Yearly Archives: 2005
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 […]
UBS appoints Inichien to its Global Asset Management
WEST PALM BEACH, FL (www.hedgeco.net) – UBS Asset Management has appointed Alexander Inichien to its Global Asset Management and Qualitative Investments division in a senior research capacity. Thenew appointment takes effect on October 1st 2005 according to released information. Mr. […]
Citigroup selects Nolte as new CEO of its Hedge Fund of Funds
WEST PALM BEACH, FL (www.hedgeco.net) – Citigroup Asset Management has selected Raymond Nolte as chief executive officer of its hedge fund of funds Group. The 44 year-old Nolte previously worked aspart of the management of Deutsche Bank, his career at […]
