Tag Archives: reuters
Europe buyout firms eye IPOs as stock mkts thaw
Reuters – European private equity firms are keen to start bringing their best-performing portfolio companies to market, encouraged by early successes on the other side of the Atlantic. Last week KKR successfully listed semiconductor business Avago Technologies Ltd and is […]
Thames River plans two credit funds, US foray
Reuters – Thames River Capital is hoping to launch two investment grade credit strategies later this year and is looking at how best to target the U.S. institutional market, chief executive Charlie Porter told Reuters. The independent fund house, which […]
Thames River plans two credit funds, US foray
Reuters UK – Thames River Capital is hoping to launch two investment grade credit strategies later this year and is looking at how best to target the U.S. institutional market, chief executive Charlie Porter told Reuters. The independent fund house, […]
Freddie Mac reports first profit in two years
Reuters – Freddie Mac, the second largest provider of U.S. home mortgage funding, on Friday posted its first quarterly profit in two years as gains from hedges and a one-time accounting change offset still-lofty credit losses. For the first quarter […]
Hedge funds gain 2.42 percent in July
Reuters – Hedge funds posted more gains last month, providing fresh evidence that the $1.4 trillion industry is recovering after last year’s heavy losses and record redemptions. The average hedge fund gained 2.42 percent in July after having inched up […]
Sprott profit sags as equity rise hits hedge funds
Reuters – Quarterly profit at asset manager Sprott Inc was down by half as some hedge funds were hurt by rallying stock prices, while the company said opportunities still exist on the long side of the market. Eric Sprott, who […]
Railways pension invests 65 million pounds in hedge fund
Reuters – The UK Railways Pension Schemes, one of the UK’s largest plans, has invested 65 million pounds in London-based asset manager Goodhart Partners’ global long-short equity fund of hedge funds. Railpen Investments, the fund manager of the industry-wide scheme […]
Harvard Management hires two from hedge funds
Reuters – Harvard Management Co, which invests the Ivy League school’s multibillion dollar endowment, hired two investment managers away from two prominent hedge funds, the university said on Wednesday. Emil Dabora, a senior managing director at Caxton Associates, will join […]
Fortress Investment loss narrows
Reuters – Fortress Investment Group LLC, one of the few publicly traded U.S. hedge fund groups, reported a narrower quarterly loss on surprisingly strong revenue Wednesday, and forecast improved demand for its portfolios in coming quarters. Fortress executives said several […]
Citadel To Return $250M To Clients
Reuters – Hedge fund firm Citadel Investment Group will return millions to clients who asked to exit last year, but were locked in when its flagship funds lost more than half their value during the financial crisis. The Chicago-based firm, […]
FCA To Invest $60M In WestSpring HF
Reuters – Global fund of hedge funds firm FRM Capital Advisors (FCA) said on Tuesday it will invest up to $60 million in New York-based asset manager WestSpring’s first fund. Specialist hedge fund seeder FCA said the investment is part […]
FRM unit to invest $60 million in new fund
Reuters India – Global fund of hedge funds firm FRM Capital Advisors said on Tuesday it will invest up to $60 million in New York-based asset manager WestSpring’s first fund. Specialist hedge fund seeder FCA said the investment is part […]