Tag Archives: hedge

Korea Investment Corp: Near To Investing US$200M

WSJ – Korea Investment Corp., South Korea’s US$30 billion sovereign wealth fund, is close to investing US$200 million into two funds that invest in distressed real estate, Kyungoh Kook, director of KIC’s alternative investment team, said in an interview Thursday. […]

UK Hedge Funds Care Hosts Art Auction – Picasso, Dali, Matisse and Chagall

New York (HedgeCo.net) – Hedge Funds Care is holding its fifth London black tie event in Whitehall, London, on 3 December 2009. Esther Rantzen CBE, veteran journalist and TV presenter as well as founder of ChildLine has agreed to become […]

Watchdogs tell hedge funds: we are on to your game

The Independant – Insiders at the Securities and Exchange Commission, the Wall Street watchdog, and at the Justice Department say that there are more civil charges and more criminal prosecutions in the offing. Hedge fund managers need to learn to […]

US tax chiefs target loans from hedge funds offshore

Reuters – U.S. tax authorities have advised staff in New York to pursue legal cases against hedge funds and companies that avoided taxes through loans that originated in the United States but are approved offshore. The Internal Revenue Service, in […]

Falcone’s Harbinger selling 20 million Calpine shares

MarketWatch – Harbinger Capital, a big hedge-fund firm run by Philip Falcone, is selling 20 million shares of power company Calpine Corp. Harbinger Capital Partners Master Fund I Ltd. is selling the stock in a public secondary offering underwritten by […]

UA alters investment strategy

Tuscaloosa News – A committee of University of Alabama trustees voted to pull some investments from stocks, instead buying more stable U.S. and international bonds in an effort to avoid potential drops in the stock market. International bonds will be […]