Tag Archives: investors

Daniel Loeb Takes a Stand for Activist Investing

New York (HedgeCo.net) – Activist investing has become the latest investment style to come under fire, but one of the leading activist investors is not going to stand idly by and let politicians, union bosses or other asset management executives […]

Dynamic Hedge Fund Chairman Says Fraud Allegations ‘Unfounded’

Bloomberg – Alberto Micalizzi, founder of the hedge fund firm Dynamic Decisions Capital Management Ltd., said allegations that he invested in worthless bonds are unfounded and investors will recover close to 100 percent of their money. The firm’s main hedge […]

Northern Trust Named Best Overall Hedge Fund Administrator

New York (HedgeCo.net) – Northern Trust has been named the Best Overall Hedge Fund Administrator by HFMWeek in the magazine’s inaugural U.S. Service Provider Awards. The awards recognize companies that have outperformed their peers during 2008-2009 and demonstrated financial progress, […]

Galleon Wind-Down Of Hedge Funds Is ‘Largely Complete’ -Source

WSJ – Galleon Group’s liquidation of its hedge funds’ portfolios is “largely complete,” a person familiar with the matter told Dow Jones Newswires on Tuesday. The person said that the liquidation was done under “very difficult conditions,” considering Raj Rajaratnam’s […]

Blackstone Is Said to Back Asian Hedge Fund Startup

Bloomberg – Nick Taylor, a former executive of Citadel Investment Group LLC, is preparing to open the largest Asia-focused hedge-fund startup since May 2007 after receiving the backing of Blackstone Group LP, said three people familiar with his plan. Senrigan […]

Singapore Hedge Funds Set to Be Licensed, AIMA’s Coleman Says

Bloomberg – Hedge funds in Singapore will “almost certainly” need to be licensed as the central bank seeks to tighten regulation of the industry, according to the local chapter of the Alternative Investment Management Association, the largest trade group for […]

U.S. Versus Cioffi And Tannin: Opening Statements

Forbes – The government cited what it claims are smoking-gun e-mails between the two fund managers. In at least one case, the government says Tannin wrote from his private Gmail account to Cioffi’s wife’s Hotmail account, declared the subprime mortgage […]

Hedge fund chief joins the great survivors

TimesOnline – Philippe Jabre spent much of last October and November flying economy. Times were tough as he tried to convince investors not to pull their money out of his hedge fund. When he was not in the air, Jabre […]

Blackstone plans portfolio IPOs

Forbes – Private equity firm Blackstone Group is planning to list up to eight of its portfolio companies, according to a source who received a letter the firm sent to investors on Friday. The letter details that Blackstone is positioning […]

Hedge fund assets rebound, near $2 trillion-report

Reuters – Rising markets and a fifth straight month of investors adding money pushed hedge fund assets close to $2 trillion in September, according to industry research firm HedgeFund.net. Globally, hedge fund assets rose nearly 3 percent last month to […]

Delphi emerges from Chapter 11 after 4 years

Associated Press – Delphi nearly emerged from Chapter 11 last year, but was forced to redraw its reorganization plan after a group of investors, led by the Appaloosa Management LP hedge fund, pulled out of an investment deal in April […]

Hollywood studios in midst of their own horror show

Los Angeles Times – In the decade’s early years, high-net worth individuals and cash-flush hedge funds poured billions into Hollywood, backing independent productions and co-financing big-budget popcorn movies. But as those investors lost fortunes in the markets (and, too often, […]