Monthly Archives: June 2010
People Moves: Dechert to Establish Irish Hedge funds Practice
New York (Hedgeco.net) – Dechert LLP is opening an office in Dublin, making it one of only a handful of international law firms to establish a presence in Ireland and the first major onshore transatlantic funds practice to do so […]
Changes to the Regulatory Landscape for Hedge Funds
New York (HedgeCo.net) – Lawmakers are finalizing an extensive overhaul of financial mandates that are sure to alter the regulatory landscape for hedge funds. One likely change will be registration with the SEC, which brings a variety of new rules […]
Silverstone Capital’s flagship hedge funds deliver in May
New York (HedgeCo.net) – London-based hedge fund manager, Silverstone Capital’s flagship hedge fund delivered a gross return of +4.92% for the month of May, taking YTD gross performance to +5.31%, whilst the Monza Fund posted a gross return of +6.77% […]
Ex-Lehman Traders’ Fund Had Best Month by Shorting
Bloomberg – Omnix Multi-Strategy Fund, run by two former Lehman Brothers Holdings Inc. traders, returned 6 percent in May, when hedge funds globally posted the worst month since 2008, by placing more bearish than bullish bets. The Asia-Pacific-focused fund’s net-short […]
Hedge funds try new way to avoid big redemptions
MarketWatch – Many hedge funds are adopting a new way to avoid a repeat of the massive redemptions that crushed managers during the 2008 financial crisis. Some investors like the changes, while others don’t. So-called investor-level gates are popping up […]
Ex-SAC Capital President Brian Cohn Said to Open Hedge Fund
BusinessWeek – Brian Cohn, a former president of SAC Capital Advisors LLC, is planning to start his own hedge fund, according to two people with knowledge of the move. Archeroak Capital Management LP, based in Old Greenwich, Connecticut, is scheduled […]
Klarman Tops Griffin as Investors Hunt for ‘Margin of Safety’
Bloomberg – Seth Klarman almost doubled his hedge fund’s assets to $22 billion in the past two years as the industry shrank by sticking with the off-the-beaten-path investments he’s pursued since starting out in 1983. Unlike John Paulson, who made […]
The Markets Are Hostage to Hedge Funds
CNBC – The fundamentals do matter, Cramer said Thursday, but often times not as much as hedge funds. This was especially true today, as the Dow soared 273 points and the S&P 500 added a big 3%. Sure, the good […]
Galaxy Launches UCITS III Hong Kong Hedge Fund
New York (HedgeCo.net) – Hong Kong hedge fund manager Galaxy Asset Management Ltd, is launching a UCITS version of its Galaxy China Opportunities Fund. Merchant Capital Ltd., a UCITS III platform provider, is partnering with Galaxy on the launch. Subject […]
Demands From Institutional Investors Seen as Transforming Alternative Investment Industry
New York (Study) – The majority of institutional investors intend to increase their allocations to alternative investments over the next three years, carrying far greater influence over the shape of the industry as a result, concludes a KPMG International study […]
‘Black Swan’ hedge funds gain in turbulent May
Reuters – European hedge funds betting on the fallout from unforeseen events were among a small band of winners in a stormy May for investors, and they predict things could get worse rather than better over the next three months. […]
Ucits regulations pose challenge for hedge fund strategies
Hedge Fund Review Magazine – Despite the move to more highly regulated and prescribed funds by some hedge funds, a some pension funds and similar institutional investors remain reluctant to invest in these products. There is talk among some hedge […]