Tag Archives: staffers


Andor Hedge Fund to Liquidate

New York (HedgeCo.Net) – Greenwich-based Andor Capital Management will liquidate its $2 billion hedge fund after posting losses due to unfavorable market conditions, following in the footsteps of many failed hedge funds this year.    Co-founder Daniel Benton announced the […]

Goldman And Morgan Link Hedge Fund Lending To Their Own Financial Health

DealBreaker.Com – Morgan Stanley and Goldman Sachs are linking their lending to hedge funds to the market’s assessment of the credit worthiness of the investment banks. Morgan Stanley will reportedly evaluate the amount of leverage it will supply to hedge […]

Trader who lost $9bn bounces back

Financial Times – Brian Hunter, the trader who was blamed for the collapse of $9bn hedge fund Amaranth Advisors two years ago, has taken ­advantage of last month’s plunge in commodity prices to help propel the year-to-date return at the […]

Global Islamic Fund of Funds Ranked Number One

Al-Bawaba – The Global Islamic Funds of Funds has demonstrated excellent performance in terms of returns and stability and has consistently outperformed other funds in the same category. Global Investment House “Global” announced today that its Global Islamic Fund of […]

Fuel hedges could waste airlines’ money

Reuters UK – U.S. airlines are cheering a steep decline in the price of jet fuel since mid-July, when crude oil began a nearly $27-per-barrel descent, but that good news may come with a slight sting for carriers that locked […]

Business Letters: Curb the excesses of the hedge funds

Times Online – The esteem of John Waples for the hedge funds (“Get used to volatility: the hedgies are in control”, last week) was not very sound financial journalism. Who else but these grossly leveraged entities would have the capital […]

Iraqi Babylon Fund Maintains in June

West Palm Beach (HedgeCo.Net)- So far this summer, with only some slight exaggeration, Iraq could comparatively be portrayed as a stable, safe & secure place, according to the Fact Sheet for June 2008 for the Iraqi Babylon Fund. Relative calmness […]

Hedge fund chiefs look to global macro funds in difficult market

International Herald Tribune- Hedge fund managers are looking to global macro funds to try to steer clear of the mess created by the credit crisis while cautiously dipping into a small pool of more risky assets, a Reuters poll found. Stormy […]

Funds of hedge funds look to global macro for gains

Guardian.co.uk- Funds of hedge fund managers are looking to global macro funds to try and steer clear of the mess thrown up by the credit crisis while cautiously dipping their toes in a small pool of more risky assets, a […]

VCM Preps Trio of Hedge Funds

FINalternatives- London-based VCM Fund Management is prepping a trio of hedge funds to invest in alternative energy, macro futures and emerging hedge fund managers.  The firm next month will launch two hedge funds in partnership with K2 Capital, the alternative […]

Bedrock Rolls Out Multi-Strat Fund of Funds

FINalternatives- Bedrock Alternative Asset Management in May launched its Global Diversified Fund, a fund of funds covering private equity, hedge funds, real estate and commodities, combined with traditional stock and bond investments. The fund will invest in a 15 to […]

Hedge Fund Ritchie Capital Drops Suit Against Benchmark

New York (HedgeCo.Net) – The legal battles that ensued between Ritchie and investors who once tried to force an involuntary bankruptcy upon them are slowing simmering down.   Chicago based Ritchie Capital has dismissed a complaint it brought against Benchmark Plus […]