Category Archives: HedgeCo News
Former Goldman Sachs Managers launches new Hedge Fund
WEST PALM BEACH, FL (www.hedgeco.net) – Three former Goldman Sachs managers Girish Reddy, Gavyn Davies and Thomas Healey have announced the formation of Prisma Capital Partners, LP. The new hedgefund of funds has over $1.5 billion in assets under management […]
Unit of Mellon Financial Corp Buys Hedge Fund Administrator
WEST PALM BEACH, FL (www.hedgeco.net) – Mellon Financial Corp. said it agreed to buy DPM, a hedge fund administrator based in Somerset, New Jersey. The transaction is slated to close in the firstquarter according to the report. DPM oversees over […]
Korean Group Calls for Taxation of Foreign Hedge Funds
WEST PALM BEACH, FL (www.hedgeco.net) – A Korean civic group is calling on the Korean Government to institute special taxation for foreign based hedge fund companies doing business in the country,such as the Lone Star and Newbridge Hedge Fund firms […]
Diller / von Furstenberg Family Office Acquires Stake in Alternative Manager Landmark Investors, LLC
Baron Advisors LLC announced that it has sold a minority stake in its private alternative asset management affiliate Landmark Investors LLC to Arrow Partners, the family office of Barry Diller andthe von Furstenberg family. Landmark Investors is the sponsor of […]
Aetna Selects SEI Investments to run its Fund of Funds
WEST PALM BEACH, FL (www.hedgeco.net) – Aetna Capital Management, LLC (ACM) has selected SEI Investments to administer its hedge fund of funds business. According to the press release, �SEI isutilizing its proprietary hedge fund operating platform to provide support and […]
Man Group launches new Fund of Hedge Funds
WEST PALM BEACH, FL (www.hedgeco.net) – Man Investments announced it is launching a new fund of hedge funds. The new product is called Man Glenwood Equity Opportunities. The fund is to be managed bythe Chicago based fund of hedge funds […]
Hedge Funds targeting the Asian market
WEST PALM BEACH, FL (www.hedgeco.net) – Hedge fund managers are attracted to the growing opportunities in Asia. Market analysts believe part of the reason is that many of the Asian markets are farless researched compared to the markets in the […]
CSFB/Tremont Hedge Fund Index up 1.61 in December, 9.64% in 2004
CSFB/Tremont Hedge Fund Index Is Up 1.61% In December; Event Driven Multi Strategy Sub Strategy Is Top Performer, Up 2.62% CSFB/Tremont Investable Hedge Fund Index Is Up 0.99% Net In December; Long/Short Equity Sub Strategy is Top Performer, Up 3.33% […]
Van Global Hedge Fund Index gained 7.8 percent in 2004
WEST PALM BEACH, FL (www.hedgeco.net) – The Van Global Hedge Fund Index posted a 1.6% net gain in December according to new released data. The index finished 2004 up 7.8 percent in a year generallymarked by difficult market conditions. Since […]
Ginger Capital Hedge Fund is now being offered to potential investors
WEST PALM BEACH, FL (www.hedgeco.net) – The Ginger Capital hedge fund will soon be offered to investors according to new press release. The new fund was set up by the ex-Goldman Sachs bankers, XuYanping and Christine Fu, working in conjunction […]
Jovian Capital launches new Multi-Strategy Hedge Fund
WEST PALM BEACH, FL (www.hedgeco.net) – Jovian Capital Corporation has announced the launching of the Taliesin Multi-Strategy Fund, following the joint partnership agreement between the firm andTaliesin Capital Inc. The new fund hopes to deliver absolute returns to its investors […]
Trustee of Union pension funds to begin Hedge Fund investment
WEST PALM BEACH, FL (www.hedgeco.net) – Labor Union pension trustees and their employer representatives are joining the world of hedge funds, according to news reports by the Chicago tribune. Thisgroup has become the last to join the hedge fund investment […]