Monthly Archives: September 2008
Biden’s Son In Fund Suit
New York Post – Hedge fund executive Hunter Biden has had anything but a quiet introduction to his career in finance. The 38-year-old son of Democratic vice presidential candidate Sen. Joe Biden is caught up in several lawsuits regarding the […]
Cerberus offloads MFI stake to restructuring specialist
Daily Telegraph – Cerberus, the American hedge fund, has sold its stake in Merchant Equity Partners, the owner of the MFI furniture chain, to Hilco and Goldman Sachs. The secretive investment firm was one of the original backers of MEP […]
Artemis snares prize manager ‘Rock Hard’ Ruth Keattch for flagship fund
Daily Telegraph – Ruth Keattch, the star fund manager nicknamed "Rock Hard Ruth", is to make a come-back with a move to Artemis, the activist fund manager with £14bn under management. Mrs Keattch, who earned a fearsome reputation at Deutsche […]
Small payback belies big impact of 2003 mutual-funds
Seattle Times – Five years ago, the mutual- fund world was rocked by the biggest scandal in its 80-year history. Fund companies gave some customers trading privileges that weren’t open to everyone; those special interests — notably some hedge funds […]
The Abbey Capital Macro Fund
Domiciled in Malta, the Abbey Capital Macro Fund will offer access to a group of Global Macro managers with low historic correlations offering diversification across market sectors, time frames and trading styles. The Abbey Capital Macro Fund will invest with […]
FXCM’s Sentiment Aggressive Forex Managed Funds Up Over 25%
West Palm Beach (HedgeCo.Net)- After a successful launch, FXCM’s Sentiment Aggressive Managed Funds are up over 25% in its first two months since inception. Clients had requested a more aggressive and highly leveraged version of FXCM’s popular Sentiment Fund, so […]
Hegde Fund Article Awards
West Palm Beach (HedgeCo.Net)- It was announced today in a press release that Lehman Brothers’ research on the classification of hedge fund investment styles is one of this year’s Martello Award winners for best research article in alternative investments. Lehman […]
Bear returns to public debt market
MSN MoneyCentral-Bear Stearns returned to the public debt market on Thursday with a $2.5bn note sale, indicating that the troubled investment bank does not have any current funding crisis that wouldrequire it to find an outside investor to take a […]
Investors force Absolute Capital to allow redemptions on four funds
ABCmoney.co.UK- AIM-listed hedge fund manager Absolute Capital Management (ACM) has bowed to investor pressure and allowed investors in four funds currently being restructured to redeem up to 30 pct of their investments over the next 12 months. The firm, which […]
Hedge fund, private equity sectors seen at a peak
Reuters- The hedge fund and private equity industries have reached a near-term peak in their cycles after years of rampant growth, speakers at a Reuters Forum said on Thursday. “Private equity and hedge funds both have cycles, and I think […]
Dow Jones and RavenPack Collaborate to Deliver Dow Jones News Analytics
NEW YORK (September 27, 2007)  Dow Jones & Company (NYSE: DJ) today announced the launch of a Dow Jones News Analytics Developer’s Kit, an application programming interface (API) that seamlessly integrates Dow Jones News Analytics’ enriched data directly into […]
Last Atlantis Inks Deal With Former Head Currency Trader At Tudor
ST. THOMAS, USVI – Last Atlantis Capital Management, LLC (St. Thomas, USVI) and Jerry Considine, former head currency trader at Tudor Investment, have partnered to introduce LACM Foreign Exchange, Share Class W within the Last Atlantis Partners Fund. The share […]