Monthly Archives: August 2006
Hedge Funds Go Hollywood
Hedge funds have gone Hollywood. Chasing high returns, money managers are plunking down hundreds of millions of dollars to finance films like “Superman Returns” and “Nanny McPhee.” For entertainment lawyers, it’s an opportunity to shine in new supporting roles. The […]
Tired? Poor? Forget It. Send Us Your Capital!
IN THREE AND A HALF DECADES, the U.S. dollar has gone from being anchored by gold to being underwritten by hedge funds. Think about that for a moment. Until Aug. 15, 1971, America said its currency was worth something — […]
Regulate Hedge Funds? Nope, Just the Investors.
A decade ago, derivatives trading was the hot new thing, and people began to worry about the harm it might cause to investors and the health of the financial system. It wasn’t long before someone proposed regulating the newfangled financial […]
Credit Suisse/Tremont Hedge Fund Index Is Up 0.29% in July
NEW YORK, NY, August 15, 2006 — The Credit Suisse/Tremont Hedge Fund Index is up 0.29% in July, according to Oliver Schupp, President of the Credit Suisse/TremontHedge Fund Index. “The intensifying Middle East conflict, demand in China and concerns about […]
Implications of MiFID for hedge fund managers
The Markets in Financial Instruments Directive (MiFID), due to be effective across the EU/EEA from 1 November 2007, will have significant implications for all asset managers including hedge fund managers located in the EU/EEA. As part of the European Commission’s […]
European investors fled from funds in June
LONDON (Reuters) – European investors pulled a record 24 billion euros (16 billion pounds) from funds in June as they took fright from a fall in equities a month earlier, though British investors reacted more calmly, according to a report […]
Hedge Funds, Buyout Firms Favor Democrats With Campaign Money
Aug. 14 (Bloomberg) — Democrats are collecting more than two-thirds of the campaign donations from employees of the biggest hedge funds and buyout firms, as the party taps into one of Wall Street’s fastest-growing sources of wealth. Of the $7.4 […]
Hedge funds see shift away from equity strategies
Hedge funds pursuing multi-asset class and fixed income-related trading strategies are an increasingly important segment of the industry, according to a new report from m.a.partners, an independent management consultancy. Richard Spencer, partner at m.a.partners, expects these two categories to account […]
Paul Capital Top Tier Investments (PCTTI) Appoints Lisa Edgar as a Managing Director of the Firm
SAN FRANCISCO, CALIFORNIA (August 14, 2006) – Paul Capital Top Tier Investments, LLC (“PCTTIâ€Â) today announced the appointment of Lisa Edgar as a Managing Director of the firm. Ms. Edgar’s appointment reflects the high degree that her professionalism, dedication and […]
Ritchie Capital Finance Provides $8 Million in Financing to AccessLine Communication
Chicago, Illinoisâ€â€August 14, 2006â€â€Ritchie Technology & Life Science Finance, a division of Ritchie Capital Finance, announced that it has recently closed $8 million in debt financing toAccessLine Communications Corporation, a Seattle, Washington-based firm that provides an array of hosted VoIP […]
LRG Capital hires GE Veteran
Larkspur, CA, August 14, 2006 – LRG Capital Group LLC, a global merchant bank that invests in and provides advisory services to small and mid-cap public companies, today announced that Paul Enderlehas joined the firm as Managing Director. Mr. Enderle, […]
Top hedge fund looks to expand traditional business
One of the world’s biggest hedge funds is making a big push into traditional asset management to diversify its customer base – part of a growing trend towards the convergence of hedge funds with traditional money management. DE Shaw is […]