Tag Archives: asset-management-firm


Hedge Fund Shareholder Appointed To Legg Mason’s Board Of Directors

New York (HedgeCo.net) – $703 billion global asset management firm, Legg Mason, announced today that an outstanding shareholder, hedge fund manager Nelson Peltz, will be elected to the Company’s Board of Directors, Peltz is Chief Executive Officer and a founding […]

Pucci, Credaris Veteran, Starts $100 Million Credit Hedge Fund

Bloomberg – Gennaro Pucci, formerly head of trading at credit manager Credaris, has started a $100 million hedge fund that will trade mostly European corporate debt, credit derivatives and asset-backed securities. Christian Evans and Rachel Barnard, both formerly at UBS […]

Hedge fund veteran Duff hunting for takeovers

Reuters – Hedge fund industry veteran Philip Duff is setting his sights on acquiring an asset management firm at a time he says big corporations are ready to leave the management of their pension funds to someone else. Duff made […]

Hedge Fund BlackRock Buys Barclays, $2.8 Billion In Commitments From Investors

West Palm Beach (HedgeCo.net) – BlackRock, Inc. announced the purchase agreement to acquire Barclays Global Investors, including its market-leading ETF platform, iShares, from Barclays PLC. “We are incredibly excited about the potential to significantly expand the scale and scope of […]

Offshore Emerging Market Firm Hires Hedge Fund Manager

West Palm Beach (HedgeCo.net) – FSA regulated specialist asset management firm, Silk Invest Ltd, has hired John Bates, former Head of Credit Research Africa at investment bank Renaissance Capital, to spearhead its move into Frontier Fixed Income, an emergent hedge […]

Diamond Fund Set to Launch

KPR Capital Limited announces the launch of the KPR Diamond Fund. The fund offers investors a unique access to physical diamonds capitalising on the price appreciation of top quality colourless diamonds.    The Fund aims to provide returns which are […]

Japanese Hedge Fund 21st Century Asset to Seek Takeover Targets

Bloomberg – 21st Century Asset Management Co., run by former Nomura Asset Management Co. executive Takanori Shimizu, said it may seek growth through takeovers after the worst year on record for hedge funds. Shimizu, 63, said he will also cut […]

Silk Invest/Danfonds Team to Launch 2 new Hedge Funds

West Palm Beach (HedgeCo.net) – Specialist asset management firm, Silk Invest Ltd, has acquired Danfonds Frontier Fund SPC., a Cayman based hedge fund, in an all equity deal, Silk Invest also bought majority share in Danfonds Frontier Fund SPC, which will […]

Hedge Fund Used As Case Study At Stanford

West Palm Beach (HedgeCo.net)- Stanford University’s Graduate School of Business is using a hedge fund, GlobeOp Financial Services, in a business model case study developed for classroom. The case study, ‘GlobeOp: Enabling Hedge Funds, 2000-2003,’ emphasizes how vital a robust […]