BusinessWeek – Ralph R. Cioffi seemed as cool and confident as ever. The market for subprime mortgages was crumbling, but the 51-year-old manager of two Bear Stearns ( BSC ) hedge funds offered nothing but reassurances to investors. “We’re going […]

Forbes (Thomson Financial)- A group of Europe’s largest hedge-fund managers have proposed ways to make the industry more transparent in an attempt to head off calls for greater regulation. The London-based Hedge Fund Working Group has drafted a proposed code […]

Bloomberg- Dura Automotive Systems Inc.’s plan to exit bankruptcy may reward company managers with as much as $60 million in stock while leaving most bondholders empty- handed. Pacificor LLC, a hedge fund that owns at least $133 million of Dura’s […]

The Northern Echo- HIGH street lender Northern Rock saw its share price surge by more than a quarter yesterday after it emerged a Monaco hedge fund had amassed a four per cent stake in the business. The revelation that SRM […]

Reuters- Hedge funds’ hefty fees are likely to remain high even as institutional investors try to chip away at them for their clients, a top Bank of America executive said on Tuesday. “It would be an overstatement to say there […]

Forbes- The Remy International Inc. plan to restructure its debt depends on borrowing up to $330 million and selling $85 million in new preferred stock – transactions that would generate millions infees and interest for Wall Street banks and hedge […]

Reuters- Hedge fund firm Winton Capital Management said on Monday that a new fund run by Goldman Sachs had bought a 9.99 percent stake in the company. The stake, which the Goldman fund took at the end of July, is […]

Business Standard- Global hedge funds, which are on the lookout for multi-fold returns on their investments, are slowly entering the booming domestic real estate sector.   Major hedge funds operating in the Indian property markets include Och-Ziff Capital (founded by […]

InvestmentNews- Hedge funds were on the rise September as increased market liquidity allowed most strategies to post positive returns, Hennessee Group LLC reported today. After mid-August’s lows, indexes across the board posted improvements: Nasdaq Composite Index rose 4.05%; Dow Jones […]

Bloomberg- Ellington Management Group LLC, the Old Greenwich, Connecticut-based hedge-fund firm that focuses on mortgage securities, suspended client redemptions from two funds because it’s too hard to value their assets. Investors won’t be able to withdraw money from New Ellington […]

New York Post- Housed in a 25,000- square-foot palazzo off Madison Avenue, Salander-O’Reilly Galleries bills itself as a top-flight New York dealer that offers unprecedented access outside of amuseum to Titians, Michelangelos and other masterpieces. Roy Lennox, a senior managing […]

Reuters UK- For years the preserve of globe-trotting merchants and secretive financiers, the trade in rare and valuable minerals known as minor metals is now on the radar of hedge funds searching forprofits. Huge amounts of money have been ploughed […]