Monthly Archives: May 2006
BIBA Product Development Committee Launches New Product
WEST PALM BEACH, FL (HEDGECO.NET) – The Bermuda International Business Association (BIBA) today announced that it had brought to market a new product whereby funds can be BMA approved and listed onthe Bermuda Stock Exchange in as short a time […]
Jerome Berset Joins CMS S.A as Senior Hedge Fund Analyst
WEST PALM BEACH, FL (HEDGECO.NET) – Capital Management Advisors Group, which currently manages $1.6 Billion in institutional and private client assets, has hired Jerome Berset as Senior Hedge Fund Analyst and Director of CTA and Macro research. In 2006, CMA […]
Dalton Investments to Liquidate Two Distressed Debt Hedge Funds
WEST PALM BEACH, FL (HEDGECO.NET) – Investment management firm, Dalton Investments, which manages about $1.3 billion, will send back roughly $300 million to people who invested in its 7-year old Dalton Global Opportunity Fund and its 2-year old Dalton Distressed […]
Pirate Capital Hedge Fund Boosts Stake in Intrawest
WEST PALM BEACH, FL (HEDGECO.NET) – Pirate Capital LLC, a U.S. hedge fund, has increased its stake in Canada’s Intrawest Corp. by acquiring another 325,650 Intrawest shares. The fund now owns 7.1 million shares of the Canadian ski resort owner’s […]
Baring hikes hedge fund exposure
Reuters.uk – BlueCrest Capital Management, one of Europe’s biggest hedge funds, said on Tuesday it plans a fund listing which will make its investment strategies available to UK institutions andwealthy individuals. Analysts say the listing could appeal to investors such […]
Hedge fund raises stakes in infoUSA proxy fight
Reuters – Hedge fund Dolphin LP on Tuesday raised the stakes in a fierce proxy fight for control of infoUSA by releasing a letter it says will show shareholders that the database firm’s foundershould be voted off the board. Dolphin […]
BlueCrest to list multi-strategy hedge fund
Reuters.uk – BlueCrest Capital Management, one of Europe’s biggest hedge funds, said on Tuesday it plans a fund listing which will make its investment strategies available to UK institutions andwealthy individuals. Analysts say the listing could appeal to investors such […]
Fresh surge in commodity prices raises fears of unsustainable speculative bubble
The Independent – Fears of an unsustainable bubble in commodity prices were fuelled yesterday after key industrial metals such as copper and zinc surged amid thin trading. The copper price leapt more than 3 per cent in London as traders […]
The LBO Meets Main Street
BusinessWeek – Private-equity funds, once the exclusive domain of large institutions and wealthy individuals, are going mainstream. Getting into a leveraged buyout isn’t quite as simple as purchasing a CD at the local bank — but it’s getting there. An […]
R.J. O’Brien Customer Assets Climb to $1.9 Billion
WEST PALM BEACH, FL (HEDGECO.NET) – R.J. O’Brien and Associates, Inc. (RJO), the nation’s largest independent futures brokerage, announced today that its customer assets soared 50% during the first quarter of 2006 when compared to the first quarter 2005, bringing […]
Last Atlantis Capital Management appoints new Marketing Executive
WEST PALM BEACH, FL (HEDGECO.NET) – Last Atlantis Capital Management, LLC (St. Thomas, USVI) announced the expansion of their marketing staff with the appointment of sales executive James Duggan. In addition to developing new distribution strategies and industry relationships, Mr. […]
SEC Charges Deephaven Capital Management, LLC and Former Portfolio Manager with Insider Trading
WEST PALM BEACH, FL (HEDGECO.NET) – On May 2, the Commission filed a complaint in the U.S. District Court for the District of Columbia against hedge fund adviser Deephaven Capital Management, LLC and its former portfolio manager Bruce Lieberman, charging […]