Author Archives: Editor
Hedge fund buys up thousands of homes in central Florida
The country’s largest private real estate owner, Blackstone Group, is pouring millions of dollars into the central Florida real estate market. Some are concerned the company is squeezing out the average home owner and turning too many single family homes […]
CalPERS asks Milken crowd for hedge fund resumes
Pensions & Investments – CalPERS continues to build out its hedge fund capability and seeks four additional investment professionals to join its six-person team, said Edigio “Ed” Robertiello, senior portfolio manager, absolute-return strategies, for the $258.3 billion fund. In fact, […]
Hedge Fund Investments: Indiana Public Retirement System Invests $365M
New York (HedgeCo.Net) – The Indiana Public Retirement System has decided to invest $365 million in new absolute-return hedge fund investments. PIOnline reports: “The $27.1 billion pension fund made since March 1, according to an investment report presented at […]
Hedge Fund Founder Launches Pro-Marriage Equality PAC
New York (HedgeCo.Net) – A conservative political action committee is trying to convince more republicans to support gay marriage. “American Unity PAC launched last year with an initial $1 million donation from hedge fund manager Paul Singer. The Super PAC’s mission is to […]
Meet with HedgeCo at SALT 2013 in Vegas
New York (HedgeCo.Net) – Evan Rapoport, CEO and Aaron Wormus, CTO will be attending SALT in Las Vegas between the 7th and 10th of May. We look forward to meeting with as many of our members and friends within the […]
Indian hedge funds dare where foreign investors fear
Reuters – Indian hedge fund manager Kalpesh Kinariwala is so sure of his equity strategies in a country that has stumped foreign rivals that he sends a daily e-mail tracker of his performance – including to competitors. Kinariwala’s Capveda Capital […]
Chris Hansen’s hedge fund posts second consecutive quarterly loss
Seattle Times – Chris Hansen has another problem besides the NBA owners and league commissioner David Stern: The hedge fund that positioned him to lead a bid for the Sacramento Kings has lost money for the second consecutive quarter while […]
Charity shelves opulent London hedge fund gala dinner
Reuters – A lavish gala dinner that was a highlight of the London hedge fund industry’s social calendar and counted royalty among its guests has been quietly shelved. The ARK Gala Dinner, which started in 2002, cost as much as […]
France back in hedge funds’ sights as economy stutters
Reuters – Hedge funds are restoring bets that French bond prices will fall, speculating the country’s gamble on increasing public spending to boost economic growth will fail. Funds have already been burnt on the trade. Last year, the European Central […]
Hong Kong-based Richland to shut hedge funds in surprise move
Reuters – Hong Kong-based Richland Capital Management Ltd is shutting down its hedge fund operation, Chief Investment Officer Alex Au told Reuters on Tuesday, a major blow to an industry struggling to raise assets and turn a profit for investors […]
Hedge Fund People: Louise Keeling Joins RWC
New York (HedgeCo.Net) – Louise Keeling will be joining REC to establish a Global Equity Team. Keeling was a portfolio manager for six years on the Global Equity team at hedge fund Marathon Asset Management in London. Keeling will employ […]
Hedge Fund Assets Surge by $122 Billion to $2.375 Trillion
New York (HedgeCo.Net) – Total capital invested in the global hedge fund industry expanded during the first quarter at the fastest rate since 2010 as global financial institutions positioned for both growth and volatility across fixed income, equities, currencies and […]