Tag Archives: board-of-directors
Capital Z Adds 10-Year Bear Stearns Marketing Vet
FINalternatives- Hedge fund seeder Capital Z Asset Management has hired a Bear Stearns veteran to head up its marketing effort and support its portfolio funds. James Marrone was named a partner and chief marketing officer at New York-based CZAM. Marrone […]
Hedge firm SAIL hires former Goldman exec as CEO
Reuters HK- SAIL Advisors Ltd, one of Asia’s largest homegrown fund of hedge fund managers, said on Wednesday it hired former Goldman Sachs Group Inc managing director Vincent Duhamel as its new chief executive. Hong Kong-based Duhamel will replace Eliza […]
Amidst Rumors About Jobs Health Problems, Apple Shares Drop
eFluxMedia- Quoting an unnamed Wall Street source, the New York Post said that Apple’s hedge fund investors are very worried after Steve Jobs appearance at MacWorld 2008. In June, Apple downplayed the rumors rumors and speculations regarding Steve Jobs’ health. […]
Asset manager Aberdeen says funds grow 6 pct
Guardian Unlimited- Aberdeen Asset Management said on Friday its assets had grown 6 percent despite turbulent markets and had also earmarked higher cost savings to offset falling earnings, pushing its shares up. The fund manager said its assets under management […]
Charming’s CEO Bern Squeezed Out By Funds
New York Post- Women’s clothier Charming Shoppes booted CEO Dorrit J. Bern less than two weeks after a pair of dissident hedge funds officially secured seats on the board. Board-level talks to oust Bern, who’s eligible to earn up to […]
Citigroup’s head of hedge fund services leaves
BusinessWeek- Citigroup Inc.’s head of hedge fund services is leaving the company, according to an internal company memo. Steve Bowman has worked at Citi, now the nation’s largest bank by assets, for 24 years in both the New York and […]
Hedge Fund Eyes Trimming Hardee
New York Post- New York hedge fund Ramius took a bite out of CKE Restaurants Inc. – the owner of burger joints Hardee’s and Carl’s Jr. – with a scathing letter sent to CEO Andrew Puzder. Blasting him for the […]
Hedge Fund Suicide
West Palm Beach (Hedge Co.Net)- Kirk Sean Wright, CEO of hedge fund International Management Associates of Atlanta hanged himself in a Union City jail cell Saturday night. Wright was convicted by a federal jury on 47 counts of mail fraud, […]
