Yearly Archives: 2005
Choice focuses on hedge funds
Rocky Mountain News – Denver money manager Patrick Adams is bailing from the mutual fund business, concentrating on the fast-growing hedge fund sector. Adams, who started Choice Investment Management in 1999, said he shuttered his Choice Focus fund and is […]
Use of hedge funds by wealthy is seen growing
Hedge funds and other alternative investments are an important tool for wealthy investors provided there is sufficient due diligence over the money managers, chief investment officer Leo Grohowski ofUnited States Trust Corp. said on Monday. Some of the biggest U.S. […]
US parent bids for Sears Canada
Sears Holdings Corp. has bid $834.5-million to take Sears Canada Inc. private, a move some analysts say positions it to eventually scoop up rival Hudson’s Bay Co. and merge the two department store companies. Sears Holdings, controlled by U.S. hedge […]
Amber Capital Signs Gravitas Technology
Business Wire — Gravitas Technology, Inc., a leading IT services firm specializing in the alternative investment community (hedge funds & private equity funds), today announced the signing of IT services for Amber Capital, the investment advisory company responsible for managing […]
Prosperity offering limits investors to US$15m
CHINAdaily – Hong Kong tycoon Li Ka-shing’s Prosperity real estate investment trust (REIT) will limit institutional investors to individual stakes of US$15 million because of strong demand, a marketsource said yesterday, ahead of an initial public offering (IPO) that aims […]
Dow Jones Indexes Launches Dow Jones EPAC Select Dividend, Dow Jones Canada Select Dividend Indexes
NEW YORK (Dec. 5, 2005) Dow Jones Indexes, a leading global index provider, today announced the launch of the Dow Jones EPAC Select Dividend Index, which tracks the top 100 yielding stocks in Europe, Pacific, Asia and Canada, and the […]
Horizon Names Michael O’Phelan Senior Director Of Sales
CHICAGO, December 5, 2005 – Horizon Cash Management LLC, a leading cashmanager to alternative asset investment funds, today announced thatMichael O’Phelan has been appointed as Senior Director of Sales, a newlycreated position. Mr. O’Phelan, 40, will oversee sales efforts globally […]
Private investors crowded out as hedge funds grow
ZURICH (Reuters) – The world’s super-rich will soon become marginal financiers in the hedge fund industry as the business they invented is increasingly dominated by large institutional investors, fund managers say. Billionaires and other individuals rich enough to spend most […]
Billionaire to pay $30 million hedge fund settlement
Reclusive billionaire Izzy Englander agreed to fork out $30 million of his own fortune yesterday as part of a monster settlement of fraud charges against his Wall Street hedge fund. Englander, 57, who shuns public events and avoids being photographed, […]
Cuban pulls bet on hedge fund
Dallas Mavericks owner Mark Cuban has decided not to open a hedge fund that bets on sporting events after all. “Some other people took the idea and ran with,” he said in an e-mail. “That was fine by me because […]
HEDGE FUNDS BET ON GOLD – Free Market News Network
With gold topping $500 per ounce, a number of hedge funds are increasing their bets that the rise in gold prices will continue, according to Reuters. The reason for their optimism on the metal is based largely on fundamental changes […]
Hedge Funds bet on Gold
With gold topping $500 per ounce, a number of hedge funds are increasing their bets that the rise in gold prices will continue, according to Reuters. The reason for their optimism on the metal is based largely on fundamental changes […]
