Author Archives: Editor

Job creation bonus as Ireland begins to lure hedge funds

eFinancial Careers – Since laws simplifying the process for redomiciliation came into operation earlier this month, hedge funds are queuing up to come to Ireland. The upshot of this is extra work for support services to the industry, which is […]

Ten Biggest U.S. Hedge Funds

Read Complete Article – The latest list of top hedge funds by assets is out and most of the same players remain industry heavyweights. If you don’t have a subscription to AR Magazine, here’s a recap of their latest top 10.  […]

Bond managers raise alarm about France downgrade

Fund Strategy – Amid Ireland’s potentially terminal bank bailout last week, another eurozone woe passed relatively unnoticed: bond managers say France may be the next state to be downgraded. Christophe Akel, a co-manager of the GLG Global Corporate Bond fund, […]

Hedge Fund Launch: Javelin Capital Global Equity Strategies Fund

New York (HedgeCo.net) – Recently authorised investment management firm, Javelin Capital, launched its first hedge fund, the Javelin Capital Global Equity Strategies Fund on October 1st 2010, with seed capital of $31 million. The fund will take long and short […]

Another Goldman vs. Hedge Fund Lawsuit

New York (HedgeCo.net) – Hedge fund Dodona I LLC., has filed a class action suit against Goldman Sachs and seeks damages.  The hedge fund is said to have invested four million dollars in securitized mortgage loans (CDO) under the name Hudson Mezzanine, […]

AllianceBernstein Acquires SunAmerica’s Hedge Fund Group

New York (HedgeCo.net) – Global investment management firm AllianceBernstein L.P. has acquired SunAmerica’s alternative investments group, a team that manages a portfolio of hedge fund and private equity fund investments. “We are pleased to add to our alternative investment capabilities this exceptional […]

Inmarsat falls on stake sale talk, as commodity companies pull FTSE 100 lower

Guardian – Inmarsat is leading the fallers as the market starts the week on a downbeat note. The satellite operator has dropped 18.5p to 650p following reports that US hedge fund Harbinger wanted to sell 10% of its 28% stake in […]

Fortress’s Levinson to Lead Asia Expansion in Buyout Firm’s Singapore Move

Bloomberg – Fortress Investment Group LLC’s Adam Levinson, co-chief investment officer of global macro funds, will move to Singapore to lead the New York-based buyout and hedge-fund firm’s expansion in Asia. Fortress will have an investment team of about 10 people […]

Cypress and Hedge Fund Ramius Renew Battle Over Control

Seeking Alpha – Cypress Bioscience will consider putting itself up for sale or unloading part of its assets in an attempt to nullify or better a pending buyout offer made by a New York hedge fund. Ramius, a Cowen Group […]

SEC Rulemaking Agenda for Hedge Fund Registration

FavSticks – The Dodd-Frank bill requires the SEC and CFTC to propose and promulgate final rules with respect to a number of important areas for investment managers.   As we have seen, significant time has already been devoted to trying […]

Fairfield’s Fiscal Officer: The town ‘recovered nicely’ from Madoff scam

CT Post – Things looked bleak back in December 2008. A market that was starting to plummet was made worse by the news that financial whiz Bernard Madoff’s hedge fund was just a pyramid scam. The $42 million the town thought it […]

ECB’s Tumpel-Gugerell Urges EU To Reach Deal On Hedge Funds

Dow Jones – European Central Bank Executive Board member Gertrude Tumpel-Gugerell Monday urged European Union politicians and lawmakers to speed up new hedge fund regulation. “The crisis has demonstrated the kind of effect hedge funds can have on financial markets […]