Category Archives: Developing Stories

Hedge Fund Analyst Eurekahedge Launches The ‘Mizuho-Eurekahedge Index’

New York (HedgeCo.net) – Hedge fund data provider Eurekahedge is launching a suite of new asset weighted indices, under the name ‘Mizuho-Eurekahedge Index’. “With the current volatility in the markets there is increasing demand for more manageable and predictable return streams. […]

eVestment Acquires HedgeFund.net: Hedge Funds Increase Assets from Institutional Mandates

New York (HedgeCo.net) – Vestment Alliance (eVestment), a global provider of institutional investment data. hedge fund intelligence and analytic solutions has acquired the Channel Capital Group, owners of HedgeFund.net (HFN), a source for hedge fund data, research and news. “We […]

LGBT Capital Announces First Impact Investment In Fridae

New York (HedgeCo.net) – LGBT Capital, a specialist Corporate Advisory and Investment Management Unit of hedge fund investor Galileo Capital Management and Fridae, Asia’s leading LGBT social networking operation, have announced a strategic alliance to develop a world class LGBT (lesbian, gay, […]

Hedge Fund Managers In ‘New Turtles Traders’ Experiment Launched Today

New York (HedgeCo.net) – The biggest trading experiment in London City history starts this morning when 20 traders hand-picked from over 10,000 applicants place their first live trades in the markets. Thirty-five year market veteran Mike Baghdady is backing his […]

Live Update: US Public Tired Of Analysts/Hedge Funds, Start Wall St. Occupation Revolt

Just in (EST): 5:28 Wall St. Protesters Say They’re Settled In (ABC) 5:22  Livestream (hmm, patchy and a bit biased) by AnonOps @anonops 2:44 Police put Wall Street under lockdown after reading plans on Twitter 2:35 Protesters Gather For Demonstration […]

New Hedge Fund Gets $100 Million From World Bank

New York (HedgeCo.net) – The World Bank’s private-sector lending arm, the International Finance Corp, is investing$100 million in a new hedge fund recently launched by Christofferson Robb & Co, according to Reuters. The hedge fund, based in London and New York, will “Put […]

Paulson Hedge Fund Drops Sino-Forest

New York (HedgeCo.net) – According to regulatory filings a former Sino-Forest Chief Executive Officer and other insiders sold C$81 million ($83 million) of shares since the end of 2006, Bloomberg reported this morning. Hedge fund firm Paulson & Co., said they […]

Falcone’s Hedge Fund Project To Support Hurricane Irene Relief

New York (HedgeCo.net) – Billionaire hedge fund manager Philip Falcone’s new satellite internet venture, LightSquared, and mobile satellite communications provider, Inmarsat, announced that they have coordinated resources to ensure that emergency services customers have reliable access to essential satellite communications […]

Hedge Fund Investor AIM Places $1 Million In Frontier Markets

New York (HedgeCo.net) – Emerging markets hedge fund company AIM Investments PLC (“AIMI”) has closed a $1 million strategic investment through a private placement with Farm Lands of Guinea, Inc. (“FLGI”l), which controls a quarter of a million acres of […]

Hedge Fund Wireless Internet Meets Industry Resistance

New York (HedgeCo.net) – Hedge fund manager Philip Falcone’s new satellite internet venture, LightSquared, is seeing resistance from the European Space Agency. The hedge funded project last month outlined a solution to the problem of interference with US GPS receivers, […]

Man Buys Lehman Exposure For $355 Million, Cash

New York (HedgeCo.net) – Hedge fund Man Group has paid $355m to take over all residual exposure to Lehman Brothers from funds acquired when it bought GLG last year. “These transactions will remove the remaining uncertainty from funds with residual claims against […]

AIMA: Hedge Funds Not A Risk To Financial Stability

New York (HedgeCo.net) – As the Financial Stability Oversight Council mulls over who will be subjected to higher levels of regulatory scrutiny, the Alternative Investment Management Association (AIMA) today re-iterated its belief that no hedge fund manager based or operating […]