Category Archives: Syndicated

AMG to pay $775 mln for Pantheon fund manager

Reuters – Affiliated Managers Group Inc, a holding company for money managers, on Wednesday said it would buy the private equity fund-of-funds manager Pantheon Ventures from Northwestern Mutual Life Insurance Co for $775 million. Pantheon manages about $22 billion of […]

EU Fund Plan Seen Threatening Economy

NYT – European Union plans to regulate managers of hedge funds and other alternative investments need changing to avoid damaging Europe’s economy and curbing investor choice, a parliamentary report said on Wednesday. In April last year the bloc proposed that […]

Galleon figure Chiesi stands by Rajaratnam

Reuters – Danielle Chiesi has not found it easy to keep quiet in the months since her indictment as part of the biggest insider trading case to rock Wall Street in two decades. The former hedge fund analyst told Reuters […]

Lipper Snaps UK-Henderson New Star leads bond funds in Jan

Reuters – A UK-focused fund managed by Henderson’s investment funds team was the top performer among bonds in January, data from Thomson Reuters fund research firm Lipper showed on Monday. The New Star Sterling fund LP60008662, managed by Stephen Thariyan […]

What CIC Disclosures Say About Its Strategy

WSJ – It’s a rare event when the world gets a peak into the stock portfolio of a $300 billion Chinese sovereign wealth fund. Thanks to a regulatory filing that China Investment Corp. made with U.S. securities regulators, investors are […]

Pension funds eye fee cuts but hedgies balk-study

Reuters – Pension funds expect to negotiate lower fees with fund managers this year after securing cuts in 2009 in the aftermath of the financial crisis, although they face a battle with reluctant hedge funds, new studies said. A survey […]

CITIC Capital raises 2nd China buyout fund, $925 mln

Reuters . CITIC Capital, the flagship investment arm of CITIC Group, China’s No.1 financial conglomerate, said on Monday that it had completed raising $925 million for its second China buyout fund. The closing size was bigger than the firm’s original […]

Volcker Hedge Curbs Won’t Break Banks

WSJ – The “Volcker Wish List” — not a rule, of course, but a high bar of ambition set to be lowered by legislators — includes ending investment banks’ sponsorship and investment in hedge funds. After an initial panic, this […]

Spain Seeks Tougher Rules for Non-EU Hedge Funds

WSJ – Hedge funds and private-equity funds based outside the European Union should be subject to strict rules if they do business in the 27-nation bloc, according to legislation drafted by the Spanish government. Spain, which currently holds the EU’s […]

FT buys hedge fund macro intelligence firm MGA

Reuters – Pearson’s Financial Times has bought Medley Global Advisors, a provider of macroeconomic intelligence to hedge funds and banks, as it shifts emphasis from advertising-funded publications to subscription services. UK-based Pearson, whose main business is educational publishing, said last […]

BofA Trend Report: Hedge Funds Continue to De-Risk

Seeking Alpha – Bank of America Merrill Lynch is out with the newest iteration of its hedge fund monitor report. The bank highlights that hedge funds suffered heavy losses last week and ended January on a weak note. As such, […]

Cut And Paste Job Bad News For Hedge Funds

WSJ – A London hedge-fund manager who cut and paste figures to make his portfolio look $27 million better hasn’t done any favors for the mass of hedge funds still trying to rebuild their reputation with investors after a poor […]