Category Archives: Syndicated

Nephila Hedge Fund May Be Exposed After Japan Quake

WSJ – Nephila Capital, a $2 billion Bermuda-based hedge fund firm, is named after a spider that, according to island folklore, can predict hurricanes. Earthquakes, like the ones that devastated parts of Japan and New Zealand in recent weeks, are […]

Spain’s savings banks held talks with hedge funds

Reuters – Spain’s struggling saving’s banks, or cajas, have held talks with major hedge funds and private equity groups to try to raise 15 billion euros ($21 billion) in fresh capital to avoid a bail-out, the Financial Times said on […]

What hedge fund managers know about making money

MarketWatch – Knowing what stocks are held by top hedge fund managers is a useful source of investment ideas and an important risk factor for individual investors to consider. But the data is dated, limited and can be misleading, so […]

Switzerland regulator approves first hedge fund

Global Pensions – Swiss & Global Asset Management and Swiss Hedge Capital have launched the first single manager hedge fund to be regulated by the Swiss Financial Market Supervisory Authority (FINMA). The Swiss Hedge Trading Fund trades in blue chip […]

Marco Pierre White acquires Maypole Group

M&C Report – Marco Pierre White, the high-profile chef and restaurateur, has completed the acquisition of the Maypole Group, the operator of six rural inns, out of administration for an undisclosed sum. Maypole fell into administration in October after Clydesdale […]

Thames River rolls out long-short EM hedge fund post Nevsky departure

City Wire – Thames River Capital has launched an emerging markets long/short hedge fund for former Griffin hedge fund manager Kristof Bulkai, after Nevsky duo Martin Taylor and Nick Barnes stepped down from their own hedge fund. The firm has […]

Blackstone hedge fund seeder business gets traction

Chicago Tribune – Wealthy investors are showing a healthy appetite these days for newly minted hedge fund managers, judging by the activity in one Blackstone Group managed portfolio. In about four months, hundreds of individual investors sank some $355 million […]

Ex-Dresdner traders ready $40 mln Asia hedge fund

Reuters – Noho Capital, founded by former equity derivative traders of Germany’s Dresdner Bank, is preparing to launch a managed futures Asia-focused hedge fund aimed at gathering $40 million by the end of 2011. Mathias Piardon and Frederic Levy, co-founders of […]

Prosecution Filing Shines Light on Possible Galleon Defense

WSJ – Galleon Group founder Raj Rajaratnam shouldn’t be allowed to use conversations with a trader at his hedge fund that were secretly recorded by a cooperating witness as part of his defense against insider-trading charges, federal prosecutors said in a […]

Ex-Fund Manager Charged in SEC Death Threats Blames Retaliation for Plight

Bloomberg – For Vincent P. McCrudden, the former hedge-fund manager charged with threatening to kill financial regulators including U.S. Securities and Exchange Commission Chairwoman Mary L. Schapiro, his prosecution is the culmination of a decade-long government vendetta. McCrudden was arrested […]

Man Group to sell 25% interest in rival BlueCrest back for $633m

BBR – Hedge fund manager Man Group has agreed to sell its 25% interest in rival BlueCrest back to the firm for $633m. Man’s investment in BlueCrest, which dates from 2003, is expected to generate a pre-tax profit on disposal […]

Ex-Intel man ‘tipped’ Raj Rajaratnam

BBC – A former Intel executive has said that he passed company information to his friend Raj Rajaratnam in the biggest Wall Street insider-trading trial in decades. Rajiv Goel made the claims as a witness for the prosecution. Former billionaire hedge-fund […]