Author Archives: Editor
Hedge Fund Launch: Clareville Capital Partners LLP
New York (HedgeCo.net) – Privately owned financial management company, ML Capital Asset Management, (ML Capital) announced that the first manager to launch on the Montlake UCTIS platform* will be Clareville Capital Partners LLP, the hedge fund founded by David Yarrow. […]
Uranium Prices at 10-Month High Attract Hedge Funds, Investors, UxC Says
Bloomberg – Uranium is drawing interest from investors including hedge funds after prices for the nuclear fuel climbed to the highest level in more than 10 months, according to Ux Consulting Co. Uranium-oxide concentrate for immediate delivery remained at $48 […]
Hedge Fund Closure Rate May Rise to 20% on Lack of Capital, Merrill Says
Bloomberg – As much as 20 percent of hedge funds globally may be liquidated by the first quarter because smaller managers are starved for fees and new capital, according to Bank of America Corp.’s Merrill Lynch & Co. unit. Hedge fund […]
People moves
Hedge Funds Review – The latest appointments within hedge funds and funds of hedge funds as well as related service industries. Fund of hedge funds manager Meridian Capital Partners has appointed Mark Gordon as a vice president and director of […]
UK commerial property hedge fund beats UK IPD index for returns
UK Business Property – The Iceberg Alternative Real Estate Fund, a £100 million hedge fund focussed on UK commercial property derivatives has returned 15% annually after fees since its inception in May 2007 and is down 3% through August, said […]
Cheyne hedge fund spots RBS opportunity
Reuters – M&A is on the up again and hedge funds are getting ready – last week we revealed Cheyne Capital had raised over $100 mln for an event-driven fund. The fund will concentrate on ‘hard’ news (as opposed to […]
Obama Takes on Hedge Fund Managers And Tea Partiers in Townhall
The Washington Independent (Video) – A hedge fund manager, CNBC contributor and former classmate of Obama’s, Anthony Scaramucci, stood up during the town hall and told the president the “Wall Street community” feels like “a piñata.” He asked him how he […]
Dublin As A Center Of Hedge Fund Expertise
New York (HedgeCo.net) – New Jersey-based hedge fund service provider Fi-Tek LLC has chosen Dublin for it’s European headquarters. “Ireland’s pro-business environment, availability of highly skilled personnel, the presence of many of our clients, and working with IDA were the […]
Charter Launches London Hedge Fund With Australian Expert
New York (HedgeCo.net) – UK based Charter Group has teamed up with Brian Taitz to launch a new hedge fund administration firm, Charter Group Fund Administration Ltd. The firm is based in London and focuses primarily on offshore funds managed […]
Hedge Fund Manager Takes Bid Directly to Cypress Shareholders
Seeking Alpha – Ramius, a hedge fund manager trying to gain control of Cypress Bioscience, is taking its $148 million hostile bid directly to Cypress shareholders, bypassing the company’s management after it rejected a lower bid in August. San Diego-based […]
Peloton Founder Said to Launch New Fund
NYT – Ron Beller, the hedge fund manager whose firm, Peloton Partners, collapsed after a huge bet on subprime securities went catastrophically sour, has launched a new shingle with former Peloton colleague Manal Mehta, Financial News reported. The two have seeded […]
Source launches hedge fund ETF
IFA Online – Source has listed an ETF replicating the global performance of hedge funds on the Deutsche Boerse. The fund tracks the Merrill Lynch Factor Model strategy, designed to generate performance similar to funds-of-funds, but without investing directly in […]