Author Archives: Editor
Hedge fund to lose most of $80M Loehmann’s investment
NYP – Hedge fund Whippoorwill Associates is about to get a discount it does not want from Loehmann’s, the bankrupt Bronx retailer. Most of the $80 million Whippoorwill invested in the off-price chain will be lost, a sources close to […]
Throgmorton UK Appoints New Business Development Director
Throgmorton, one of the UK’s largest specialist accountancy and back office service providers, has announced the hire of Denis Jackson as the firm’s Business Development Director to lead the company’s drive into new markets. The appointment comes as Throgmorton continues […]
Hedge fund managers crossing their fingers for volatility
Pensions & Investments – Far from fearing volatility, hedge fund managers are looking forward to a rockier investment climate this year, one that will allow them to do what they do best: make money on both the long and short […]
Hedge Fund Agecroft Predicts 10 Industry Trends for 2014
Agecroft’s predictions for 2014: 1. Continued strong positive flows into the hedge fund industry driven by large institutional investors. 2014 should see the hedge fund industry reach a new all-time peak in assets as institutional investors continue to shift money […]
Winklevoss Twins Backing New Hedge Fund
WSJ – Cameron and Tyler Winklevoss, the 32-year-old brothers famous for their legal tangle with Mark Zuckerberg and Facebook Inc. are backing a new hedge fund run by fellow Harvard College graduate Aalap Mahadevia, according to people with direct knowledge of the plans. The fund, […]
Sackler family makes $100M bet on low hedge fund fees
CNBC – The promise of fast-growing alternative mutual funds is a hedge fund investor’s dream: high returns and loss protection without paying exorbitantly high fees, locking up capital for a year or more, and barely understanding what the manager is buying […]
Billionaire Dan Och’s Hedge Fund Firm Is Doing Great As His Funds Trail The Market
Forbes – For billionaire Daniel Och’s hedge fund firm, Och-Ziff Capital Management, 2013 was a pretty good year. The publicly-traded hedge fund firm saw its assets under management balloon to $40.6 billion from $31.9 billion a year ago. Helped by rich performance […]
Hedge Funds Up $225 Billion In 2013, Record Year For FoHFs
New York (HedgeCo.Net) – Hedge fund managers were up 2.53% in the first half and 5.36% in the second half of the year, according to today’s Eurekahedge update. Funds of hedge funds had their best year relative to the hedge […]
A Few Brave Investors Scored Huge, Market-Beating Wins
WSJ – A trader who made more than $100 million from a $10 million bet against gold. A hedge fund that gained 42% after a bullish wager on stocks. A firm that saw returns of 48% thanks in part to […]
After $25 million loss, MBTA retirement fund must open its records, meetings
Boston Globe (Editorial) – The MBTA Retirement Fund does not hold public meetings or publish minutes, and it’s fighting a law the governor signed last summer to make its records public. This is a staggering show of arrogance, as the […]
Hedge Fund Hotspot: Malta Nearing $14 Billion
New York (HedgeCo.Net) – The financial services industry in Malta is nearing a €10 billion ($14.6 billion) milestone. It currently has €9.79 billion in net asset value spread across 620 hedge funds, 133 fiduciary licences, 28 international banks, 66 insurance operators, […]