Category Archives: Syndicated
New Jersey Directs Another $3.8 Billion to Hedge Funds
Black Enterprise – New Jersey’s state pension funds will allocate an additional $3.8 billion toward hedge funds from now until June 30, 2007, as part of a new investment plan adopted in July by theNew Jersey Division of Investment. While […]
Institutional players ensure hedge funds are here to stay
Business Online – DESPITE so-so performance in the second quarter, hedge funds in the United States pulled in a lot of money from investors, highlighting two trends. One is that the floodgate of institutional money, which appeared to slow last […]
Unusual bond trading shows difficulty of policing swaps
Pittsburgh Post-Gazette – Unusual trading in a relatively new corner of the bond market illustrates how the rise of increasingly sophisticated financial instruments is potentially outpacing theability of regulators to police them. In recent months, there have been spikes in […]
UPDATE 1-Hedge funds threaten NPSI with proxy fight
Reuters – A group of activist hedge funds on Thursday threatened North Pittsburgh Systems Inc. with a proxy contest if certain measures to boost the value of shares in the telecommunications companyare not taken. Bulldog Investors, Santa Monica Partners and […]
SEC agrees to share hedge-fund probe info with Senate
MarketWatch – The Securities and Exchange Commission has agreed to share some internal memos and make available staff for interviews with Senate investigators probing whether a hedge-fund investigation was derailed because of political interference, according to a Senate spokeswoman. The […]
Hedge Funds turn to Technology to cope with pain points and strain of lower margins
Insurance News Net – Traditionally IT vendors have had limited scope to service the lucrative world of the hedge funds, but increasing exposure and regulation are forcing this industry’s participants globally to look to technology to ease some of their […]
Delphi gives funds further access to data
MSN MoneyCentral – Delphi has agreed to give its two largest shareholders access to more confidential data as the pair of hedge funds try to put together a restructuring and refinancing package forthe bankrupt US car parts maker. Appaloosa Management […]
Cruise Gets First Funds for Projects
Herald Tribune – Analysis – From Australia to Argentina, erratic weather is slashing wheat crops of the major producers, which is threatening to push up prices to multi-year highs and making itdifficult for countries to replenish stocks. While the world’s […]
Hedge Fund Makes Play for Porn Provider
Smart Money -The worlds of pornography and hedge funds combined this month when activist-investment firm Steel Partners proposed a management buyout of New Frontier Media Inc., an adult-entertainmentcompany. During a recent New Frontier board meeting, Steel Partners manager Warren Lichtenstein […]
Hedging Without a Hedge Fund
It’s been an up-and-down summer for stocks, and Labor Day weekend might not mark the end of Wall Street’s worries (see BusinessWeek.com, 8/18/06, “Can the Rally Keep Up?”). As uncertainty continues over economic growth and inflation, many investors may be […]
Pep Boys Puts Hedge Fund on Board
Houston Chronicle – To head off a proxy fight, Pep Boys on Wednesday named a representative of a major shareholder to its board of directors. The Philadelphia automotive parts and service chain appointed as director Thomas R. Hudson Jr., managing […]
Hedge funds play hardball with late filing firms
Pittsburgh Post-Gazette – Hedge funds looking to extract bigger returns from the companies they invest in have come up with a new game of hardball: Fail to file a quarterly report on time, andthey’ll try to make you pay off […]