Tag Archives: exchange-value

Triple A seeds new hedge fund by Hong Kong’s EIP

Reuters HK – Triple A Partners, an alternative fund firm specialising in seeding new managers, said on Tuesday it would invest an initial $20 million in a new hedge fund launched by Hong Kong’s Enhanced Investment Products Ltd. Triple A, […]

TPG’s Bonderman eyes debt assets sold by hedge funds

Reuters HK – David Bonderman, one of the the most influential figures in the U.S. private equity industry, said on Thursday his firm, buyout giant TPG Capital TPG.UL, wanted to buy debt assets offloaded by troubled hedge funds. Bonderman, speaking […]

Hedge Fund Boxers Forget Market Woe, De-Stress at Charity Fight

Bloomberg – At 5-foot-4 and 48 years, Nissim “The Miracle” Tse is the shortest and oldest of 34 boxers signed up for this year’s Hong Kong Hedge Fund Fight Nite. Calling himself “a financial warrior,” Tse likens boxing to his […]

Hong Kong shares lower on recession fears, hedge funds redemption worries

Reuters HK – Share prices were sharply lower at mid-morning, with the key index briefly slipping below the 12,000 level, on global recession fears and worries about hedge fund redemptions. Dealers noted concerns that the Japanese yen’s surge against the […]

Asian hedge firms loathe, fear short rule spread

Reuters HK – Asian hedge fund managers are waiting with dread to see if tough new short selling restrictions sweep across the region after Australia and Taiwan joined U.S. and UK regulators in cracking down on the practice. Major Asian […]

FUND VIEW-Evolvence wary on Gulf utilities, likes banks

Reuters HK – Gulf utility stocks should be approached with caution given their need for high capital investment in the next few years and limited pricing power, the manager of the Evolvence MENA Hedge Fund said on Wednesday. But shares […]

KDB made Lehman offer; HSBC may trump Koreans: report

Washington Post – State-controlled Korea Development Bank (KDB) proposed buying 25 percent of Lehman Brothers (LEH.N) for up to $5.3 billion, a newspaper reported, but other Korean banks rumored to be joining a KDB bid consortium denied they were involved. […]

Hedge firm SAIL hires former Goldman exec as CEO

Reuters HK- SAIL Advisors Ltd, one of Asia’s largest homegrown fund of hedge fund managers, said on Wednesday it hired former Goldman Sachs Group Inc managing director Vincent Duhamel as its new chief executive. Hong Kong-based Duhamel will replace Eliza […]

US man faces longer jail term for hedge fund fraud in Hong Kong

MSN UK News- The Hong Kong media says a 63-year-old U.S. citizen has received a longer jail term for masterminding a HK$363 million, or US$46.49 million or euro30 million, hedge fund fraud. The South China Morning Post reported Wednesday that […]