Category Archives: Syndicated

Hedge fund talking with Spitzer, SEC over $100M pact: WSJ

SAN FRANCISCO (MarketWatch) – Millennium Partners LP, a $5 billion hedge-fund firm run by Israel Englander, is in talks with New York Attorney General Eliot Spitzer and the Securities and Exchange Commission about settling securities-fraud charges, the Wall Street Journal […]

Storebrand establishes four hedge funds in Luxembourg – Forbes

LONDON (AFX) – Storebrand Investments said it established four hedge funds in Luxembourg aimed at the institutional market during the third quarter. The four long/short equity funds are in addition to the firm’s active credit, tactical asset allocation and global […]

Hedge Funds: Carlo’s Way

J. Carlo Cannell is giving me tips on cooking with a Crock-Pot, which he does in his San Francisco office. “I like to ram in a whole turkey, cook it all day, and then serve it with cranberry and some […]

Hedge fund firm Permal resigns Haussmann mandate

LONDON, Nov 3 (Reuters) – Permal Group, one of the world’s biggest hedge fund firms, said on Thursday it has withdrawn from the consortium that manages Haussmann Holdings because of its decision to broaden its mandate to be more global. […]

Hedge fund fraud less likely in Europe – CNN

LONDON (Reuters) – The risk that hedge funds will defraud investors is lower in Europe than in the United States, because most European hedge funds turn to independent administrators to value their books, hedge fund analysts said. A lack of […]

SEC Short-Sale Probe Turns to Gryphon Fund – TheStreet.com

It’s been a rough year on the regulatory front for the Dallas hedge fund Gryphon Partners. In April, Jonathan Daws, a former Gryphon portfolio manager, pleaded guilty in federal court to a conspiracy charge arising from a scheme involving confidential […]

Hedge fund deadline fast approaching – CNN

NEW YORK (CNN/Money) – The deadline for hedge fund registration in the United States isn’t officially until early next year, but managers may have less time than theythink they do to deliver the paperwork. That’s because the Securities and Exchange […]

PAAMCO says checks can reveal hedge fund problems – Reuters.uk

LONDON (Reuters) – Fraud allegations against U.S.-based Bayou and Wood River have scared some investors away from hedge funds, but Pacific Alternative Asset Management Company (PAAMCO) saysbackground and operational checks should highlight any problems. “Conflict of interest is a main […]

Hedge Fund Self-Regulation May Bring Redemption – Bloomberg

Nov. 2 (Bloomberg) — It has been a terrible few weeks for hedge funds. In London, GLG Partners LP, one of the biggest companies in the industry, is under investigation. In New York, Refco Inc., one of the main brokers, […]

KGR Capital UK-listed fund of Asian hedge funds

KGR Capital is pleased to announce the proposed launch, in November, of KGR Absolute Return PCC Limited, a Guernsey incorporated, London-listed, closed-end investment company. Dresdner Kleinwort Wasserstein is acting as Sponsor to the launch and Kleinwort Benson (Channel Islands) Fund […]

Hedge Funds: The House of Izzy Englander

Fortune – Izzy Englander built one of the most successful hedge funds around. But will his investors stick with him once they realize that the next big hedge fund scandal may be brewing right under their noses? By Marcia Vickers […]

Hedge funds in front line

Legal & General yesterday named Peter Chambers as its investment chief in a move that will see more of the insurer’s top fund managers running hedge funds. L&G is the biggest shareholder in the FTSE 100 and Mr Chambers said […]