Category Archives: Syndicated

Reuters, CME venture targets hedge fund growth

Reuters – A Reuters Group Plc and Chicago Mercantile Exchange deal to create the first centrally cleared foreign exchange marketplace aims to tap growing institutional and hedge fund activity, thetwo companies said. The companies said on Thursday they will pool […]

Morgan Stanley Names Hedge Fund Chief

Street.Com – Morgan Stanley continues to build its alternative-investments group, tapping an executive from another key division to spearhead the firm’s push into hedge fundsand other areas of advanced portfolio management. On Wednesday, Morgan Stanley named Stu Bohart, the former […]

Hedge fund names board nominee in Topps proxy fight –

Reuters – Hedge fund Pembridge Capital Management LLC said on Wednesday it has notified Bazooka bubble gum maker Topps Co. Inc.  that it has replaced Eric Newman as one of its nominees forelection to the Topps board of directors with […]

Hedge funds work to build K St. clout

Like many growth industries that go a-courting in Congress, hedge funds have approached legislative and regulatory hurdles with lobbyists retained and pocketbooks open. As hedge funds continue to attract a broader class of investors, however, they are discovering that educating […]

The LBO Meets Main Street

BusinessWeek – Private-equity funds, once the exclusive domain of large institutions and wealthy individuals, are going mainstream. Getting into a leveraged buyout isn’t quite as simple as purchasing a CD at the local bank — but it’s getting there. An […]

Fresh surge in commodity prices raises fears of unsustainable speculative bubble

The Independent – Fears of an unsustainable bubble in commodity prices were fuelled yesterday after key industrial metals such as copper and zinc surged amid thin trading. The copper price leapt more than 3 per cent in London as traders […]

BlueCrest to list multi-strategy hedge fund

Reuters.uk – BlueCrest Capital Management, one of Europe’s biggest hedge funds, said on Tuesday it plans a fund listing which will make its investment strategies available to UK institutions andwealthy individuals. Analysts say the listing could appeal to investors such […]

Hedge fund raises stakes in infoUSA proxy fight

Reuters – Hedge fund Dolphin LP on Tuesday raised the stakes in a fierce proxy fight for control of infoUSA by releasing a letter it says will show shareholders that the database firm’s foundershould be voted off the board. Dolphin […]

Baring hikes hedge fund exposure

Reuters.uk – BlueCrest Capital Management, one of Europe’s biggest hedge funds, said on Tuesday it plans a fund listing which will make its investment strategies available to UK institutions andwealthy individuals. Analysts say the listing could appeal to investors such […]

Copper resort owner urged to sell

Rocky Mountain News – A hedge fund manager pushing Intrawest Corp. – the owner of Copper Mountain and operator of Winter Park – to sell itself has gobbled up more shares of the ski resort and realestate development company. Pirate […]

New way to play distressed companies: Acquire the stock

Pittsburgh Post-Gazette – Daniel Arbess got a call from a broker in early February pitching him shares of Riverstone Networks Inc., a Santa Clara, Calif., Internet-equipment company that had filedfor bankruptcy protection the day before. Like others willing to take […]

Battered Bawag Aims to Show it’s Solvent

New York Post – Bawag, the Austrian bank whose own web of intrigue is beginning to rival Refco’s, is still working feverishly to strike a deal with the defunct future-trading giant’s creditors,according to reports. Reeling from a month of disclosures […]