Tag Archives: growth-prospects


Spice Finance and 3 Degrees Launches Singapore/India Special Situations Private Equity Fund

West Palm Beach (HedgeCo.net) – Spice Finance, the financial services arm of the $1.5 billion B. K. Modi Group, has entered into a first-of-its-kind strategic joint venture with Singapore-based 3 Degrees Asset Management to launch the Spice 3 Degrees Special […]

Smart money sees Brink’s Home Security as a “rock”

Reuters – It would be hard for many to imagine hedge funds buying stock in a U.S. company with the word "home" in its name in the worst housing downturn since the Great Depression — let alone speak admiringly of […]

Small New Star Funds Extinguished

Financial Times – New Star has closed two of its hedge funds after withdrawals of the crisis-hit fund manager’s internal capital left them too small to survive. The manager has shut its three-year-old Firefly fund after Harry Tyser, its manager, […]

Hedge funds count the cost of trading losses

Guardian.co.uk – Hedge funds and banks are expected to bear the brunt of derivative losses estimated at $15bn (£9.4bn) linked to the collapse of Iceland’s three major banks – Landsbanki, Glitnir and Kaupthing – which failed in rapid succession last […]

EU’s enthusiasm for new global financial order

People – Bowing to Europe’s enthusiasm fora new global financial order, U.S. President George W. Bush has agreed recently to host a world summit on reforms of the international financial system. After a weekend meeting at Camp David some 100 […]

Hedge funds bolster self-regulation drive

Reuters – The Hedge Fund Standards Board, the body set up to develop voluntary standards in the industry, said on Wednesday it now represents about half of hedge fund assets in Europe. The announcement comes as hedge funds attempt to […]

Pharos Russia Funds Resilient, but Drop With Russian Market

West Palm Beach (HedgeCo.net) – Conservatively positioned given the high level of stress that existed on the global financial system, the 3 Pharos Russia Funds’ current strategy uses alpha generation which comes from a combination of stock selection and active […]

They Just Don’t Get It

Washington Post – That is the technical economic term that best sums up a day in which the House of Representatives refuses to pass a $700 billion rescue plan pushed by the White House and congressional leaders from both parties, […]