Category Archives: Syndicated
Eddie Bauer accepts $286 mln private equity bid
CHICAGO (Reuters) – Eddie Bauer Holdings Inc. (Nasdaq:EBHI – news), a clothing and accessories retailer, said on Monday it had accepted a $286 million cash takeover bid from two private equity firms, becoming the latest in a long line of […]
A Hedge Fund With High Returns and High-Reaching Goals
New York Times – ON June 13 at the Pierre Hotel in Manhattan, the Children’s Investment Fund, known as TCI, a large hedge fund in London, welcomed a particularly high-profile speaker: former President Bill Clinton. But Mr. Clinton was not […]
Coffee Milks Hedge Fund Probe
The Street.com — Securities law guru John Coffee is one of the more outspoken opponents of insider trading. But that hasn’t deterred him from helping hedge funds beat the rap on those charges. The oft-quoted Columbia University Law School professor […]
Hedge funds try hand at charity fundraising
Globe and Mail – Who says Canadian hedge fund managers don’t have a heart? The industry really does care and it has set up a charity to prove it: Hedge Funds Care Canada. It only has $137,000 in assets, as […]
Hedge fund manager Fortress Investment plans $ 750 million IPO –
Earthtimes.org – Fortress Investment Group LLC, New York-based hedge fund and private equity firm, plans to raise $750 million through an initial public offering, the first by a U.S. manager ofalternative investments. Fortress Investment has nearly $26 billion in hedge […]
Will Dems help the SEC rein in hedge funds?
Blogging Stocks – This year, the SEC was defeated in its attempt to regulate the hedge fund industry. In fact, the federal agency’s proposals were fairly innocuous. But the hedge funds have the resources to hire the best attorneys, who […]
Hedge fund Pershing Square buys Borders stake
CNNMoney.com – Activist investor William Ackman, who heads Pershing Square Capital Management, said on Thursday the fund has bought more than 11 percent of book retailer Borders Group Inc.’s shares. Borders (up $2.11 to $23.65, Charts) stock rose nearly 12 […]
Shankman, Ex-Enron Executive, to Start Hedge Fund
Nov. 10 (Bloomberg) — Jeff Shankman, the former chief operating officer of global markets at Enron Corp., plans to raise as much as $250 million in the next six months for an energy hedge fund, according to two investors who […]
Man Group’s H1 earnings rise, outlook bullish
Reuters.uk – Man Group Plc the world’s largest listed hedge fund firm, said its earnings rose strongly over the six months to end-September as demand for its products boomed, and its sharesreversed a brief dip on Thursday. The British company’s […]
Bank of Canada applauds hedge funds
Globe and Mail – The embattled hedge fund industry received a ringing endorsement from an unlikely source yesterday — the Bank of Canada. “Hedge funds have had a largely positive impact on the efficiency of financial markets in Canada,” deputy […]
SEC Accuses Hedge Fund Manager of Deceiving Investors
New York Times – The Securities and Exchange Commission yesterday sued a San Francisco hedge fund manager, Edward S. Ehee, and the funds that he managed, Viper Capital management and Compass FundManagement, accusing him of fleecing 18 investors out of […]
ECB says large EU banks may have compromised on due diligence over Hedge Funds
Forbes – Some large banks in the European Union may have been forced to compromise on due diligence when dealing with hedge funds because of competitive pressures, said Edgar Meister, chairman of the ECB’s Banking Supervision Committee. ‘It cannot be […]