Monthly Archives: May 2006
Fed: Hedge Funds Get Too Much Credit
CFO.com – Banks should impose stricter lending standards on hedge funds, the president of the Federal Reserve Bank of New York said Tuesday. That is the strongest suggestion yet that bank regulatorsremain concerned about often incestuous relationships that allow banks […]
Hedge Fund Increase Stake in The Mills Corp
WEST PALM BEACH, FL (HEDGECO.NET) – San Francisco-based hedge fund, Farallon Partners increased it’s stake in The Mills Corp to a total of 3.68 million shares, or 6.5 percent. Farallon’s increase in shares and voting power follows Mills’ filing last […]
Market Discipline Better Than Tighter Regulations for Hedge Funds
WEST PALM BEACH, FL (HEDGECO.NET) – Ben Bernanke, US Federal Reserve chairman, said allowing hedge funds and trading partners to manage risk and impose discipline in the sector made “economic senseâ€Â, expressing scepticism about proposals to give regulators more oversight. […]
AIMA Launches Cayman Islands Chapter
WEST PALM BEACH, FL (HEDGECO.NET) – The Alternative Investment Management Association (AIMA) – the global hedge fund and alternative investment industry association – has today announced the launch of its Cayman Islands Chapter. The new Chapter is unique in the […]
Two US Senate Republicans question SEC hedge fund rule
Reuters – Two Senate Republicans on Tuesday questioned whether the U.S. Securities and Exchange Commission had the authority to adopt a rule requiring hedge fund advisers to register with theinvestor protection agency. Republican Mike Crapo of Idaho said at a […]
Three indicted in hedge fund case
Bizjournals.com – Three Colorado Springs men have been arrested in connection with an alleged hedge fund scheme that defrauded about 350 people out of a total of approximately $7.5 million, Colorado’s Attorney General John Suthers and Securities Commissioner Fred Joseph […]
Bundesbank urges hedge fund code
Financial Times – The world’s hedge funds should open up their books for public grading by rating agencies and introduce a code of conduct, according to proposals by Germany’s Bundesbank forincreasing transparency in the trillion-dollar industry. // The Bundesbank’s proposals […]
Walkers Sees Rise in Hedge Fund Financing for Distressed Funds – PR Newswire UK (press release)
WEST PALM BEACH, FL (HEDGECO.NET) – Walkers, the global offshore law firm of choice for investment banks, international law firms, collateral managers, and other financial institutions, said today that the trend of hedge funds investing in distressed funds that are […]
Bernanke urges caution on hedge funds
Centre Daily – Financial authorities must stay attuned to any potential risks posed by the growth of hedge funds, an investment domain of the wealthy that has become more popular with smallerinvestors, Federal Reserve Chairman Ben Bernanke suggested Tuesday. “Authorities […]
Sal. Oppenheim acquires stake in UK Hedge Funds
WEST PALM BEACH, FL (HEDGECO.NET) – Sal. Oppenheim was founded in 1789 and is based in Cologne, Germany. Active in the field of corporate finance, Mergers & Acquisitions, Equity Capital Markets, Real Estate Advisory and Financial Institutions they have recently […]
Hedge Funds invest in Hollywood
WEST PALM BEACH, FL (HEDGECO.NET) – Sir George Mathewson, former chief executive of Royal Bank of Scotland, is to become chairman of hedge fund Toscafund Holdings. It is his second appointment in a week since retiring on 28 April after […]
Credit Suisse/Tremont Hedge Fund Index Is Up 2.22% in April
WEST PALM BEACH, FL (HEDGECO.NET) – The Credit Suisse/Tremont Hedge Fund Index is up 2.22% in April, according to Oliver Schupp, President of the Credit Suisse/Tremont Hedge Fund Index. “The equity markets continued an upward trend due to ongoing corporate activity, […]