Tag Archives: assets
RAB says clients returning to some hedge funds
Reuters UK – Hedge fund firm RAB Capital said on Wednesday that clients had started putting money back into some of its funds helped by a recent upturn in performance, adding to signs the industry may be recovering. The firm, […]
Hedge fund GLG looks to seed UK-listed oil producer
Reuters – GLG Partners, among the world’s largest hedge-fund managers, is launching an oil production company that will be listed on the London Stock Exchange this fall, people familiar with the plans said on Monday. GLG, based in London but […]
Delphi Favors Bid from Lenders
Private Equity Hub – A group of hedge funds that provided bankruptcy funding to Delphi Corp on Monday won a high-stakes auction to take control of the auto parts supplier, scuttling a rival deal brokered by the Obama administration. Delphi’s […]
CIT may sell aviation-finance, rail-finance ops: report
Reuters – CIT Group Inc (CIT.N), which is looking at selling off some assets, is most likely to sell its aviation-finance and rail-finance operations, the Wall Street Journal said, citing sources familiar with the matter. The people, who said evaluations […]
Geneva Funds of Funds Slump as Banks Struggle to Nullify Madoff
Bloomberg – Geneva banks, which began investing client money in funds of hedge funds during the 1960s, are struggling to rebuild the business after market losses and Bernard Madoff’s Ponzi scheme cut assets by 72 percent. The assets of funds […]
Hedge Fund CFO Says Boss Made Him Fall Guy
Courthouse News Service – The founder and general partner of a $5 billion hedge fund used the company’s CFO as a scapegoat when investors found out he used their money to buy a private Gulfstream jet, the former CFO claims […]
Investment Firms’ Donations May Be Curbed
istockAnalyst.com – The Securities and Exchange Commission unanimously endorsed the proposal amid widening investigations of so-called pay-to-play donations by private equity and hedge fund executives who jockey for lucrative fees to manage some of the more than $2.2 trillion in […]
Geneva Funds of Funds Slump as Banks Struggle to Nullify Madoff
Bloomberg – Geneva banks, which began investing client money in funds of hedge funds during the 1960s, are struggling to rebuild the business after market losses and Bernard Madoff’s Ponzi scheme cut assets by 72 percent. The assets of funds […]
Tokio Marine to Cut Hedge-Fund Investments This Year After Rout
Bloomberg – Tokio Marine Holdings Inc., Japan’s biggest casualty insurer, plans to trim hedge-fund investments and shift more of its portfolio in the industry to strategies such as macro and long-short equity funds. Tokio Marine & Nichido Fire Insurance Co., […]
Hedge Fund Inflows Reach $19.2 Billion In June
HedgeCo.net (West Palm Beach) – Hedge funds attracted $19 billion of fresh capital (gross) in June, marking their second consecutive month of net inflows of $6 billion. Nearly 75% of all reporting hedge funds are in the black for H12009, […]
India Draws Hedge Fund Attention
Seeking Alpha – During the past week, almost 15 percent of investors have expressed a specific interest in India-focused funds. When compared with the first week of the second quarter, this percentage is almost double. In a recent article in […]
LNG eyes debt play on cash-strapped companies
Reuters UK – Hedge fund LNG Capital is eyeing the debt of companies at risk of running short of cash, seeing the potential for high returns at an early stage of the credit crisis when companies are still able to […]
