Tag Archives: first quarter


Ex-Lehman Banker Filippi Raises $35 Million for Commodity Fund

Bloomberg – Edward Filippi, previously with Lehman Brothers Holdings Inc., raised $35 million for a hedge fund investing in energy, metals and agricultural derivatives. The Ground Zero Strategic Commodities Fund may begin trading in the first quarter of next year, […]

Top Solar Investing Hedge Fund List

HedgeTracker – The top solar hedge fund investor is Lee Ainslie’s Maverick Capital. Mr. Ainslie is a “Tiger Cub,” or a former protégé of Julian Robertson of Tiger Management. As of Q1 ’09, the fund had $180.33mm of its $5,529mm, […]

Gendell’s New Tontine Hedge Fund Off To Strong Start

Wall Street Journal – Jeffrey Gendell’s new hedge fund returned more than 25% during its first quarter, as bets on energy and a steady economic recovery paid off, according to a letter the manager sent recently to investors. Gendell, who […]

Freddie Mac reports first profit in two years

Reuters – Freddie Mac, the second largest provider of U.S. home mortgage funding, on Friday posted its first quarterly profit in two years as gains from hedges and a one-time accounting change offset still-lofty credit losses. For the first quarter […]

Fixed income unit boosts BNP Paribas CIB revenues

Boston Globe – French bank BNP Paribas’s revenues from corporate and investment banking nearly doubled in the second quarter as robust investor demand boosted revenues from the bank’s fixed income business unit. BNP Paribas’s CIB revenues totaled 3.351 billion euros […]

Hedging for the future

Charity Times – Putting it into perspective, at January 1 2008 there was $9.7trn of hedge funds assets invested, at the end of 2008 it was $3trn, a massive loss in capital. This year, hedge funds gained 2.41 per cent […]

Lehman administrators plan assets return

ninemsn – Administrators for the main European unit of bankrupt US investment bank Lehman Brothers Holding Inc have revealed plans to return frozen hedge fund assets to creditors. This could start as early as next year. PricewaterhouseCoopers, Lehman Brothers International […]

Lehman’s U.K. Administrator Seeks to Return Hedge-Fund Assets

Bloomberg – Lehman Brothers Holdings Inc. may return hedge-fund assets as soon as next year that were frozen when the New York-based securities firm collapsed in the largest bankruptcy on record. PricewaterhouseCoopers, Lehman Brothers International Europe’s administrator, plans today to […]

K+S, Potash Sellers Sink as Rival’s India Contract Roils Market

Bloomberg – K+S AG, Europe’s largest maker of potash for fertilizers, and competitor Israel Chemicals Ltd. fell in local trading after a Russian rival’s contract in India prompted speculation that prices will come under pressure. The drop mirrors declines at […]

Hedge funds still causing some jitters

This is Money – Institutional investors are still running scared from hedge funds after last year’s bloodbath, figures from sector giant Man Group show. They pulled a net £2bn from Man Group in the first quarter of its financial year. […]

Man Group sees net inflow from private investors

Reuters UK – Man Group, the world’s biggest listed hedge fund firm, reported a rise in sales to private investors and said it expects to return to overall net client inflows in its second half, boosting its shares. In a […]

Man Group funds drop, but withdrawals are slowing

MENAFN –  U.K. hedge fund manager Man Group reported a further decline in its assets under management Thursday, but said institutional customers have significantly slowed their withdrawals and private investor sales have been strong. The group said funds under management […]