Monthly Archives: April 2011
Steve Cohen bidding for minority stake in New York Mets: report
Bloomberg – Billionaire hedge-fund manager Steven Cohen is bidding for a minority stake in the New York Mets baseball team as it tries to raise about $200 million to cover losses and pay down debt, the Wall Street Journal reported, […]
Hedge Fund Launch: Bandon Isolated Alpha Fixed Income Fund
New York (HedgeCo.net) – Portland, Oregon-based investment management firm Bandon Capital Management LLC., has launched the Bandon Isolated Alpha Fixed Income Fund (BANIX), a global absolute return-oriented fixed income strategy hedge fund. “When we listen to investors we hear two […]
The hedge fund heavyweight who has markets in his thrall
Evening Standard – He may look like a jolly country gent (passions include fishing and shooting) but Crispin Odey has the markets constantly in his thrall. He is known for taking daring, often counter-intuitive, positions. And he has paid himself […]
Elliott Proposes 100-Day Plan For Iron Mountain
Dow Jones – Hedge fund manager Elliott Management Corp. said Monday it has proposed a 100-day plan for Iron Mountain Inc., in its latest bid to turn the data-storage company into a real estate investment trust. In a 15-page slide […]
Will Hedge Fund Registration Overwhelm the SEC?
CNBC – Looks like another deadline of the Dodd-Frank Bill will come and go. This one is the much talked about July 21 hedge fund registration deadline. SEC Associate Director Robert Plaze recently sent a letter to the President of […]
SEC Anticipates Delay Period for Adviser Registration Changes
New York (HedgeCo.net) – The Securities and Exchange Commission seems likely to allow additional time for investment advisers to make registration changes required by the Dodd-Frank Act, according to an April 8 letter from Robert Plaze, Associate Director of the […]
Survey: 65% Of Investors Are In A Maze When It Comes To Hedge Funds
New York (HedgeCo.net) – A recent survey conducted by Thesis Fund Management, a New York based registered investment advisor and manager of The Flexible Fund, revealed many Americans are in the dark when it comes to hedge funds. When asked if […]
National Express rebel wins support of second-largest shareholder
Guardian – The US activist investor seeking a boardroom shakeup at National Express has claimed the support of the public transport group’s second largest shareholder, the Cosmen family. The surprise announcement comes only a week after National Express implied that it had […]
SEC not ready to throw the switch
Investment News – Investment advisers who have between $25 million and $100 million in assets under management probably will have until 2012 to switch their registration from the Securities and Exchange Commission to their states. The deadline for the transition […]
Upheavals in Africa threaten oil exports
The National – The Nigerian unrest is not expected to escalate into full-blown armed conflict, as in Ivory Coast, but is still of greater and more immediate concern to oil markets. Nigeria is not only the biggest African oil exporter, […]
Hedge fund bullish oil bets hit four-week high
CT Post – Hedge funds raised bets on higher crude prices to a four-week high as increased airstrikes in Libya raised concerns about production after the country’s conflict ends and the dollar weakened against the euro. Funds and other large speculators […]