Tag Archives: fund-managers
Persky’s Dalton hedge fund to bet on distressed debt
Reuters – Hedge fund manager Steven Persky plans to start betting on companies’ bad fortunes again. Persky, who runs $1 billion hedge fund firm Dalton Investments, said on Wednesday he will re-launch his distressed debt strategy three years after liquidating […]
Is there a bull market around the corner?
Telegraph.co.uk – The stockmarket bulls have been very quiet of late, but that might be about to change. The FTSE100, made of up Britain’s biggest companies closed last week at an 11-week high at 4,243 and some fund managers are […]
Treasury gets 100 New Fund Manager Applications
West Palm Beach (HedgeCo.net) – The Treasury Department said that they have recieved 100 applications from potential fund managers interested in participating in the Legacy Securities portion of the Public Private Investment Program (PPIP). A variety of institutions applied, including […]
Hedge fund bill to give SEC registration authority
Guardian Unlimited – A U.S. Senate bill to make the $1.3 trillion hedge fund industry more transparent would give federal regulators the authority to require fund managers to register with the Securities and Exchange Commission, one of the bill’s authors […]
Private equity firm takes 40% stake in Panmure
ShareCast – Private equity group BlueGem is to take a 40% stake in stockbroker Panmure Gordon in a move that will inject £17.3m of capital into the broker.Panmure Gordon has placed 72m new shares with BlueGem at 24p per share. […]
Treasury seeks more partners for bad asset program
Norristown Times Herald – The Treasury Department is making it easier for hedge funds and other private investors to participate in its plan for buying up banks’ bad assets, an acknowledgment that the interest level so far has been lackluster. […]
Investors turn the table on hedge fund terms
Reuters – Not only are Hedge funds losing clients and money, they are losing clout, too, as large investors turn the table on them and demand better terms. Stung by investment losses and vexed by so-called gates that limit redemptions, […]
SEC To Contact Hedge Fund Investors
West Palm Beach (HedgeCo.net) – At the MFA Legal, Compliance and Operations Seminar in New York last week, SEC staff described its examination and enforcement priorities for the foreseeable future with respect to hedge funds and investment advisers. According to […]
Funds expect 2009 growth in life insurance trading
Reuters – Fund managers who buy U.S. life insurance policies to cash in the death benefits have predicted a bumper year in 2009 as investors seek uncorrelated alternatives to mainstream markets. Supply is also is expected to increase as more […]
Pallotta’s Slow Start Shows Waning Investor Appetite for Risk
Bloomberg – James Pallotta and Christopher Pia, hedge-fund managers who recently struck out on their own, are discovering just how much the global financial crisis is reducing investors’ appetite for risk. Pallotta, who split from Tudor Investment Corp. last month, […]
Diamond Hedgers Report Increase in Fund Assets
West Palm Beach (HedgeCo.net) – Recently launched Codiam Fund, which invests in pre-cut colored diamonds, has reported an increase of 9% in the fund’s net asset value over the first three months of trading. "We launched the fund in difficult […]
