Tag Archives: investment-firm
JO Hambro Shuts Hedge Fund After VW-Porsche Trade
Bloomberg – JO Hambro Capital Management Ltd., which oversees about $3.5 billion of assets, will close one of its two hedge funds partly because a bet against Volkswagen AG shares backfired, people familiar with the situation said. The $240 million […]
BNP Paribas Wins Prime Brokerage Business With Hedge Fund CQS
Bloomberg – BNP Paribas SA, France’s biggest bank, won prime brokerage business in Asia with hedge fund CQS (U.K.) LLP as it seeks to lure clients in the region from rivals. The new contract with CQS, a London-based hedge fund […]
PXP Vietnam to Start Hedge Fund, Bets on Stock Market Recovery
Bloomberg – PXP Vietnam Asset Management, which oversees $225 million, plans to start a hedge fund by early next year as it seeks bargains in Asia’s second-worst-performing stock market, said co-founder Kevin Snowball. The PXP Vietnam Value Fund will raise […]
Mizuho Said to Hire Ex-Lehman Electronic Trading Team
Bloomberg – Mizuho Financial Group Inc., Japan’s second-largest bank by revenue, will start electronic trading in Asia after hiring a team of 16 former Lehman Brothers Holdings Inc. employees, two executives familiar with the plan said. The team, led by […]
Moore Hires Greg Coffey as European Co-Chief Investment Officer
Bloomberg – Moore Capital Management LLC, founded by Louis Bacon almost two decades ago, tapped Greg Coffey, former GLG Partners Inc.’s top-performing money manager, to be co-chief investment officer of Moore’s European business. Coffey, 37, will join London-based Moore Europe […]
Hedge Fund Boxers Forget Market Woe, De-Stress at Charity Fight
Bloomberg – At 5-foot-4 and 48 years, Nissim “The Miracle” Tse is the shortest and oldest of 34 boxers signed up for this year’s Hong Kong Hedge Fund Fight Nite. Calling himself “a financial warrior,” Tse likens boxing to his […]
This Hedge Fund Manager Tries to Short Himself: Michael Lewis
Bloomberg – The first time I sensed the alarming change in my soul was when I caught myself, five minutes after the market open, reaching for a reefer. Trust me, I didn’t amass legacy wealth (underestimated by Forbes magazine in […]
Former Columbia Professor Starts Asia Fund of Value Hedge Funds
Bloomberg – Van Biema Value Partners LLC, led by a former Columbia Business School professor, started a new fund to invest in Asian hedge funds while plunging markets and client withdrawals force rivals to scale back investments. The Cayman Islands-domiciled […]
Komodo Hedge Fund Outperforms as Cameron Replicates Japan Bets
Bloomberg – Komodo Capital Management Pte’s hedge fund outperformed rivals as Chief Investment Officer Angus Cameron employed strategies he developed during Japan’s slump in the 1990s to profit from the global financial turmoil. The Singapore-based firm’s KC Asia Fund has […]
Barney Frank Wields Clout to Curb Private Equity, Hedge Funds
Bloomberg – U.S. Representative Barney Frank is walking through Statuary Hall in the Capitol, a portrait of rumples and wrinkles. His left shirttail hangs out over his belt. Reporters and photographers are hounding him. Cameras are whirring. Questions are being […]
Buyout, Hedge Funds Will Be Next Dominos to Drop: Matthew Lynn
Bloomberg – If Sherlock Holmes were analyzing the credit crunch, he would be drawing our attention to the dog that didn’t bark, just as he did in “The Hound of the Baskervilles.” The dog, of course, would be hedge and […]
