Tag Archives: 60-million


Hedge fund FRM unit to invest $60 mln in new fund

Forbes – Global fund of hedge funds firm FRM Capital Advisors (FCA) said on Tuesday it will invest up to $60 million in New York-based asset manager WestSpring’s first fund. Specialist hedge fund seeder FCA said the investment is part […]

FCA To Invest $60M In WestSpring HF

Reuters – Global fund of hedge funds firm FRM Capital Advisors (FCA) said on Tuesday it will invest up to $60 million in New York-based asset manager WestSpring’s first fund. Specialist hedge fund seeder FCA said the investment is part […]

FRM unit to invest $60 million in new fund

Reuters India – Global fund of hedge funds firm FRM Capital Advisors said on Tuesday it will invest up to $60 million in New York-based asset manager WestSpring’s first fund. Specialist hedge fund seeder FCA said the investment is part […]

For New Jersey Governor, a New Fund-Raising Reality

New York Times Blogs – Of all the gloomy economic indicators since the Wall Street collapse, perhaps the most startling one seen by New Jersey residents is this: Gov. Jon S. Corzine with his hand out. Mr. Corzine, whose investments […]

5:15 Capital Starts Hedge Fund With Nod to Who Song

Bloomberg – Three traders from Brevan Howard Asset Management LLP and RBS Greenwich Capital Markets started a government-bond hedge fund named for one of their favorite songs by the Who. 5:15 Capital Management LLC, named for the track “5:15” on […]

Bayou Hedge Fund Exec Sentenced

North Country Gazette – The brother of the former chief financial officer of the bankrupt hedge fund firm Bayou Group LLC has been sentenced to 21 months in federal prison of his role in concealing a $400 million fraud.   […]

Miami CEO Dishes Out $60 Million to Thank Employees

New York (HedgeCo.Net) – While some top banking execs choose to blow millions on lavish area rugs or fancy, non functional commodes, Leonard Abess Jr. of Miami-based City National Bank had a better idea; give back to the people who […]

Hedge fund’s Chanos-financials have seen the worst

Reuters – Hedge fund manager Jim Chanos, who makes money betting that companies’ stock prices will fall, said financial stocks have probably seen the worst and his fund has fewer short positions now than it did in the past. "We […]

New York Hedge Funds Need Quick Turnaround

New York (HedgeCo.Net) – New York’s top 100 hedge funds are in trouble and can’t seem to get out of the red, according to performance reports obtained by the New York Post.  Prominent hedge funds are still trying to recover […]