Category Archives: HedgeCo News
SJL Capital LLC Launches Its First Hedge Fund
West Palm Beach, FL (www.hedgeco.net) – SJL Capital LLC, Registered Investment Advisors, has launched its maiden hedge fund, SJL Capital Hedge Fund I. The new fund will began trading on September 6th according to the firm, and is domiciled in […]
Hedge Funds helped Henderson Group quadruple its earnings
WEST PALM BEACH, FL (www.hedgeco.net) – Henderson Group said its first-half profit quadrupled, such profit resulted from its sales of hedge funds. According to Bloomberg news, net income at Hendersonjumped to about BP 23.7 million, rising from BP 5.1 million […]
SEC Charges former Kmart’s CEO and CFO with fraud
WEST PALM BEACH, FL (www.hedgeco.net) – The Securities and Exchange Commission has charged two former Kmart executives with financial fraud. According to the complaint filed by the agency, �formerChief Executive Officer Charles C. Conaway and former Chief Financial Officer John […]
Standard and Poor’s awards Thames River’s Sentinel Fund and Warrior Fund A ratings
Thames River Capital (TRC) are delighted to report that both Thames River Sentinel Fund and Thames River Warrior Fund, Thames River Capital�s two �core� funds of hedge funds have been awarded an ARating by Standard and Poor’s. Thames River Sentinel […]
Hedge Funds boost stakes in Commerzbank
WEST PALM BEACH, FL (www.hedgeco.net) – More hedge funds are buying into Commerzbank according to Reuters reports. Toscafund and Lansdowne Partners, both U.K. based hedge fund managers, haveaggressively acquired shared of Commerzbank. Both banks declined to give comments about their […]
Management Changes in DaimlerChrysler Lure More Hedge Fund Interest
WEST PALM BEACH, FL (www.hedgeco.net) – Management changes in auto maker DaimlerChrysler have attracted more interest from hedge funds in the firm. According to Reuter�s news reports, hedge fundshave increased their stakes in the firm recently. An anonymous source told […]
Campbell & Company Announces Retirement of EVP, Doug York
Towson, MD, August 23, 2005 � Campbell & Company today announced that Doug York, executive vice president and head trader, plans to retire from the firm, effective August 31, 2005. Bruce Cleland,president, made the announcement and said that Michael Harris, […]
Hedge Fund Manager to press ahead with its $2 billion offer to acquire Acxiom Corp
WEST PALM BEACH, FL (www.hedgeco.net) – ValueAct Capital has said it plans to continue with its bid to acquire Acxiom Corp, according to Reuter�s news. ValueAct owns about 11 percent stake of AcxiomCorp, a services provider firm based in Little […]
York Capital Hedge Fund seeks stake in PanAmerican Bancorp
WEST PALM BEACH, FL (www.hedgeco.net) – York Capital Management Hedge Fund is seeking a 25 percent stake in PanAmerican Bancorp, according to Banking and Finance reports. The fund is seeking approvalfrom industry regulators to purchase a 25 percent stake in […]
Record number of new Hedge Funds launched in Cayman Islands
WEST PALM BEACH, FL (www.hedgeco.net) – A record number of new hedge funds were created during the first half of 2005, according to Busnesswire reports. Despite the global slowdown in hedge fundreturns during the first half of 2005, there was […]
State Hedge Fund group launches Connecticut Hedge Fund Association
WEST PALM BEACH, FL (www.hedgeco.net) -The Fairfield County of Connecticut has formed the Connecticut Hedge Fund Association, according to published reports. The association was launched with acocktail party at the Indian Harbor Yacht Club in Greenwich. Several hedge fund industry […]
Christopher S. Fox to Join Ivory Capital
Greenwich, CT. � FrontPoint Partners LLC, the $5.7 billion Greenwich-based investment management firm, today announced that Christopher S. Fox will join Ivory Capital Group, LLC (�Ivory�) effectiveJanuary 1, 2006. Mr. Fox and Ivory founder Curtis Macnguyen will assume the newly […]