Category Archives: Syndicated
China investing billions in hedge funds
The Korea Herald – China Investment Corp., the country’s sovereign wealth fund, is continuing to shift its investments away from cash and is investing billions in hedge funds and private-equity funds, chairman Lou Jiwei said. China Investment has invested “many […]
Funds not drying up for Hollywood filmmakers
IBNS – Hollywood Reporter said that Witness James Janowitz of Pryor Cashman is buttoning up a $250 million structured finance arrangement — including money from hedge funds — that will help pay for the production of a dozen films. “The […]
Sweden sees progress on EU hedge fund rules
Reuters – A minister of EU president Sweden said on Friday progress was being made on the contentious issue of European hedge fund regulation and that he was optimistic a deal might be reached in the coming months. “My view […]
Many investors too scared to take wing
The Modesto Bee – The tantalizing climb in the stock market has made hedge fund and mutual fund managers increasingly courageous, but millions of investors with 401(k) accounts remain reluctant to trust what burned them. That could hurt them, and […]
Global fund Kuwaiti hedge fund outperforms benchmarks
Gulf News – Kuwait Global Capital Management Ltd, the alternative investment funds arm of Global Investment House, has announced positive results for Global Umbrella Europe Hedge Fund. The fund has returned about 6.6 per cent year to date 2009, outperforming […]
John Paulson buying Citigroup shares: report
Reuters – Hedge fund manager John Paulson, who bet against financial companies after foreseeing the credit crisis, has been buying Citigroup Inc <C.N> shares over the past few weeks, the New York Post reported, citing sources. Paulson bought around a […]
In Final Chapter of Biovail Saga, Paul Weiss Wins Dismissal of Claims Against Hedge Fund
Biovail’s long-running battle against several hedge funds and analysts it accused of driving down its stock price has provided lots of drama. Two years ago, Manhattan federal district court Judge Richard Owen sanctioned Biovail for using documents, which were under […]
Six overseas funds seen eyeing stake in MCX-SX
Private equity funds General Atlantic and Fidelity, hedge fund TPG-Axon, CME, Abu Dhabi Investment Authority (ADIA) and a group company of Singapore’s sovereign wealth fund Temasek are said to be eyeing a 5% stake each in MCX Stock Exchange (MCX-SX), […]
Billionaire Paulson Backs AngloGold Managers as Top Shareholder
Bloomberg – John Paulson, the hedge fund billionaire who earned an estimated $2.5 billion last year betting against a recovery in the U.S. housing market, said he supports managers of AngloGold Ashanti Ltd. after becoming the South African mining company’s […]
MENA Hedge Funds Boost Assets 10-fold to $1.17b
Zawya – Hedge funds focusing exclusively on the Middle East and North Africa have seen a 10-fold increase in assets under management over the past five years, with futher gains of about 17 per cent through the first half of […]
Tampa’s Creative Loafing chain taken over by hedge fund Atalaya
St Petersberg Times – A New York hedge fund wrested control of the Creative Loafing newspaper chain Tuesday, promising to keep the weekly tabloids running in Tampa, Sarasota, Atlanta, Chicago, Charlotte, N.C., and Washington, D.C. In a bankruptcy auction in […]