Monthly Archives: September 2009

City hedge fund exodus begins

Times Online – Brevan Howard, the UK’s largest hedge fund, is planning to open an office in Switzerland, perhaps signalling the beginning of a mass exodus by financial groups from London. The hedge fund, which has assets under management of […]

SF says Lisbon is bad deal for Ireland

Belfast Telegraph – Finance Minister Brian Lenihan is asking Libertas leader Declan Ganley to confirm that his financial backers are not betting against Ireland on the international markets. Reports over the weekend named a hedge fund as being one of […]

‘Insights for Investors’ Conference Draws Hedge Fund Managers

New York (HedgeCo.net) – The GlobeOp seminar drew a capacity audience of hedge fund investors and managers, representing approximately $260 billion in assets under management, in New York City over the weekend. Speakers representing Lighthouse Investment Partners, Lyxor Asset Management, […]

Twitter lures in an unusual backer

Total Telecom – Twitter Inc., the latest Silicon Valley start-up to stir up investor excitement based on lofty expectations and an unformed business model, has a new backer that’s been a relative stranger to venture capital in recent years: T. […]

Hedge funds: If you can’t beat ’em …

TheDeal.com – Since increased regulation for hedge funds and private equity managers is essentially inevitable, several organizations, including the Managed Fund Association and the Alternative Investment Management Association, have stopped trying to stymie legislation, but they have instead saddled up […]

The Dow Zero Insurgency

New York Magazine – Only a few loyal readers paid attention to the blog called Zero Hedge, a no-frills site full of arcane analysis decipherable only by finance professionals. But when a former Goldman Sachs computer programmer was arrested for […]

‘Black Swan’ Author Taleb Asks Why Bernanke Kept Post

Bloomberg – Nassim Taleb, author of “The Black Swan,” questioned why Federal Reserve Chairman Ben S. Bernanke, and Treasury Secretary Tim Geithner kept their posts after failing to foresee the collapse in global credit markets. Bernanke was appointed to a […]

Hedge funds and private equity groups fear the Tories will not fight new European legislation on disclosure

TimesOnline – Hedge funds and private equity groups are deeply anxious that a wave of proposed European legislation on disclosure could push them out of business, with little resistance from the Tories. Hedge funds and private equity firms are desperate […]

Wall Street money rains on Chuck Schumer

Politico – Schumer, No. 3 in the Senate Democratic leadership and the former chairman of the Democratic Senatorial Campaign Committee, has offered scads of proposals that the industry doesn’t like on issues from corporate governance to derivatives to the creation […]

Brevan Howard Says Unit May Open Switzerland Office

Bloomberg – Brevan Howard Asset Management LLP, Europe’s largest hedge-fund manager, said the parent of its offshore unit may open an office in Switzerland. “The parent company of Brevan Howard’s offshore group continually evaluates global business opportunities and is currently […]

Hedge fund CEO dies in fall off escalator

Atlantic City police are investigating how a hedge fund executive fell to his death from an escalator. Police were called to the mall, which is connected to the casino by a sky bridge, at 12:01 a.m. Sunday. Vellanti lived in […]

Pallotta to invest $10 million in new fund

Market Watch – James Pallotta, who shut down his Raptor Global funds this year, plans to back a new hedge fund that’s scheduled to launch in early 2010. Boston-based Northern Pines Capital will be run by Patrick Dunn and Dan […]