Tag Archives: forbes
SocGen reducing China fund venture stake – sources
Forbes – French bank Societe Generale (SocGen) plans to reduce its holdings in its China fund joint venture due to regulatory concerns after a global reorganisation, two people familiar with the situation said. SocGen already owns a fund venture with […]
From Peloton To Profit
Forbes – A year ago, Conrad Levy was a player in one of the most spectacular blow-ups in hedge fund history. Peloton Partners, the fund at which Levy was chief compliance and operating officer, collapsed after an outsized bet on […]
Man Group funds under management decline in 1H
Forbes – Man Group PLC, the world’s largest publicly traded hedge fund, said Thursday that funds under management declined in the first half despite a recent growth in private investor sales. The group said it had $43.3 billion in funds […]
CIC To Invest $500M In Blackstone Fund
Forbes – Chinese sovereign wealth fund China Investment Corp is poised to invest around $500 million into a Blackstone Group hedge fund unit, a source familiar with the situation said on Friday. The Wall Street Journal earlier reported the news […]
ECB’s Bini Smaghi wants hedge fund, inv bank regulation
Forbes – There should be regulation for areas which have previously been excluded from supervision such as hedge funds, investment banks and derivatives, European Central Bank Executive Board Member Lorenzo Bini Smaghi said on Friday. ‘There is no problem of […]
US fund manager agrees extradition from HK
Forbes – A Silicon Valley hedge fund manager accused of bilking investors out of at least $5 million has agreed to be extradited from Hong Kong to the United States, a government lawyer said Friday. Fund manager Albert Hu, an […]
Return To Eastern Europe
Forbes – Plummeting stock prices in Eastern European should have made the region full of rich pickings for Western investors, but hedge funds and private equity firms have been sitting on the side lines for the last few months, fearful […]
Hedge fund manager Singer wants limits on leverage
Forbes – Aggressive government action can hurt the market, but regulators should clamp down on excessive borrowing by banks and investors to prevent another credit crisis, veteran hedge fund manager Paul Singer said at a conference. Singer said the current […]
Hedge fund managers leery of activist Uncle Sam
Forbes – Following a brutal 2008 of losses, plunging assets and the Madoff scandal, the activities of the Obama administration were a primary worry among the nearly 500 hedge fund managers and other industry executives gathering at a Las Vegas […]
Gottex says buys SJC Capital Partners
Forbes – Gottex Fund Management Holdings Ltd has bought a controlling interest in SJC Capital Partners, a U.S.-based investment management firm. The fund of hedge funds provider said SJC founder and Chief Investment Officer Stephen Czech and his team would […]
