Monthly Archives: June 2009

Hedge funds fuel return of confidence

The Australian – Global hedge funds made an estimated 9.73 per cent in returns for the year to June 24, according to figures published by data provider Hedge Fund Research. Individual managers, including Britain’s Henderson Global Investors, have seen funds […]

Hedge funds, private equity brace for U.S. reports

Reuters India – Hedge funds, private equity firms and other investors are scrambling to meet a looming deadline to report their offshore income, as U.S. tax collectors boost efforts to track foreign holdings. The reports will give authorities a glimpse […]

Cuddling Up to BDSI

Triangle Business Journal – As BioDelivery Sciences International awaits approval of its first product, a New York hedge fund has gained control of enough BDSI shares to become its largest shareholder. With what looks like one goal in mind – […]

Hedge Fund of Funds Program Launched By Arden Asset Management and J.P. Morgan

West Palm Beach (HedgeCo.net) – Arden Asset Management LLC, a leading independent fund of hedge funds manager, and J.P. Morgan today announced an agreement under which Arden will manage a $1.1 billion proprietary hedge fund of funds portfolio for J.P. […]

State Street to administer Caxton hedge funds

Boston Globe – State Street Corp., which specializes in serving institutional investors and wealthy customers, said Thursday it has been selected to provide hedge fund administration services for about $6 billion in assets advised by Caxton Associates. State Street’s hedge […]

London’s Hedge Fund Alley Tenants Face a Doubling in Tax Rates

Bloomberg – Hedge funds and other tenants in London’s Mayfair and St. James’s district, the world’s second- most expensive business location, face a doubling in property taxes in the next five years, real estate brokers said. Tenants in central London […]

BTIG Expands International Capabilities With Japan Equity Team

West Palm Beach (HedgeCo.net) – Institutional brokerage and hedge fund services company BTIG LLC, announced the expansion of its international capabilities with the addition of a three-person U.S. based live hours (8pm-2am EST) Japan team. The U.S. based Japan team […]

Obama loves hedge funds

Reuters Blogs – The big winner in the Obama administration’s financial regulatory reform package is the beaten-up hedge fund industry. Hedge funds get a particularly “light touch” when it comes to government oversight in the Obama plan. Essentially, the administration […]

India-centric offshore funds take wings

MSN India – Fund managers are aggressively selling the India theme to overseas investors. After Singapore-based Helios Capital’s fund manager Samir Arora’s India-focused Slumdog Millionaire Equity Fund, domestic brokerage firm India Infoline, run by Nirmal Jain, and Atlantis Investment Advisor […]

CDC Invests $10 Million In Rabo Equity Advisors’ Agri Fund

VC Circle – UK fund of funds CDC Group Plc has committed $10 million to Rabo Equity Advisors’ India Agri Business Fund. This investment is part of CDC’s new investment policy which came into effect on January1, 2009, according to […]

Monier lenders approve restructuring deal

Reuters India – Lenders to French roofing company Monier Group have approved a restructuring deal that sees a group of debt investors take control of the company, a source with knowledge of the situation said on Thursday. The deal is […]

Hedge fund firm Polar assets fall, sees new inflows

Reuters – Hedge fund firm Polar Capital reported a fall in assets but has seen net inflows in recent months and said on Wednesday it was looking "more aggressively" at buying firms in distress. Polar said assets under management fell […]