LONDON (Reuters) – Polar Capital Holdings, which runs hedge funds and other funds, said on Monday it was applying to float its shares in London, adding to a recent trend of investment company listings. Polar, which was founded in 2000 […]

New York Times – The Highbridge Capital Management hedge fund will announce today that it has taken a major equity stake in the energy business of the Louis Dreyfus Group, the old-line commodities trading firm, in a deal worth about […]

LONDON (Reuters) – JPMorgan Asset Management said on Monday it will launch a global equity income portfolio because it sees strong income investment opportunities overseas. The JPM Global Equity Income fund will be launched on Feb 7 and will target […]

Reuters – Citigroup wealth managers are telling their clients to expect a slightly better performance from hedge funds this year versus last but still less than long-term average gains. In a note, the investment bank’s wealth management group projects hedge […]

PR Newswire – As we begin 2007, 2006 can be summed up in a single word, “more,” according to Walkers, the global offshore law firm of choice for fund managers, corporations, financial institutions,and international law firms. The market saw more […]

New York Times – Pirate Capital, a $1.7 billion hedge fund, plans to solicit proxies in support of its push to persuade the Brink’s Company, the armored-truck and security provider, to hire an investment bank for a possible sale. In […]

Forbes – Barclays Global Investors (BGI) is aiming to garner around 1 bln usd through the launch of its first global fund of hedge funds, according to a source close to the company. AlpEx, which was launched at the end […]

Forbes – A group of hedge funds that fought to boost payments to stockholders in Refco Inc.’s bankruptcy proceedings won the right to collect $1.2 million in legal fees and expenses from the company,marking a final victory in their bid […]

Hedge Fund operator Clinton Group, which beneficially owns about 5.2% in Griffon Corp. (GFF), recently delivered a letter tothis company, which makes everything from garage doors to specialty plastic films used in baby diapers, adult incontinence, and other products, stating […]

Reuters South Africa – A consortium backed by U.S. hedge fund Polygon said on Thursday it had dropped its interest in English Premier League side Newcastle United, leaving the door open forJersey-based investment firm Belgravia. “St. James’ Park Group Ltd […]

Houston Chronicle – SMART Papers, a maker of papers for writing, commercial printing, graphic arts and packaging, has emerged from Chapter 11 bankruptcy with new ownership, officials said Wednesday. Plainfield Asset Management, which took a 92.5 percent stake in SMART […]

American Venture Magazine – The phenomenon of the convergence of private equity firms and hedge funds has garnered a tremendous amount of attention.  As this trend gained visibility, affected investment communities sought a broader perspective on how it developed, who […]