Category Archives: Syndicated
Avenue Capital nears deal for China medical firm
Reuters – Hedge fund Avenue Capital is in the final stages of talks to buy a Chinese medical equipment company backed by a unit of Citigroup Inc in a deal worth over $100 million, sources familiar with the situation said […]
Women on top: Female hedge fund bosses out-perform their male counterparts
Daily Mail – Women in the hedge fund industry have given strength to the theory that the world of finance would be more efficient if females were in control. According to new figures from Hedge Fund Research, funds run by […]
More arrests possible in hedge fund case
Boston.com – Federal investigators plan to charge at least 10 securities professionals with insider trading, some linked to the criminal case against billionaire hedge fund manager Raj Rajaratnam that shook Wall Street last week, people familiar with the matter said […]
Was Something Amiss at Bear’s Hedge Fund Culture?
New York Times – Several hedge fund managers currently in legal hot water apparently have more in common that their judicial woes: they were all former Bear Stearns alumni. William D. Cohan reports in Fortune that that Mark Kurland and […]
Emerging markets show their mettle
Guardian – Emerging markets have been the place to invest over the past decade. While the FTSE 100 is down more than a quarter since it peaked in December 1999, and the S&P 500 in the US by 28%, markets […]
US hedge fund plans to invest Rs 500 cr in hydropower cos
Economic Times – US hedge fund Wexford Capital LP is looking to buy equity stakes in Indian hydroelectric power generation companies and has chalked out a plan to invest Rs 500 crore ($108+ million) in the country. The fund house […]
Singapore Hedge Funds Set to Be Licensed, AIMA’s Coleman Says
Bloomberg – Hedge funds in Singapore will “almost certainly” need to be licensed as the central bank seeks to tighten regulation of the industry, according to the local chapter of the Alternative Investment Management Association, the largest trade group for […]
Brazilian Hedge Funds Lure $19.7 Billion This Year: Week Ahead
Bloomberg – Brazilian hedge funds are luring more money than any type of investment pool in the country after record withdrawals last year, offering returns four times the yield from certificates of deposit. Local hedge funds attracted a net 33.7 […]
UBS Approached by 50 Potential Hedge-Fund Startups
Bloomberg – UBS AG, the largest Swiss bank, has been approached by about 50 potential hedge-fund startups in the Asia-Pacific region as the industry recovers from record losses in 2008. “We are tracking 50 different groups across Asia-Pacific who are […]
EU directive may cost funds 3.2 billion euros
Reuters – Hedge funds and private equity could face more than 3 billion euros in costs and investors could see fund choice shrink by up to 40 percent due to proposed new EU rules, a Financial Services Authority report said. […]
Hedge fund veteran Duff hunting for takeovers
Reuters – Hedge fund industry veteran Philip Duff is setting his sights on acquiring an asset management firm at a time he says big corporations are ready to leave the management of their pension funds to someone else. Duff made […]
U.S. Versus Cioffi And Tannin: Opening Statements
Forbes – The government cited what it claims are smoking-gun e-mails between the two fund managers. In at least one case, the government says Tannin wrote from his private Gmail account to Cioffi’s wife’s Hotmail account, declared the subprime mortgage […]