Category Archives: Syndicated
Hedge Fund Rising Stars: The best of the next generation
FN – This is the second annual FN 40 Under 40 Rising Stars of Hedge Funds, Financial News’ editorial pick of the brightest up-and-coming men and women in the industry. As the European hedge fund market matures, they represent the […]
Ex-NY hedge fund head who fled admits $4M swindle
AP – A former New York hedge fund manager has admitted bilking more than $4 million from investors. Brian Kim also admitted Friday that he stole hundreds of thousands of dollars from his condominium board and fled to Hong Kong as […]
2-Bahrain’s Arcapita files for Chap.11 after hedge fund pressure
Reuters – Bahrain investment house Arcapita became the first Gulf entity to file for Chapter 11 bankruptcy protection in the United States, after it was threatened with legal action if it did not repay a hedge fund in full, three […]
Investor In $1.4 Billion Hedge Fund Firm Run By Twin Brothers Sues To Get Money Back
Forbes – More than three years have passed since the credit crisis sparked nasty redemption battles between hedge funds and their investors—but some of these fights remarkably continue to pop up. The latest example involves a Redwood City, Calif., fund […]
Commodity funds BlueGold, Clive miss out on oil rally
Reuters – At least two major commodity funds have missed out on this year’s oil rally, one of the energy market’s biggest since the financial crisis, market sources said. BlueGold and Clive Capital, both based in London and known for […]
SEC accuses James Michael Murray of investor fraud
San Francisco Chronicle – Federal regulators accused a Marin County investment adviser Thursday of raising more than $4.5 million for a purported hedge fund with the help of a fabricated audit. In a U.S. District Court lawsuit, the Securities and […]
Man Group Sees Hedge Fund Demand From Asia-Pacific Investors
Bloomberg – Man Group Plc (EMG), the world’s largest publicly traded hedge fund, is seeing demand for hedge funds from sovereign and institutional investors in the Asia-Pacific region, said Chief Executive Officer Peter Clarke. “They are looking for a degree of […]
U.S. hedge fund wins $72 million claim against Dubai’s Drydocks
Reuters Dubai – A U.S.-based hedge fund said it has won a $72 million legal claim against Dubai’s Drydocks World for defaulting on a loan, putting the ship builder’s $2.2 billion debt restructuring in further trouble. Monarch Alternative Capital said […]
Former Lone Pine, Goldman executives ready HK hedge fund
Reuters – A highly anticipated hedge fund from former Lone Pine and Goldman Sachs executives will be launched in July and carry an innovative fee structure, according to a document seen by Reuters. Eashwar Krishnan, former Asia head of hedge […]
Ex-Highbridge Asia Head Said to Raise $900 Million for Fund
Bloomberg – Carl Huttenlocher, the former Asia head of Highbridge Capital Management LLC, raised $900 million for his own hedge fund by March 1, said two people with information on the matter. Myriad Opportunities Master Fund Ltd., which started investment […]
Sweden’s largest hedge fund Brummer & Partners begins private equity push in the Philippines
Opalesque – Sweden’s largest hedge fund manager Brummer & Partners has announced the launch of its private equity initiative in the Philippines. According to the firm’s 48-page annual report, the push to establish its presence in the Philippines actually began in […]
Insider fires a broadside at Goldman Sachs
A blistering attack on Goldman Sachs by one of its own bankers has hit a raw nerve inside the firm seen to symbolise the excesses of Wall Street. It has stoked bitter memories of the financial crisis among some former […]