Tag Archives: due-diligence-service
Former UBS Trader’s Hedge Fund Takes a Hit
New York (HedgeCo.Net) – The SRM Global Master Fund, headed by former UBS AG star trader Jonathan Wood, is down about 85% over the course of its two-year tenure, according to a report by the Wall Street Journal. Launched in […]
Hedge Fund Correlation Research Report by Credit Suisse
West Palm Beach (HedgeCo.net) – Hedge funds generally are more correlated in bull market runs and more de-correlation at market downturns. A comparison of the Credit Suisse/Tremont Broad Benchmark Index (HEDG), an asset-weighted broad benchmark of the hedge fund industry, […]
Turnberry Hedge Fund to Liquidate
New York (HedgeCo.Net) – Turnberry Capital Management LP has decided to close its doors and liquidate its assets, after many investors inquired about getting their money back. The hedge fund, which specializes in purchasing distressed debt, once held approximately $800 […]
Hedge Fund Advisor Hires Mathematician and Boosts Assets
West Palm Beach (HedgeCo.net) – Hedge fund advisory firm D5 announced the launch of two new accounts, with each promising capacity of $50 million, for a possible $ 100 million on additional capital for the firm. The new accounts coincide […]
Barclay Managed Funds Report Now Available
West Palm Beach (HedgeCo.net) – Research and Markets has announced the addition of the "The Barclay Managed Funds Report" subscription to their offering. Published quarterly, for the last 17 years, the Barclay Managed Funds Report provides industry professionals with information […]
Public Pension Fund Hoping to Up Hedge Fund Stake
New York (HedgeCo.Net) – At a time when most investors are becoming increasingly weary of high risk hedge funds, public pension funds are upping their stake, hoping to make up for recent lackluster performances. New York State has a cap […]
MAM Launches Hedge Fund-Like Returns Strategy
West Palm Beach (HedgeCo.net) – California based Martin Asset Management (MAM) is replicating hedge-fund-like returns and risk factors through its ETF strategies without the heavy fees, lockups and non-transparent holdings, the boutique alternative investment firm said. "Our approach allows investors […]
Partner Files Hedge Fund Management Complaint
West Palm Beach (HedgeCo.net) – The Manager of the K Squared Funds, a New York-based group of hedge funds, was named as a defendant in a lawsuit filed by his ex-partner. The suit brings claims for fraud, breach of contract, […]
Castle Hall Hires Kosta Segounis
West Palm Beach (HedgeCo.net) – Castle Hall Alternatives, a provider of hedge fund operational due diligence, has hired Kosta Segounis as Senior Manager, he will supervise a team of analysts responsible for operational due diligence on numerous hedge funds. "I […]
GM Increases Loan to Delphi by $300 million
New York (HedgeCo.Net) – While Delphi continues its quest to secure the capital needed to exit bankruptcy, GM has announced they will increase their loan to the auto parts maker to $950 million. The extra $300 million will help Delphi […]
Merrill, Citigroup to Buy Back $30 Billion in ARS
New York (HedgeCo.Net) – Merrill Lynch and Citigroup, two banks that have already written down billions in losses, will buy back $30 billion in auction-rate securities as part of an agreement with regulators. This comes after the threat made by […]
