Author Archives: Editor
Hedge Funds’ Long-Awaited Deal Feast
WSJ – Like a watched pot that never boils, hedge-fund consolidation has been a long time coming. But for anxious hedgies, the wait may soon be over. A tide of recent deals has seen alternative managers, including U.S.-listed GLG Partners […]
`Must Have’ Hedge Funds Attract Fifth of New Cash for Och, O’Shea, Singer
Bloomberg – Och-Ziff Capital Management Group LLC, Elliott Management Corp. and Comac Capital LLP pulled in almost a fifth of the money going into the $1.7 trillion hedge- fund industry this year, showing how selective the richest investors have become […]
UK’s Bluecrest to shut $630 mln Ucits hedge fund
Reuters – Bluecrest Capital, one of Europe’s biggest hedge fund companies, said on Wednesday it would close a $630 million EU-regulated fund, dealing a blow to the recent boom in onshore hedge fund portfolios. The company will close the Bluetrend […]
China’s hedge fund industry offers strong potential, but regulatory conditions make development slow
Opalesque – The hedge fund industry in mainland China has come a long way and is discarding its image as a grey market. But while regulatory conditions have somewhat improved to allow foreign and new players to come in, the communist […]
Warren Buffett Emphasizes Investment Risk Management With Successor Pick Todd Combs
Money Morning – Warren Buffett’s announcement Monday that a little-known hedge fund manager, Todd Combs, will help oversee his $100 billion investment portfolio at Berkshire Hathaway Inc. surprised investors and highlighted Buffett’s emphasis on risk management for investment success. Adding […]
Man Group to cut as many as 200 jobs
Reuters – British hedge fund firm Man Group Plc is planning to cut as many as 200 jobs over the next six months, the Wall Street Journal said, citing a person familiar with the matter. The job cuts, which include […]
EU agrees ‘imperfect’ deal to regulate hedge funds
EurActiv – EU legislators breathed a sigh of relief yesterday (26 October) as they closed year-long talks on regulating hedge funds and private equity, ending up with a deal which both politicians and industry have dubbed imperfect. Officials representing all […]
Hedge fund Tiger Asia gets SEC subpoena
Reuters – Tiger Asia Management LLC has received a subpoena from the U.S. securities regulator following allegations of insider dealing in Hong Kong, news agency Bloomberg cited a letter by the fund as saying. Tiger Asia, which got started with […]
Hedge Fund Fraud Alleged in Connecticut
Courthouse New Services – Hedge fund manager Stephen Hicks used his two unregistered hedge fund advisory companies to defraud investors “in three different ways,” after taking millions of dollars from them, the SEC says. The agency sued Hicks, 52, of […]