Tag Archives: india
Helios Plans India ‘Slumdog Millionaire’ Stock Fund
Bloomberg – Helios Capital Management Pte, the hedge-fund manager once backed by Tudor Investment Corp., plans to start a “Slumdog Millionaire” fund that will buy underperforming shares of Indian companies. “We want to find slumdogs from the Indian equity markets […]
Indea Hedge Fund Plans to Buy, Not ‘Panic,’ on Polls
Bloomberg – Indea Capital Pte, an India-focused hedge fund that manages about $300 million, plans to buy shares even if India’s election results disappoint investors, said Chief Investment Officer Raj Mishra. The ruling Congress party-led coalition and the main opposition-led […]
Skybridge invests in manager Wyetree
Reuters India – SkyBridge Capital, a firm that provides money for early-stage hedge funds, on Friday said it invested $50 million (33 million pounds) in WyeTree Asset Management Ltd, a London-based fund focused on distressed mortgage securities. WyeTree seeks out […]
Twittering their way to smarter trades
ReportonBusiness.com – When Tom Liston needs insight on one of India’s largest companies, he doesn’t pick up the phone to call a long-cultivated, top secret source – he logs on to Twitter to check up on a stranger who broadcasts […]
Church Pension fund opens shop in Asia
Reuters – India Church Pension Fund has invested in Future Group backed Indivision India, Advantage Partners and IDG Accel China. The $8 billion Church Pension Fund based in New York City has roped in Eric Mason(ex-Carlyle Group), to open a […]
Hedge Funds join the rally on Wednesday
Reuters India – New Vernon Bought stakes in Indage Vitners and Orbit Corp. Deutsche Sec bought 11% into UB Group. Private equity and hedge funds seem to be playing their parts in the brief rally that the Indian stock markets […]
Hirco shareholder seeks ouster of chairman, 2 directors
Forbes – India-focused property firm Hirco Plc said on Monday hedge fund and shareholder Laxey Partners Ltd has sought a shareholder meeting to remove chairman and two other board members, and to appoint its nominees on Hirco board. Laxey has […]
Emerging Hedge Fund Managers Get Fee Cuts Through Philanthropy
West Palm Beach (HedgeCo.net) -Hedge fund admin provider, Variman LLC, and Hedge Funds Care are working together offering discounted monthly service fees to emerging hedge fund managers who donate the standard set-up fee to Hedge Funds Care on behalf of […]
KSK Energy Fund wound up
Reuters India – KSK Emerging India Energy Fund had raised £100 million from AIM last year to invest in Indian energy companies. Global recession has claimed a victim in India. KSK Emerging India Energy Fund (KEF), a £100 million fund […]
Fraud worries grow for private equity deals in Asia
Forbes – Private equity investors in Asia are increasingly fearful of fraud within their portfolio companies as the global economic downturn puts mounting pressure on firms in the region. The global financial crisis has already caused significant damage to private […]
Merkel urges EU to approve German bank aid
Forbes – German Chancellor Angela Merkel on Thursday called on the European Commission to quickly approve Germany’s planned aid for lender Commerzbank as part of its bank rescue package. Germany is in a dispute with the Commission over whether the […]
