Monthly Archives: June 2007
Barbarian Investments Launch Film Production Hedge Fund
West palm Beach (HedgeCo.Net)- “The current influx of funds from hedge funds, private equity funds and institutional investors into studio and independent distributor funds has created a considerable opportunity on the content creator side of the Hollywood equation,” says Aaron […]
Hedge Fund Search Engine Launched
West Palm Beach (HedgeCo.Net) A new vertical hedge fund search engine was launched yesterday by Institutional Investor, according to their statement, “The new beta version provides financial professionals with customized access to valuable hedge fund content.” The search engine is […]
US Treasury warns on hedge fund risk
MSNBC- Hedge funds and those doing business with them were on Monday warned by the US Treasury not to operate “under the false allusion” that systemic risk from their activities was not a “realpossibility” in spite of the increased sophistication […]
Hedge Funds Rattle Ameritrade
Street.Com – Two activist hedge funds say the time for TD Ameritrade ( AMTD – Cramer’s Take – Stockpickr ) to sell itself is now. The funds, S.A.C. Capital Advisors and Jana Partners , have taken an8.4% stake in the […]
Activists could well invest in some public relations
Times Online- The modern activist shareholder seems to be turning Theodore Roosevelt’s maxim – “Speak softly and carry a big stick†– on its head. A man with a big mouth and a Derringer is not goingto stop an army […]
Asset Alliance Launches Multi-Strategy Futures Fund of Funds
HedgeCo.net — NEW YORK, CHICAGO, June 11, 2007 – Asset Alliance Corporation, a global leader in alternative investments, today announced the launch of an SEC registered managed futures fund-of-funds– the BTOP50 Managed Futures Fund (BTOP50) — at the Managed Funds […]
Biomet Hedge Fund Buyout
West Palm Beach (HedgeCo.net)- The Board of Directors of Biomet Inc. announced that it has unanimously recommended to shareholders to accept an increased offer from hedge funds in a private equity consortium to acquire Biomet for $46.00 per share in […]
Kassirer Hedge Funds Up for May
West Palm Beach (HedgeCo.Net)- Canadian hedge fund Kassirer Market Neutral Limited Partnership announced today that earnings were up 1.08% in May 2007. “Deal flow remains buoyant reflecting low interest rates, low debt default rates, easy financing, and the ubiquitous private […]
As Money Pours in, Hedge Funds Come to Look More Like the Markets
New York Times- “We are somewhere between the third and fifth inning in the growth of assets invested in alternative strategies,†said Todd Builione, a managing partner at Highbridge Capital Management, a $15.7 billion hedge fund that is majority owned […]
Gamble or risk control? Islamic hedging row rages
Reuters- Demand for hedge funds and for Islamic finance is booming, which makes a hedge fund that complies with Islamic law the holy grail for fund managers who want to tap huge liquidity in the Gulf. But most Islamic finance […]
Hedge funds push for TD Ameritrade merger
Financial News Online US- Two hedge funds are pushing for Canadian online broker TD Ameritrade to merge with a rival in the latest demonstration of investor activism. Jana Partners and SAC Capital want TD Ameritrade to merge with online broker […]
Managed Funds Association Hires Carl Kennedy, Legal Counsel
HedgeCo.net – WASHINGTON, D.C., June 7, 2007 — Managed Funds Association (MFA) today announced that Carl Kennedy has joined the Association as legal counsel. Mr. Kennedy comes to MFA from Ballard Spahr Andrews & Ingersoll, LLP in Washington, DC, where […]