Author Archives: Editor
Hedge Funds Squeezed in Mayfair as Offices Become Luxury Homes
Bloomberg – Landlords in Mayfair and St. James’s, two of London’s most expensive neighborhoods, are exploiting a shrinking supply of new or refurbished office space to charge hedge funds and financial firms the highest rents in three years. Offices are […]
Luke Ellis – the ex-farmer now growing hedge funds
Telegraph – Ferraris, Dom Perignon and the Cote d’Azur are the typical trappings of millionaire hedge fund managers. As a rule, pigs don’t get much of a look in. But Luke Ellis, the man many are tipping to be Man […]
Hedge fund firm losing pulling power
Reuters – Celebrity financier Arpad Busson has been mulling a sale of EIM, the hedge fund investor he founded in the 1990s, for several months but buyers with pockets as big as the firm’s glossy profile may prove hard to […]
Hedge Fund Third Party Marketing Industry Is Seeing Strong Growth in Demand
New York (HedgeCo.net) – After a tumultuous three years the hedge fund Third Party Marketing (TPM) industry is seeing very strong growth in demand from both hedge funds and investors, although this growth is not shared evenly across the estimated […]
Hedge Fund Association Asks SEC for Clearer Rules on Vetting Investors
New York (HedgeCo.Net) The Hedge Fund Association, an international organization that represents hedge funds, service providers and investors, said liberalized advertising and solicitations rules contained in the new Jumpstart Our Business Startups (JOBS) Act would help hedge funds raise assets […]
Texas Teachers’ Harris Taking Alternative Investing to New Risks
Bloomberg – After working for almost two decades as a money manager, Britt Harris at age 45 was what most people would consider a success. Bridgewater Associates LP’s Ray Dalio and Bob Prince had just tapped him to be chief […]
Hedge Funds Lose 2.9% in Worst Month Since Sept.
BusinessWeek – Hedge funds fell 2.9 percent in May, their worst month since September, as stocks slumped on concern Greece may exit the euro and the global economy is weakening. The decline was driven by long-short equity, multistrategy and global […]
Burbank Bets On Global Recession With Subprime Conviction
Bloomberg – In the dozen years that John Burbank has run his $3.4 billion Passport Capital hedge fund, he’s never been as negative on global stocks as he is now. Burbank, 48, expects that the U.S. and much of the rest of […]
Och-Ziff’s hedge funds post mild declines in May
MarketWatch – Och Ziff Capital Management Group LLC’s four main hedge funds posted milder declines than the Standard & Poor’s 500 index’s 6.3% drop last month. Among Och-Ziff’s four main funds, OZ Asia Master fell the most, by 2.2%, OZ Europe […]
Hedge funds in longest rout since global recession
Business Standard – Hedge funds curbed bullish bets on commodities for a third consecutive month, the longest retreat since the global recession, as Europe’s worsening debt crisis and slowing US job growth sent prices tumbling. Money managers reduced net-long positions […]
SEC says taking “close look” at #zombie funds
Reuters – U.S. regulators are looking at so-called #zombie funds where money managers continue to get paid from investors even though the fund is essentially inactive, a top Securities and Exchange Commission official said on Sunday. “We are going to […]
Hedge Fund Charity to Honor Warrick Dunn
New York (HedgeCo.net) – Former NFL star running back Warrick Dunn will be honored for his outstanding charitable contributions at A Little Hope’s ‘A Night For Our Children’ 11th annual fundraising gala. A Little Hope is a non-profit, hedge fund […]