Category Archives: Syndicated
Adviser calls for legal action against Matrix
CityWire.co.uk – Matrix’ marketing material continues to state the objective of the Bastion fund is to ‘generate consistent returns over the medium term with low correlation to major stock and fixed income market indices with a low degree of risk.’ […]
Hermes Fund Managers appoints Bridgepoint to oversee its private equity funds
AltAssets – Multi-boutique asset manager Hermes Fund Managers will move away from direct private equity investments. As such, the firm has appointed Bridgepoint, the European private equity firm, to manage its direct investment vehicles, Hermes Private Equity Partners II and […]
Julius Baer appoints Collardi private bank CEO
Alibaba News Channel – Swiss banking group Julius Baer appointed Boris Collardi as new chief executive of its private banking unit, a permanent replacement for Alex Widmer, who committed suicide in December. Collardi, born in 1974 and currently chief operating […]
Hedge fund hotshot Robert Mercer files lawsuit over $2M model
New York Daily News – A hedge fund hotshot’s lawsuit over a toy railroad setup sounds more like the great train robbery than Thomas the Tank Engine. Robert Mercer is accusing the builder of overcharging him by nearly $2 million […]
Dynamic Hedge Fund May Be Placed Under Liquidator’s Protection
Bloomberg – A Cayman Islands court may decide tomorrow to put Dynamic Decisions Capital Management Ltd.’s main hedge fund under the protection of an outside firm after investors accused the manager of “gross mismanagement and misfeasance,” according to people familiar […]
Carlyle raising $1 bln Asia property fund -sources
Forbes – The Carlyle Group is raising its second Asia real estate fund with a target of $1 billion in a move to tap more property deals in key markets like China and Japan, sources with direct knowledge of the […]
Australian hedge funds slip into red
ONE News – Australian hedge funds slipped into the red in February but their declines were less than that of major sharemarket indices in Australia and the United States, new data shows. Research group Australian Fund Monitors said the domestic […]
Ex-Vitol Trader to Start $100 Million Oil Hedge Fund
Bloomberg – Andrew Serotta, the Vitol Group oil trader who left last year as the firm scaled back its derivatives business, said he plans to start a $100 million hedge fund called Logista Capital to trade in crude futures. The […]
Blackstone Rejects SEC Request for Fund Data as Fortress Agrees
Bloomberg – Blackstone Group LP, the world’s largest private-equity firm, rebuffed a request from securities regulators to publicly disclose the performance of its buyout and hedge funds while Fortress Investment Group LLC agreed. The U.S. Securities and Exchange Commission asked […]
Hedge Funds Bulk at UK Tax Plans
CNBC – A group of powerful hedge-fund managers warned that they could quit London if taxes become too onerous. Richard Lambert, director-general of the Confederation of British Industry, considers the outlook for UK taxes. You say the name of a […]
Proposed rules concern US hedge funds and private equity –
Reuters – For years, U.S. hedge fund managers have worried that their loosely regulated and secretive industry would one day face tougher regulations. "It was inevitable that this would happen," said Brad Alford, founder of Alpha Capital Management, an advisory […]
Ron Geffner Defends Hedge Funds
Video discussing the new rules for hedge funds, with Ron Geffner, fmr. SEC enforcement attorney; Adam Patti, Indexiq CEO; and CNBC’s Rebecca Jarvis. Read Complete Article