Yearly Archives: 2005
HFR Broadens Its Portfolio Offer With Launch Of Specialist Asian Market Fund In Partnership With Oria Capital
London and Hong Kong – 7th November 2005: HFR Asset Management (“HFR”)and Oria Capital (“Oria”) have joined forces to launch a principleprotected fund of funds that will provide the stability of investing inthe HFRX Global Index with the more aggressive […]
Business Briefs: More cash flowing to hedge funds
Hedge funds received a net $12.7 billion from investors in the third quarter, an increase of 9.5 percent from the previous three months, as investment returns improved, according to Tremont Capital Management Inc. “Third-quarter performance was up about 5.9 percent, […]
Hedge fund buys stake in Reynolds
A San Francisco-based hedge fund has been steadily buying Reynolds and Reynolds Co. stock and is now the largest shareholder, according to a recent U.S. Securities and Exchange Commission filing. ValueAct Capital Partners LP, which has a reputation for buying […]
Bears Have Their Day
Short sellers are having one of their rare days in the sun. These professional contrarians, who bet that stocks will fall in price, are among the best-performing hedge fund managers this year. Short sellers have fared particularly well in recent […]
Independent Directors In Demand For Cayman Hedge Funds
Independent directors are finding themselves increasingly in demand from hedge funds whose growing list of institutional clients require a greater degree of assurance that their investment is protected, a trend particularly prevalent in the Cayman Islands where the majority of […]
Storebrand establishes four hedge funds in Luxembourg – Forbes
LONDON (AFX) – Storebrand Investments said it established four hedge funds in Luxembourg aimed at the institutional market during the third quarter. The four long/short equity funds are in addition to the firm’s active credit, tactical asset allocation and global […]
Hedge fund talking with Spitzer, SEC over $100M pact: WSJ
SAN FRANCISCO (MarketWatch) – Millennium Partners LP, a $5 billion hedge-fund firm run by Israel Englander, is in talks with New York Attorney General Eliot Spitzer and the Securities and Exchange Commission about settling securities-fraud charges, the Wall Street Journal […]
Hedge Fund Ends Its Fight For Kaman
The battle for control of Bloomfield-based Kaman Corp. has ended, and for the first time in 50 years all shareholders will have a voice in how the company is run. A hedge fund that filed suit against Kaman to block […]
Don’t push Portus into bankruptcy, co-founder pleads
JERUSALEM — Boaz Manor, co-founder of collapsed investment company Portus Alternative Asset Management Ltd., has pleaded through his lawyer to receiver KPMG Inc. to reconsider moves towards placing the company into bankruptcy. In the first communication from Mr. Manor’s Tel […]
MFA Submits Comments to U.K. Financial Services Authority
WASHINGTON, D.C., November 3, 2005 — Managed Funds Association (MFA) submitted a comment letter to the U.K. Financial Services Authority (FSA) in response to its request for comments on Discussion Paper 05/4: “Hedge Funds: A discussion of risk and regulatory […]
Convergent Management Ltd. Unveils New Private Equity Fund
WEST PALM BEACH, FL (www.hedgeco.net) – Convergent Management, Ltd. has launched its first private equity fund, the Convergent Private Equity Fund I, Ltd. The Fund’s primary investment objective is to identify and invest in companies that Convergent Management, Ltd., the […]
PAAMCO says checks can reveal hedge fund problems – Reuters.uk
LONDON (Reuters) – Fraud allegations against U.S.-based Bayou and Wood River have scared some investors away from hedge funds, but Pacific Alternative Asset Management Company (PAAMCO) saysbackground and operational checks should highlight any problems. “Conflict of interest is a main […]
