Author Archives: Editor
Hedge Fund Mergers & Acquisitions: Man & GLG Partners – $63 Billon.
New York (HedgeCo.net) – GLG Partners, Inc,. has been acquired by by hedge fund giant Man Group plc today, making GLG a wholly owned subsidiary of Man. The goal being to create a multi-style, performance-focused alternative asset manager with funds […]
Crest Nicholson faces another shake-up by debt fund
Telegraph – Last month debt fund specialist Varde swooped on Crest, buying a 30pc equity stake and a quarter of its loans from Lloyds Banking Group in a £150m deal. The hedge fund, which is looking to strengthen its grip […]
How to attend the Value Investing Congress
Reuters – It’s the Value Investing Congress today and tomorrow, I’m not sure whether I’m going to be able to make it at all, but you can be sure that lots of financial journalists will be filing breathless reports about various […]
Richard Plackett steps down as manager on BlackRock UK Smaller Companies
FundStrategy – Richard Plackett has handed the management of his BlackRock UK Smaller Companies fund to Ralph Cox. Cox has been managing the £328m fund alongside Plackett since August 2007. Cox has also worked with him on the BlackRock UK […]
Alternative Investments North America Summit Fall 2010
The forum will take place at Red Rock Casino Resort & Spa, Las Vegas, Nevada, October 14-16, 2010. The meeting will bring together esteemed industry thought leaders and service providers to a highly focused and interactive networking event. The summit includes presentations […]
Hedge-Fund Activists Plot A Comeback
WSJ – The 2008 financial crisis left activist hedge funds with big losses. But the strategy is showing signs it’s in revival mode. Such investors often take big stakes in under-performing, cash-heavy companies. They sometimes push for strategic changes, including […]
SAIL Advisors Fund to Allocate More to Less Liquid Hedge Funds
BusinessWeek – SAIL Advisors Ltd., backed by Duty Free Shoppers Group co-founder Robert Miller, plans to allocate more money to hedge funds running less liquid strategies, such as distressed securities or credit. The $1.2 billion multistrategy SAIL Flagship Fund, which […]
First European mini-prime launched
Hedge Funds Review Magazine – Global Prime Partners (GPP) has launched the first introducing prime brokerage service in Europe, providing clearing, custody, securities lending and financing services for emerging hedge funds. Services will be provided through correspondent relationships with Jefferies, […]
Hedge Funds Pulled In $11.3 Billion in August, a Six-Month High
Bloomberg – Hedge funds received net deposits in August of $11.3 billion, the largest since February, as investors increased their appetite for risk, according to TrimTabs Investment Research and BarclayHedge Ltd. Emerging-market, fixed-income and macro funds, whose managers seek to […]