Monthly Archives: August 2011
Hedge funds are the key to Rio’s Riversdale win
The Australian – “I would say it was one of the most interesting and challenging deals in a lot of ways because of the share register,” says Minter Ellison partner Costas Condoleon, who worked on the deal for Rio. “The […]
Hedge fund managers seeking legal advice
Irish Times – Hedge fund managers are seeking legal advice about the worth of their credit default swap contracts amid plans for a voluntary exchange of Greek government bonds as part of the country’s rescue plan, advisers say. David Geen, […]
In Crisis Mode, Hedge Fund Managers Turn To The VIX
Forbes – Looks like the biggest derivatives trade of the week is buying VIX options. That’s the way most hedge fund managers are going to protect themselves from wild swings in the market, expected all week long thanks in part […]
Hedge Fund Buys Put Options, CDS Ahead of U.S. Rating Cut
San Francisco Chronicle – R-SQUARED, a $220 million Japan- focused hedge fund, bought put options and credit default swap indexes and sold cash bonds in anticipation of a U.S. sovereign- rating downgrade, said Tan Maruyama, the fund’s manager. The hedge fund, run […]
Hedge Fund Giant Blackstone Acquires $3 Billion Healthcare Stake
New York (HedgeCo.net) – Emdeon Inc is to become to become a privately held company after entering into a definitive merger agreement with hedge fund Blackstone Capital Partners VI L.P. Blackstone will acquire a controlling interest in Emdeon in a […]
Hedge fund ethics pushed in US and Asia
GFS News – A London-based standards body for the hedge funds industry is launching a campaign to sign up more US and Asian hedge funds to its ethical code of conduct. The Hedge Fund Standards Board, which was set up […]
Australian stockmarket capitulates as hedge funds dump bank stocks
WSJ – The Australian sharemarket dived to a 13-month low in volatile trading today despite Wall Street’s rise on hopes of further monetary stimulus measures by the US Federal Reserve. Offshore hedge funds were heavy sellers of Australian banks, while […]
Fortress earnings drop, but dividend reinstated
Reuters – Fortress Investment Group LLC, one of the few publicly traded hedge fund and private equity companies, posted weaker-than-expected second-quarter results. The company also reinstated its dividend after three years without one and said it had changed the pay […]
MKP Opportunity Fund Gained 1.8% In July
Dow Jones – Hedge-fund manager MKP Capital Management, LLC’s global macro fund rose a net 1.8% in July, bringing year-to-date gains to 4.62%, according to a person familiar with the matter. While the final tally for the hedge-fund industry is […]
India hedge funds see mild negative outflow
CNBC – Taking cues from the plunging US market, the Indian market opened on a weak note on Friday. Experts feel that the domestic market is likely to remain less volatile even if the US market breaks down further. However, hedge […]
Rubicon Takes Own Hedge Fund Managers to Court
New York (HedgeCo.net) – London hedge fund Rubicon Fund Management LLP have issued legal proceedings against two of its former fund managers, Santiago Alarco and Tim Attias. Also included in the legal action is Catherine Cripps, who was an Investment […]
Hedge Fund Project LightSquared Teams Up With PowerNet Global
New York (HedgeCo.net) – Hedge fund manager, Philip Falcone’s wireless broadband and satellite network, LightSquared, and PowerNet Global, a US provider of telecommunications services, today announced that they have entered into a multi-year wholesale agreement. “We are very pleased to provide […]