Tag Archives: volatility
TPG’s Bonderman eyes debt assets sold by hedge funds
Reuters – David Bonderman, one of the the most influential figures in the U.S. private equity industry, said on Thursday his firm, buyout giant TPG Capital , wanted to buy debt assets offloaded by troubled hedge funds. Bonderman, speaking at […]
Long-only turmoil pushes investors to hedge funds –
Financial Standard – As the GFC batters confidence in long-only equities, sentiment is turning to hedge funds, provided you partner with groups that are reputable and well run, said Spencer Young, chief executive officer of HFA Holdings. The result is […]
Hedge funds make £18bn loss on VW
BBC Business – Hedge funds have lost £18bn in two days of trading in Volkswagen (VW) shares that briefly saw the carmaker become the world’s most valuable company. VW shares rose 348% over Monday and Tuesday after it emerged that […]
Dow Jones Suspends 2 Hedge Fund Benchmarks Amid Deleveraging
CNNMoney.com – Dow Jones & Co. has suspended the publication of two hedge-fund benchmarks and the Dow Jones Hedge Fund Balanced Portfolio Index that incorporates them, saying that the underlying hedge funds have been deleveraging in an effort to reduce […]
Swiss hedge fund industry to grow as crisis bites
Reuters UK – Switzerland’s fledgling hedge fund industry is set for strong growth in the coming years as the credit crisis forces the industry to focus on lower-cost centres and the country aims to lure managers back from London. Lower […]
Hedge funds add to markets’ pain
USA Today – The great unwind in the secretive hedge fund world caused by steep losses has contributed to the megapain in the stock market. Wealthy folks and big investors yanked a record $31 billion to $43 billion out of […]
Will Both Large And Small Hedge Funds Survive?
istockAnalyst.com – September may in fact be the cruelest month of all, at least for hedge funds – now even worse than the previous "comeuppance month" just this last July. Popular funds, such as Greenlight Capital and Maverick Capital had […]
Agecroft Hires Hedge Fund Manager
West Palm Beach (HedgeCo.net) – Hedge fund third party marketing firm, Agecroft Partners has hired its 5th Managing Director, Jarratt Ramsey. Jarratt spent the last 11 years at multi-billion hedge fund Chesapeake Capital Management. "Jarratt is a wonderful addition to […]
New York Hedge Fund Fails to Gain Seats on Board
New York (HedgeCo.Net) – New York hedge fund Elliott International’s quest to place two members of its team on the board of New Zealand-based Telecom has officially come to an end when they failed to win the bid at the […]
Foreign funds cut Nigeria exposure, impact limited – analysts
Reuters – Nigeria’s buoyant real economy and strong domestic liquidity will limit the damage caused by hedge funds and portfolio investors pulling money out of the country as the global financial crisis bites, analysts say. The sheer size of Nigeria’s […]