Category Archives: Syndicated
HK’s SAIL Advisors to manage three ING fund of hedge funds
SAIL Advisors, a Hong Kong-based fund of hedge funds operator, said on Monday it will take over the management of three ING (ING.AS) funds in a move that will see a senior ING executive join the Hong Kong firm. Under […]
Pension fund rethink may buoy hedge funds-Lipper
ZURICH, June 9 (Reuters) – Hedge fund outflows of $116 billion in the first quarter of 2009 were the second highest since 1994, Lipper data show, yet hedgies may yet receive a boost from some pension funds before the end […]
Ex-Insight managers launch multi-asset firm
MONACO (Reuters) – Former Insight Investment fund managers Patrick Armstrong and Ana Cukic-Armstrong have launched a new fund management business that will invest in a broad range of assets and seek to beat inflation. The firm, Armstrong Investment Managers, will […]
Hedge-Fund Startups Sprout as Roc Gathers $1 Billion
June 16 (Bloomberg) — Arvind Raghunathan , former head of Deutsche Bank AG’s global arbitrage business, will open his new hedge-fund firm next month with more than $1 billion, a sign that investors are trickling back after record losses last […]
Hedge funds eye shift of EU power
Hedge funds and private equity firms are hoping a resurgent right wing in European politics will give them stronger support when they call for changes to proposed legislation they see threatening their industries. The coalition of European conservative parties won […]
Hedge Fund Trends: Icahn Buys Casino, Paulson Likes Distressed Debt
We recently learned of two major hedge fund transactions that we thought were worth highlighting here on the blog. Firstly, John Paulson is at it yet again. The prominent hedge fund manager has been in the media a lot recently […]
Hedge funds in Cayman Islands withdraw from UK banks
Hedge funds and financial institutions based in the Cayman Islands have been pulling their money out of Britain as they are hit by the credit crunch, according to figures from the Bank of England. The low-tax regime and limited regulation […]
Myners pledges vigorous campaign against EU hedge fund curbs
Wealth Bulletin – Paul Myners has vowed to fight “tooth and nail” to revise a directive from Brussels that would give the European Union the power to set limits on how much hedge funds are allowed to borrow. The draft […]
Appleby closes in on Dickinson Cruickshank merger
The Lawyer – Offshore giant Appleby is to merge with Isle of Man firm Dickinson Cruickshank to create the world’s largest offshore firm in terms of partner numbers. The combined firm will have 73 partners and nine offices worldwide, including […]
Hedge funds buy up German TV firm’s debt
Independent – Hedge funds Apollo and Octavian have been quietly building up a position in ProSieben, one of Europe’s biggest commercial broadcasters. The move could lead to a showdown with private equity owners Permira, the Damon Buffini-run giant, and Kohlberg […]
Asia Hedge Funds on ‘Radar’ After Beating Peers, Citigroup Says
Bloomberg – Asian hedge funds are attracting growing interest from investors as managers focusing on the region outperform global peers, said Andrew Hill, director of prime finance for Asia-Pacific markets at Citigroup Inc. “There are pockets of proprietary money looking […]