing the signs of becoming a global economic force causing international executives, bureaucrats […]
Emerging Markets Sector Invest Index Is Up 6.90% Net In January
HedgeCo.Net – The Credit Suisse/Tremont Hedge Fund Index is up 3.23% for January 2006, which is the highest monthly return since August 2000, according to Oliver Schupp, President of the Credit Suisse Tremont Index LLC and senior member of the […]
Credit Suisse/Tremont Investable Hedge Fund Index 2005 Review
In 2005, the Credit Suisse/Tremont Investable Hedge Fund Index (“INVXâ€Â), was up +3.53% net. The INVX outperformed, on a gross basis, four out of five competing investable indices. The INVX finished the year up +4.41% gross, as compared to HFRX, […]
The alpha in an event
In the hedge fund arena, one quality that managers highlight is their ability to generate alpha. Alpha can be described as the return a manager is able to generate by putting together a portfolio ofsecurities that will outperform the market […]
Last Atlantis Capital Management launches diversified Long/Short Statistical Arbitrage program
ST. THOMAS, USVI – Last Atlantis Capital Management, LLC (St. Thomas, USVI) announces the launch of The LACM Long/Short Statistical Arbitrage Program within The Last Atlantis Master Fund. The same manager has traded the program since 1998 using a highly […]
FTSE Hedge Index returns strong performance for quarter
HedgeCo.Net – The FTSE Hedge Global Index continued its upward climb in January, posting gains of 2.12% in US$ terms. This is the third straight month of greater than 1% monthly returns, bringing the last rolling quarter’s cumulative return to […]
January 2006 Performance Review of the DOW Jones Hedge Fund Strategy Benchmarks
HedgeCo.Net – All of the six hedge fund strategies covered by Dow Jones Hedge Fund Indexes entered 2006 by posting net-of-fees gains in January. One point worth noting is that as per the indexes’ calculation methodology, at the start of […]
MAXAM Capital Management Selects Backstop IPM
HedgeCo.Net – Backstop Solutions Group, LLC (BSG) announced today that MAXAM Capital Management LLC, a diversified investment firm founded by hedge fund luminary Sandra Manzke, has chosen Backstop Investment Partnership Management software (Backstop IPM) to manage MAXAM’s portfolio management, manager […]