Category Archives: Syndicated
Hedge funds take collateral management to heart
Risk – Hedge funds exist within a complex network of multiple prime brokers, service providers, technology vendors and various counterparties. All of these entities have been affected by the development of new rules and regulations put in place after the […]
ABS-CBN raises P4-B in fresh funds
CBN – A global private equity firm and hedge fund will be subscribing to P2.5-billion worth of new Philippine Deposit Receipts that will be issued by media conglomerate ABS-CBN Corp. In a disclosure, ABS-CBN named the firm as Capital International […]
Ron Mock ascends to the top of Ontario Teachers’ Pension Plan
Globe and Mail – Ron Mock has completed his rise from the ashes of collapsed hedge fund firm Phoenix Research and Trading Corp., putting a controversial failure behind him to become the new chief executive officer of the Ontario Teachers’ Pension […]
Hedge Funds Bet on Freddie, Fannie Rise
WSJ – Some of the hedge funds that made fortunes in the housing-market crash are now betting on the recovery of Fannie Mae and Freddie Mac, the government-controlled mortgage giants. Paulson & Co. and Perry Capital LLC are among a handful of hedge-fund firms […]
Cayman Islands Spars With Sachs Over Hedge Fund Directorships
Bloomberg – The head of the Cayman Islands financial services industry trade group rejected charges from economist Jeffrey Sachs that the Caribbean nation’s oversight of hedge funds and banks is a “mortal threat” to the global economy. Sachs, in separate letters to the Financial Times the […]
London hedge fund manager ends poor year with £22m pay day
FN – According to company accounts filed today, the highest-paid director at Clive Capital was entitled to £21.6m for the year to February 28, 2013, down from £40m over the previous 12-month period. Adding up the pay package for the […]
British hedge fund tycoon blows £850,000 in Monte Carlo
DailyMail – By day he is a hedge fund tycoon and generous philanthropist. But by night self-made millionaire Talal Shakerchi is a regular addition at some of the biggest poker games in Europe. And on Saturday, he took on the big […]
Natural gas market tempts hedge funds
Risk.net – The introduction of hydraulic fractioning technology could be a new dawn for natural gas, though some hedge funds have pulled back as prices remain in the doldrums. Names such as Amaranth Advisors serve as a warning to those […]
US Hedge Funds Turn Bullish on the Euro
CNBC – Park Avenue, Manhattan, is half a world away from Kaiserstrasse, Frankfurt, and the corridors of the European Central Bank. The closest that the hedge funds of New York have come to austerity is cutting back on helicopter trips to […]
Forging Its Own Path, British Hedge Fund Finds Success
NYT – As a partner at Goldman Sachs, he wore a kilt to the firm’s annual black-tie dinner in New York. After leaving Goldman, Mr. Kirk, an astrophysicist by training, set up a hedge fund in Cambridge, England, a world […]
IFMI Announces $13.7 Million Strategic Investment
Institutional Financial Markets, Inc. (NYSE MKT:IFMI) (“IFMI”), a financial services firm specializing in credit-related fixed income investments, today announced that it has entered into definitive agreements with Mead Park Capital Partners LLC (“Mead Park Capital”) and Cohen Bros. Financial, LLC […]
Hedge fund nominees to Hess board to forgo special pay package
Reuters – An activist hedge fund’s nominees to the Hess Corp board of directors said they were waiving their right to receive a special pay package from the fund if the oil and gas company outperforms its peers under their watch. […]