Tag Archives: hedge fund
BlueMountain to post record returns
Financial Standard – US-based hedge fund BlueMountain Capital Management hopes its forecast 20 per cent plus returns, lower fees and new liquidity rules will appeal to local super funds allocating new money into alternative strategies. Hedge funds are a hard […]
No access to Delphi’s books for bidders -paper
Reuters – Hedge funds that provided bankrupt U.S. auto parts maker Delphi with debtor-in-possession (DIP) financing are not getting access to the firm’s books, hindering their ability to make a takeover offer, the New York Post reported, citing a person […]
Harbinger Capital Takes Position in Zapata
Seeking Alpha – In a 13D filing with the SEC, Harbinger Capital Partners has revealed a new position in Zapata Corporation due to activity on June 17th, 2009. This is a brand new position for the hedge fund and it […]
CIC To Invest $500M In Blackstone Fund
Forbes – Chinese sovereign wealth fund China Investment Corp is poised to invest around $500 million into a Blackstone Group hedge fund unit, a source familiar with the situation said on Friday. The Wall Street Journal earlier reported the news […]
Hedge Fund Cantillon Closing: Converting to Long Only Fund
Seeking Alpha – William von Mueffling’s Cantillon Capital Management will be closing down the hedge fund portion of its business. The fund will wind down its positions except for $1 billion worth of long positions as it reverts to a […]
Hedge fund firm eyes carbon
Stuff – Hedge fund firm Pure Capital plans to launch a range of funds, including products playing food and carbon markets. Anthony Limbrick, chief investment officer of the New Zealand-based firm, told Reuters the Pure Carbon fund, which will be […]
Switzerland Investigates Santander
Wealth Bulletin – Geneva’s public prosecutor said he has launched a criminal investigation into allegations that Banco Santander SA’s hedge-fund unit misled investors when it funneled their money into Bernard L. Madoff’s Ponzi scheme. The formal investigation was opened following […]
Hedge funds to shape up as investors crack the whip
Reuters UK – Hedge funds are going to have to dance to their investors’ tune once more as lucrative profits fall and a new breed of clients begins flexing its muscles, demanding more results from managers. Institutional clients, a growing […]
CIC Said to Invest $500 Million in Hedge Funds, Blackstone
Bloomberg – China Investment Corp., the nation’s $200 billion sovereign wealth fund, may invest as much as $500 million in hedge funds including those run by Blackstone Group LP, said two people familiar with the matter. CIC aims to allocate […]
Fund managers eye hedge fund stress tests
Reuters – Fund managers need to stress-test worst-case scenarios more rigorously before investing in hedge funds, industry participants at a hedge fund conference said on Thursday. Many existing stress tests, used to gauge how funds will perform in extreme market […]