Tag Archives: hedge fund


Hedge Fund Legends: Lee Ainslie

June 5, 2009 : Permalink

Seeking Alpha – Continuing our series of hedge fund profiles and biographies, we turn our attention now to Lee Ainslie of Maverick Capital. We thought this transition was appropriate given how we just yesterday initiated our profile series with coverage […]

Pearl chief Hugh Osmond pays price for capital boost and debt cut

June 4, 2009 : Permalink

Times Online – Hugh Osmond is sitting on a multimillion-pound paper loss after his Pearl Group life assurer agreed a deal to trim its £3 billion debt burden and bring in new equity investors. Pearl secured a £500 million injection […]

Hedge funds to get $60 billion boost

June 4, 2009 : Permalink

Financial Standard – Pension funds around the world are expected to pump up their $547 billion hedge fund allocation by more than $60 billion before December as they look to balance assets and liabilities, new research shows. Hedge fund managers […]

Hedge Fund Prime Brokerage Provider Expands To Chicago

June 4, 2009 : Permalink

West Palm Beach (HedgeCo.net) – NorthPoint Trading Partners, LLC has opened a new office in Chicago, IL., with 12 year industry veteran, Michael Ferro, as head. Ferro has held positions at Genworth Financial, Knight Capital Markets, and X-Change Financial Access. […]

Argentina in contempt of court over defaulted sovereign bonds

June 4, 2009 : Permalink

MercoPress – US District Judge Thomas Griesa granted a contempt of court motion last week by bondholder Aurelius Capital Partners hedge fund, according to a transcript of a hearing in Manhattan federal court obtained over the weekend, reports Reuters. Lawyers […]

Japan’s First Short-Biased Hedge Fund Bets Exporters Will Fall

June 4, 2009 : Permalink

Bloomberg – Alphex Investments Co., the adviser to Japan’s first short-biased hedge fund, plans to sell exporters’ shares, wagering they’ll fall on a rising yen and weak global economy, boosting the fund that started in March. “What we’re seeing right […]

Hedge fund proposal dies in legislature

June 4, 2009 : Permalink

Stamford Advocate – Although it had bipartisan support, a bill requiring hedge funds operating in Connecticut to disclose conflicts of interest to investors died in the House of Representatives Wednesday, the final day of the 2009 legislative session. "It ‘blew […]

Brevan Howard posts 503 million pound profit

June 3, 2009 : Permalink

Reuters – Brevan Howard Asset Management, Europe’s biggest hedge fund firm, made an operating profit of 503 million pounds in the year to July 2008, helped by strong performance from its flagship fund. According to a regulatory filing the firm, […]

JPMorgan to break up unit’s hedge fund

June 3, 2009 : Permalink

Reuters – JPMorgan Chase & Co plans to shut down its Principal Investment Management Group’s hedge-fund business and private-equity division, with the exception of a team that focuses on Asia, Bloomberg said, citing two people familiar with the plan. Bob […]

Bowne and HedgeOp Join Forces to Launch Hedge Fund Compliance Software

June 3, 2009 : Permalink

West Palm Beach (HedgeCo.net) – Bowne & Co., Inc. has signed an alliance with HedgeOp Compliance to offer two new compliance solutions for hedge funds and other registered investment advisers. The first of the hedge fund tools, ‘Bowne ComplianceTrak’, is […]

Paulson & Co Hedge Fund Files 13G on anglogold Ashanti

June 3, 2009 : Permalink

Seeking Alpha – While John Paulson’s position in AngloGold Ashanti (AU) is no secret, his hedge fund has just filed a 13G with the SEC with regard to the position. Paulson & Co has disclosed a 12.1% ownership stake in […]

Hedge fund firm ISAM hires ex-RAB director Barker

June 3, 2009 : Permalink

Reuters – International Standard Asset Management, the hedge fund firm headed by former Man Group chief executive Stanley Fink, has hired former RAB Capital director Rod Barker to help build the business. Barker, who resigned from RAB at the end […]