Monthly Archives: June 2007
Growth Of 130/30 Funds May Lift Hedge Fund Borrowing
CNNMoney.com- Growth of so-called 130/30 and 120/20 funds may lift borrowing costs for hedge funds, according to a report released Monday by the consulting firm Vodia Group. These 130/30 and 120/20 funds are an increasingly popular alternative to hedge funds […]
FIIs Investing In India Can Now Hedge In Dubai
Economic Times- Foreign institutional investors (FIIs) and hedge funds will now have an alternate route to bet on the rising rupee. The Dubai Gold and Commodities Exchange (DGCX) will be launchingfutures contracts on the rupee. Each contract, which covers up […]
Hedge Funds Muscle In On Private Equity Deals
Livemint- Gridstone Research, an equity research start-up in Mumbai, had secured venture capital funding from three investors last March. The investors included Charles River Ventures, Helion Venture Partners and finally Maverick Capital, a $10 billion (Rs41,000 crore) American hedge fund. […]
Group G appoints new Director of Marketing
NEW YORK, NY (HedgeCo.Net) – Group G Capital Partners, LLC (Group G), an investment manager specializing in alternative investment strategies, today announced that Alyson Gardner Kiesel has joined as Director of Marketing and Strategic Development. In this newly created position, […]
STOXX LAUNCHES NEXT GENERATION OF GROWTH
ZURICH (June 4, 2007)â€â€STOXX Ltd., the leading European index provider, today launched the Dow Jones STOXX Strong Style index series, designed to accurately represent the performance of the most style pure companies in Europe and the Euro-zone. This blue-chip index […]
Waves of Change Hit Shores of Offshore “Tax Havensâ€
Many fund managers establish investment funds in offshore “tax haven†jurisdictions to satisfy the tax efficiency requirements of their tax-exempt investors (i.e., non-profit entities such as foundations and pension funds). The use of offshore jurisdictions for the purpose of tax […]
Erste Launches Asia Focused Fund of Funds
This month Erste Bank Alternative Investments further added to its MAX suite of emerging markets funds of hedge funds, with the launch of MAX Asia. A carve out of the global MAX Emerging Markets Alpha Fund, MAX Asia gives investors […]
Hedge Fund Platform Wins Laureate Awad
Hedge fund platform, Logical Information Machines Inc.(LIM) has been recognized as a Laureate by the Computerworld Honors Program for Case Study Historis. This year’s Honorees will be commemorated this evening at the 19th Annual Laureates Medal Ceremony & Gala Awards […]
Tycoon Launches Private Russian Fund
HedgeCo.Net- Russia’s tycoon Mikhail Prokhorov announced the creation of a new private investment fund based on his assets, the ONEXIM Group. The worth of new undertaking exceeds $17 billion, and a stake of 22-percent in GMK Norilsk Nickel is its […]
Germany Sees No Quick Fix to Hedge Fund Oversight
Reuters- German Finance Minister Peer Steinbrueck reiterated his wish to see greater oversight of the hedge fund industry ahead of a key summit, but said he did not expect consensus on the matter tobe reached quickly. As leaders of the […]
Hedge funds draw in the profits for Brait
Reuters- South African investment bank and private equity group Brait increased full-year earnings by 10 percent, helped by a solid performance from the firm’s specialised funds unit, the company said on Monday. Brait, one of the biggest private equity players […]
Institutions Seen Investing $85 Bln In Hedge Funds
Reuters- Institutional investors are set to invest $85 billion into hedge funds and funds of hedge funds over the next 12-18 months, according to research firm Private Equity Intelligence (Preqin). In a note on Friday, Preqin said while high net […]