LONDON (Reuters) – Kenmore European Industrial Fund, a Guernsey-registered fund, said on Monday it would raise 140 million pounds via a London initial public offering to invest in European industrial properties. The closed-ended investment fund, which expects trading to start […]

Sept. 12 (Bloomberg) — As soon as Vitesse Semiconductor Corp. said it was under investigation for securities law violations that may delay routine regulatory filings, the Camarillo, California, maker of computer chips also learned it was about to be held […]

Forbes – The Greenwich-Van Global Hedge Fund Index returned +1.30% in August according to a preliminary report released today by Greenwich-Van Advisors, LLC, a leading hedge fund index provider. In comparison, the S&P 500, NASDAQ, Nikkei 225 and the Lehman […]

New York Times – Citigroup named Dean Barr as the head of its Tribeca Global Management unit, succeeding Tanya Styblo Beder, in an effort to jump-start the hedge fund unit’s sagging returns. Ms. Beder, 50, joined Citigroup in May 2004 […]

The Financial Standard – BT Financial Group has partnered with new hedge fund manager Voyager Funds Management in a distribution deal for the group’s flagship Voyager Pan Asia Fund. The long-short equities fund, run by Voyager’s seven person investment team, is market […]

Black Enterprise – Merger and acquisition specialists, including corporate executives, bankers, lawyers and advisers, differ sharply in their attitudes toward hedge fund involvement in deals, according to a new survey by IntraLinks, a business information technology provider. Some 427 M&A […]

Forbes – The board of Dutch supermarket group Royal Ahold NV is split over whether to sell off key parts of the business following break-up calls from hedge funds Centaurus Capital and Paulson & Co, The Business newspaper reported, citing […]

Washington Post – One of the Treasury Department’s top officials dealing with hedge funds has agreed to forgo up to $1.5 million in severance payments from his former employer, which invests in hedgefunds. Emil Henry Jr., assistant secretary for financial […]

Reuters – Dutch retailer Ahold posted forecast-beating second-quarter earnings on Thursday and said it was not in talks with two hedge funds keen on a break-up, or private equity firms eyeing abuyout. The stock rose more than 3 percent, approaching […]

Reuters – Dutch-based media group Wegener said on Friday it had talked to British fund Governance for Owners but had not come under pressure over its strategy amid a mounting debate over shareholderactivism. Dutch financial daily Het Fianancieele Dagblad reported […]

Independent –  Centaurus Capital, a London-based hedge fund, has launched a shareholder campaign to try to force the Dutch engineering group Stork to break itself up. Centaurus, acting with the fellow hedge fund Paulson & Co, which is based in […]

Bloomberg- Man Group Plc, the world’s largest hedge-fund manager, said finance director Peter Clarke will replace Stanley Fink as chief executive next year. Fink, 49, will become non-executive deputy chairman in April 2007, the London-based company said in a Regulatory […]