Yearly Archives: 2005

The early reaction to Hilton’s (HG.LN) sale of its hotel assets to Hilton Hotels is positive, says a hedge fund broker. “It’s a nice way to wrap up the year, a sigh of relief,” he says, “Some hedge funds thought […]

International Herald Tribune – Investors planning to put money into hedge funds, frustrated this year by the lowest returns in three years, are allocating more of their money to managers who bet on stocks and economic trends because they expect […]

Salt Lake Tribune – Consumers and corporate chieftains alike should check an economic flare the bond market sent up on Tuesday. Traders demanded higher yields on U.S. Treasury bonds maturing in two years vs. similar investments due 10 years from […]

Slate – This was the year of hedge funds. The largely unregulated pools of private capital—generally available only to institutions and the rich—have proliferated nearly as fast as adulatory articlesabout them. Hedge-fund managers have historically been the Garbos of the […]

Wichita Eagle – A 41-year-old Wichita man faces securities fraud charges over investments in a fund worth $1.9 million. Scott B. Kaye was arrested Tuesday in North Newton and charged Wednesday in Sedgwick County District Court with 35 criminal counts. […]

South African hedge funds held their ground as an attractive asset class by serving up mostly double-digit returns in 2005. Of the 24 funds polled by the Nedgroup Hedge Fund Review that reported returns for the year to November 30, […]

A Connecticut-based hedge fund has bought up a major stake in Columbia-based Duratek Inc., becoming the largest shareholder in the radioactive and hazardous waste management company, according to recent financial filings with the Securities and Exchange Commission. Tontine Capital Partners […]

For hedge funds and their offspring, the days of rugged individualism are numbered. That’s the thesis of a new study by Don Putnam, the investment-banking luminary who founded Putnam Lovell and spearheaded such storied acquisitions as Pimco by Allianz Group […]

NEW YORK — The Boston hedge fund K Capital yesterday said it may sell some of its OfficeMax Inc. shares. That helped send the number three office supplier’s stock down 11.5 percent, to its lowest close since July 2003. The […]

The hedge fund industry is on the verge of significant regulatory changes. A recently adopted U.S. Securities and Exchange Commission rule has narrowed the exemption thathedge fund managers have relied on to avoid federal registration. The new rule will result […]

The U.S. authorities say Michael Lauer built his $1.2 billion hedge fund on deceit and lies. But two and a half years after they shut him down, he still hasn’t gone to trial. Michael Lauer was nearly penniless when he […]

New York State Attorney General Eliot Spitzer announced an agreement with two related Texas hedge funds and their managers to resolve an investigation of improper trading of mutual funds. The settlement with the two funds – Veras Capital Master Fund […]