Monthly Archives: August 2005
Hedge Funds boost stakes in Commerzbank
WEST PALM BEACH, FL (www.hedgeco.net) – More hedge funds are buying into Commerzbank according to Reuters reports. Toscafund and Lansdowne Partners, both U.K. based hedge fund managers, haveaggressively acquired shared of Commerzbank. Both banks declined to give comments about their […]
Campbell & Company Announces Retirement of EVP, Doug York
Towson, MD, August 23, 2005 � Campbell & Company today announced that Doug York, executive vice president and head trader, plans to retire from the firm, effective August 31, 2005. Bruce Cleland,president, made the announcement and said that Michael Harris, […]
York Capital Hedge Fund seeks stake in PanAmerican Bancorp
WEST PALM BEACH, FL (www.hedgeco.net) – York Capital Management Hedge Fund is seeking a 25 percent stake in PanAmerican Bancorp, according to Banking and Finance reports. The fund is seeking approvalfrom industry regulators to purchase a 25 percent stake in […]
Hedge Fund Manager to press ahead with its $2 billion offer to acquire Acxiom Corp
WEST PALM BEACH, FL (www.hedgeco.net) – ValueAct Capital has said it plans to continue with its bid to acquire Acxiom Corp, according to Reuter�s news. ValueAct owns about 11 percent stake of AcxiomCorp, a services provider firm based in Little […]
Christopher S. Fox to Join Ivory Capital
Greenwich, CT. � FrontPoint Partners LLC, the $5.7 billion Greenwich-based investment management firm, today announced that Christopher S. Fox will join Ivory Capital Group, LLC (�Ivory�) effectiveJanuary 1, 2006. Mr. Fox and Ivory founder Curtis Macnguyen will assume the newly […]
State Hedge Fund group launches Connecticut Hedge Fund Association
WEST PALM BEACH, FL (www.hedgeco.net) -The Fairfield County of Connecticut has formed the Connecticut Hedge Fund Association, according to published reports. The association was launched with acocktail party at the Indian Harbor Yacht Club in Greenwich. Several hedge fund industry […]
Record number of new Hedge Funds launched in Cayman Islands
WEST PALM BEACH, FL (www.hedgeco.net) – A record number of new hedge funds were created during the first half of 2005, according to Busnesswire reports. Despite the global slowdown in hedge fundreturns during the first half of 2005, there was […]
Hedge Fund Industry assets shrunk in 2nd Quarter
WEST PALM BEACH, FL (www.hedgeco.net) – Assets managed by the global hedge fund industry shrunk in the second quarter according to reports by Reuters. At the end of the second quarter in June 2005,the total level of assets managed by […]
Cazenove European Equity Absolute Return Fund wil soft close at the end of October
The Cazenove European Equity Absolute Return Fund, managed by Chris Rice and Steve Cordell has now reached �110m, post dealing on 1st August 2005. Having doubled assets over the past 6 months, theintention is to �soft� close the Fund to […]
Armajaro Commodities Fund to re-open October 2005
Armajaro Asset Management LLP is pleased to announce that the Armajaro Commodities Fund Limited will be re-opened to new investors with effect from 3 October 2005. The Fund had soft closed in March2005 with assets under management in excess of […]
Hedge Funds to woo new investors through performance reporting
WEST PALM BEACH, FL (www.hedgeco.net) – Hedge funds have increasingly reported their performance data in a bid to woo new hedge fund investors. Dow Jones reports that, Hedge Fund Research, theChicago based industry tracker recently said it now compiles performance […]
NASDAQ to probe the sale of Hedge Funds
WEST PALM BEACH, FL (www.hedgeco.net) – The National Association of Securities Dealers said yesterday that it is probing the sales of hedge funds to investors, according to Dow Jones News. BarryGoldsmith told Dow Jones, �The marketing and sales of hedge […]