Category Archives: Offshore funds

Bold hedge funds mull risky Greek debt battle

(Reuters) – Some hedge funds are refusing to join Greece’s bond swap, threatening legal action if the government does not come up with a better offer and complicating efforts to restructure the country’s debt. Greece’s private creditors have until Thursday […]

Asia Hedge Fund Startups Falter as Big Backers Pull Cash

Bloomberg: Asia-focused hedge funds that were started with the help of a major backer after the 2008 credit crisis are shutting down as a shrinking pool of key investors makes it harder for them to raise capital. Isometric Investment Advisors […]

Brevan Howard Bets Against Euro as Greece Comes to Pivot Point

Wall Street Journal: Brevan Howard Asset Management LLP, one of Europe’s biggest hedge funds, is betting against the euro as Greece’s debt crisis nears a boiling point. The London-based firm, which manages over $32 billion in assets, recently purchased put […]

DMS Launches Brazil Hedge Fund Office

New York (HedgeCo.net) – Hedge fund governance firm, dms Management Ltd. (DMS), is expanding its global presence with the opening of an office in Sao Paulo, Brazil: dms Management (Brasil) Assessoria Empresarial Ltda. The establishment of the Brazil office marks […]

Hedge Fund Tax Alert: Cayman Islands Secures Agreement with India

New York (HedgeCo.net) – The Cayman Islands signed its twenty-second Tax Information Exchange Agreement (TIEA) with India yesterday. The Cayman Islands is on the Organisation for Economic Cooperation and Development’s (OECD) ‘white list’ of jurisdictions that implement international tax standards for […]

Update: Nanotech Hedge Funds Soar in 2010

New York (HedgeCo.net) – Frankfrurt-based nanotechnology investor, Nanostart Investments, has managed to achieve their capital objectives for 2010 in the first half of the year. The company also obtained a gross cash influx of nearly 1.3 million euros ($1.75 million) […]

Cayman Ranked #1 For Hedge Funds, Specialized Finance

New York (HedgeCo.net) – The world’s largest domicile for hedge funds, healthcare insurance captives and catastrophe bond transactions, has been named the top specialised financial center by The Banker, a banking and finance magazine, in it’s 2010 IFC Rankings released […]

Hedge Fund Strategies: Galtere’s Agribusiness

New York (HedgeCo.net) – U.S. registered investment manager Galtere has launched an agribusiness private equity strategy that aims to take advantage of the shift in global market dynamics and a growing worldwide demand for commodities from institutional investors. The agribusiness […]

UCITS 3 Hedge Funds Index Launch

New York (HedgeCo.net) – Geneva based hedge fund advisory company, NARA Capital, announced plans to release its UCITS Alternative Index to the public. A series of indices aims to track the performance UCITS hedge funds and funds of funds. ”NARA […]

Truebeta Launches Hedge Fund Replication Model

New York (HedgeCo.net) – Independent, factor-based hedge fund replication service, TrueBeta, is launching a dynamic leverage model for hedge fund replication. The company says the application will improve it’s correlation to broad hedge fund performance. “TrueBeta is setting a benchmark […]

FBAR’s Due For U.S. Investors in Offshore Hedge Funds

West Palm Beach (HedgeCo.net) – On June 12, three IRS personnel participated in a teleconference designed to address open questions regarding the Report of Foreign Bank and Financial Accounts (FBARs) for calendar year 2008 that must be filed by June […]

Ex Hedge Fund Trader Vs. Ex Wife, High Powered Hide and Seek

West Palm Beach (HedgeCo.net) – In a bizarre hedge fund story sent to me by a reader, an ex JP Morgan Director and ex trader for hedge funds Tudor and Brevan Howard has been traced by his ex wife’s investigators […]