Tag Archives: investment-firm
Citadel, SAC Capital Get Pick of Casualties as Carnage Worsens
Bloomberg – Balyasny Asset Management LP recruited more than 30 money managers and analysts from competing hedge funds in the first eight months of the year, exceeding its total for all of 2007. “We have been aggressively looking for talent, […]
Petrobras, Potash Added to Goldman Hedge Fund List
Bloomberg – Petroleo Brasileiro SA, Brazil’s state-controlled oil company, and Potash Corp. of Saskatchewan Inc., the world’s largest producer of the crop nutrient, were added to Goldman Sachs Group Inc.’s list of the most popular stocks among hedge fund managers. […]
Citadel Investment Seeks $1 Billion for Global Macro Hedge Fund
Bloomberg – Citadel Investment Group LLC, the Chicago-based asset-management firm founded by Kenneth Griffin, is seeking about $1 billion for a new global macro hedge fund, according to a person with knowledge of the matter. The fund is set to […]
Loeb, Under SEC Probe, Defends ‘Give-and-Take’ With Other Funds
Bloomberg – Daniel Loeb, whose Third Point LLC is being investigated by regulators, said his "give-and-take” with other hedge-fund managers doesn’t violate securities laws. The U.S. Securities and Exchange Commission is probing New York-based Third Point, which manages $5.6 billion, […]
Och-Ziff Funds Greenhouse Gas Credits to Bury Carbon
Bloomberg – Och-Ziff Capital Management Group LLC will invest as much as $500 million in projects that bury greenhouse gases blamed for global warming and create tradable emissions credits. Och-Ziff, the hedge-fund firm run by Daniel Och, also bought 10 […]
Lehman May Put a Prized Unit on the Block
The Ledger – Lehman Brothers, the troubled investment bank, is considering the sale of all or part of its prized money management division to private equity firms to raise billions of dollars of capital and ease the pressure caused by […]
Tokio Marine Makes Gradual Shift to Hedge Funds as Prices Drop
Bloomberg – Tokio Marine Holdings Inc. will shift more of its 11 trillion yen ($100 billion) in assets to hedge funds and scour the globe for bargains as the credit squeeze forces down prices. Tokio Marine & Nichido Fire Insurance […]
Stanley Shopkorn, Ex-Moore Equities Chief, to Start Hedge Fund
Bloomberg – Stanley Shopkorn, a former head of equities trading at Louis Bacon’s Moore Capital Management LLC, plans to open a global stocks hedge fund, according to a person with direct knowledge of the matter. Hilltop Park Fund LP, based […]
John W. Henry, Altis, Man Funds Slide in July Commodities Rout
Bloomberg – John W. Henry & Co., the investment firm run by the Boston Red Sox baseball team’s owner, is among hedge funds that suffered their worst drops in almost 18 months in July as oil and other commodities retreated […]
Dai-ichi Mutual Aims to Lift Hedge Fund Investments
Bloomberg – Dai-ichi Mutual Life Insurance Co., with more than 30 trillion yen ($274 billion) in assets, will invest more money with hedge funds to safeguard returns as financial markets falter. Tokyo-based Dai-ichi Mutual, Japan’s second-largest life insurer, currently invests […]
