Author Archives: Editor
Update: Hedge Fund Mergers: Quest Partners With Revere Capital Advisors
New York (HedgeCo.net) – Revere Capital Advisors LLC has partnered with Quest Partners LLC, an established New York based CTA. Revere, a New York and London based hedge fund firm, said the partnership reflects its ongoing commitment to source the […]
Prosecutor: No evidence Moodys schemed with Nadel
Herald Tribune – The latest salvo from U.S. attorneys comes in response to a claim by Nadel’s federal defenders that his hedge-fund partners, Neil and Christopher Moody, were key to setting up and attracting investors to the Sarasota-based funds. While […]
Och-Ziff Wins Lawsuit Against London Firm OCH Over Name Use
Bloomberg – Och-Ziff Capital Management Group, the hedge-fund firm run by Daniel Och, won a lawsuit against a London investment adviser and its founder to block the use of the Och name. OCH Capital LLP and Thomas Ochocki infringed the […]
Lasry’s Avenue Capital Group to Raise Fund to Invest in High-Yield Debt
Bloomberg – Avenue Capital Group, the hedge fund run by Marc Lasry, plans to raise a fund to buy different types of credit by selling shares to the public, a first for the firm. The firm has hired Randy Takian from Morgan […]
Hedge Fund Fumble
Forbes – Three years ago Randy Lerner, the billionaire owner of the Cleveland Browns football team, invested $40 million in a new hedge fund based in New York. Lerner thought it was the right call. His investment, he later claimed, […]
N.Y. hedge fund exec financed DeFazio hit ads
News Review – A New York hedge fund executive is behind the television ads aimed at defeating U.S. Rep. Peter DeFazio. The ads delighted Robinson, infuriated DeFazio and brought national attention to the race and the fallout from a U.S. […]
EU designs hedge fund regulations
Karachi News – The EU finance ministers have tentatively agreed to rulings on European hedge funds. The rulings will involve the previously unregulated hedge funds as well as other alternative investment firms. EU officials have been trying to determine ways […]
Hedge Fund Deals Mean Work for Am Law Firms
Am Law Daily – Five firms have landed roles on a pair of hedge fund transactions announced on Wednesday. Davis Polk & Wardwell M&A partners Louis Goldberg and Michael Davis are leading a team from the firm that is advising […]
Hedge Funds Short Plaza Accord Deal With China: William Pesek
Bloomberg – Of all the things Timothy Geithner expected when becoming U.S. Treasury secretary, examining a periodic table probably wasn’t one of them. Obsessing over the chemical elements is exactly what Geithner and his staff will be doing in the months […]
Deloitte’s Asset Management Services Launches Hedge Fund Emerging Manager Platform
Press Release – Deloitte announced today its asset management services practice has launched a global full-service hedge fund emerging manager platform offering a unique mix of traditional and non-traditional professional services across audit, tax, financial advisory and consulting. The program […]