Author Archives: Editor
Regulation 28 to boost hedge funds
Business Report – The recently announced changes to Regulation 28 of the Pension Funds Act, which are effective from July 1 this year, could result in an eight times surge in assets under management in the hedge fund space. Anton […]
Early View: Hedge Funds Posted Positive Performance in March
New York (HedgeCo.net) – Returns for the Credit Suisse LAB Liquid Indices suggest that hedge funds experienced positive performance in March according to Jordan Drachman, Head of Research for Alternative Beta Strategies at Credit Suisse. “The Credit Suisse Liquid Alternative […]
CalSTRS Invests $300M In Trian
emii – The California State Teachers’ Retirement System (CalSTRS) has awarded a new mandate, Pensions & Investments reports. The retirement system has appointed activist hedge fund, Trian Fund Management. The firm, which is run by Nelson Peltz, will manage a […]
Hedge Fund Guru Joe DiMenna, Wife Fund Rehearsal Space, Jazz, Robin Hood
Bloomberg – When hedge-fund manager Joe DiMenna was looking for a symphony to support more than a decade ago, the Orchestra of St. Luke’s in New York caught his ear. Founded in 1975 at Manhattan’s Church of St. Luke in […]
Elliott piles pressure on UK targets
City AM – Activist hedge fund Elliott Advisors has stepped up its assault on two UK companies after garnering the support of extra shareholders. At National Express, where it has built up a 17 per cent stake and called for […]
Paulson, at $4.9 billion, tops hedge fund earner list
Reuters – The richest 25 hedge fund managers made a bit less money last year. But don’t cry too hard. Collectively, this privileged class of traders did quite well for itself — raking in some $22 billion in compensation, according […]
RAB Capital debuts mining and gold funds
Reuters – RAB Capital is to launch two new investor-friendly hedge funds with $100 million of seed capital, as the hedge fund firm battles to recover clients it lost during the credit crisis. The two new “Ucits” funds — Europe-based […]
Hedge Fund Launch: Equity Partners Fund
A private investment group has been launched to seek direct and indirect investment opportunities in non-listed and publicly traded international securities. Cayman Islands based Equity Partners Fund SPC has established both a segregated portfolio company and has several portfolio companies […]
Medley Capital Acquires Hedge Fund Manager Viathon
New York (HedgeCo.net) – NY-based Medley Capital LLC has announced the acquisition of credit hedge fund manager Viathon Capital LP and all its related entities. “This transaction combines the analytical and credit strengths of the two organizations.” Brook Taube, Managing […]
Top 25 Hedge Fund Managers Take in $22 Billion in 2010
CityBizList – After seeing his record 2007 payday shattered by David Tepper in 2009, John Paulson has reclaimed the title of highest-paid hedge fund manager. The Paulson & Co. chief earned a whopping $4.9 billion in 2010, according to AR magazine’s […]
New UCITS Hedge Fund Launch
New York (HedgeCo.net) – The Act II Specialist Equities fund, an innovative fund of the Act II SICAV, has been launched, with daily liquidity that will precisely follow the investment strategy of the Cayman based Act II Capital Fund and […]