Monthly Archives: May 2007

Hedge Funds Step Up Challenge to SEC on Disclosure

Reuters- Hedge funds and other investment firms have been busily filing quarterly public reports to regulators in recent weeks, offering rivals a window into top manager holdings that sometimes movesshares. But don’t look for any information from Bulldog Investors or […]

InfoUSA responds to Dolphin hedge fund attacks

DMNews.com- InfoUSA Inc. has issued a statement rebutting a series of attacks by hedge fund Dolphin Limited Partnership and Don Netter. Dolphin Limited Partnership and Dolphin Financial Partners, which together own two million shares, or 3.6 percent, of infoUSA, recently […]

Hedge funds may trip REpower deal

Economic Times- The competing takeover bids of Suzlon Energy and Areva of France for Germany’s REpower Systems are set to face difficulties with the hedge funds that own shares in the German company unlikely to sell to the two companies […]

Tudor and Highfields take big stakes in Motorola

  Bloomberg- Tudor Investment and Highfields Capital Management bought Motorola shares in recent months, betting that the maker of mobile phones would return to profit and recoup lost market share. The purchase by the hedge funds of 46 million shares […]

Judge OKs $5M deal with NWA shareholders

Associated Press- Northwest Airlines overcame a major obstacle on its path to exiting bankruptcy Wednesday when a judge approved a settlement with a shareholder group that had opposed the carrier’s reorganization. Judge Allan Gropper approved the $5 million settlement at […]

Merrill’s Kim Joins Exodus of Trading Executives to Hedge Funds

Bloomberg- Dow Kim, the second-highest-paid executive at Merrill Lynch & Co., is resigning to form a hedge fund, the latest top manager to leave an investment bank for the higher pay of running an independent trading firm. Kim, 44, is […]

HEDGE FUNDS Lampert took big stake in Citigroup: SEC filing –

MarketWatch- Hedge fund manager Eddie Lampert has taken a stake valued at about $800 million in Citigroup Inc., a move that is driving up the stock and increasing speculation he may lead the charge for a break up. Lampert’s ESL […]

Commodity Hedge Fund Assets May Rise to $35 Billion

Bloomberg- Investments in commodity hedge funds may rise to about $35 billion by year-end as more traders set up funds to take advantage of swings in prices for energy, metals and agriculture, according to Cole Asset Management. About $30 billion […]

Former SEC head urges hedge funds to self-regulate

Reuters- Hedge funds should establish a self-regulatory organization and avoid taking money directly from average investors to avert government scrutiny and a possible public backlash, a former headof the U.S. Securities and Exchange Commission said on Wednesday. In remarks to […]

GFI Group Inc. Appoints Head of Energy – Americas

HedgeCo.net –NEW YORK, May 16, 2007 – GFI Group Inc. (Nasdaq: GFIG) announced today the appointment of Ian Clague as head of GFI’s energy operations in the Americas.  Mr. Clague will bereporting to Ron Levi, GFI’s Chief Operating Officer.  Mr. […]

CB Richard Ellis and Group Aim Launch Joint Property Hedge Fund

CB Richard Ellis Group and Reech AiM Group have formed a joint venture to set up property hedge funds with a UK and European focus. Launched successfully on May 12th, the Iceberg Alternative Real Estate is a relative value commercial […]

Global Investment House launches Global Islamic Fund of Funds

Global Investment House announced the launch of the ‘Global Islamic Fund of Funds’, an open-ended fund of funds investing in local and international Shari’a compliant funds. The new fund will invest in all types of funds such as equity, real […]