Tag Archives: hedge fund


RAB Gold hedge fund down 18 percent

Reuters – A hedge fund run by RAB Capital that invests in gold has fallen about 17.5 percent since the start of June, the group said, missing a large rise in the gold price because of bad bets. The $35 […]

Hedge-Fund Assets Rose by $21.4 Billion in August

Blomberg – Hedge-fund assets increased by $21.4 billion in August as managers completed their best year- to-date return in almost 10 years, driven by rising stock markets amid signs of economic recovery, Eurekahedge Pte said. Assets grew for a fourth […]

Ex-Hedge Fund Officer Gets 2 1/3 to 7 Years for Theft

Bloomberg – A former chief operating officer of 3V Capital Management LLC was sentenced to 2 1/3 to 7 years in prison after misappropriating more than $8 million from a Capital fund and stealing almost $1 million more. Mark Focht, […]

New Jersey Nets to Join Capstone Global Markets Charity Event

New York (HedgeCo.net) – The First Annual Capstone Global Markets Charity Day will support research focused on finding a cure to Batten Disease, a rare but fatal neurodegenerative disorder affecting children, October 1st, 2009. The boutique derivatives broker dealer has […]

The hills are alive… with the sound of hedge funds

Guardian – Visitors to Pfäffikon, a small Swiss town on the shores of lake Zurich, would never suspect that they were in a hedge fund hot spot. But many have followed in the wake of London-based Man Group, the world’s […]

Harbinger Capital cuts stake in New York Times Co. to 16.4 pct, calls company a ‘core holding’

Hartford Courant – Harbinger Capital Partners LLC says it has sold part of its 20 percent stake in The New York Times Co., but still considers the company a core holding. The hedge fund said in a securities filing this […]

Falcone’s Harbinger selling 20 million Calpine shares

MarketWatch – Harbinger Capital, a big hedge-fund firm run by Philip Falcone, is selling 20 million shares of power company Calpine Corp. Harbinger Capital Partners Master Fund I Ltd. is selling the stock in a public secondary offering underwritten by […]

Md. gets $9M judgment against former hedge fund

The Examiner – The Maryland attorney general’s office says it has won a $9.5 million judgment against the operator of several former hedge funds. The judgment was granted in Prince George’s County Circuit Court against John Henry Williams. In February […]

Vicis Capital Suspends Redemptions After Hedge Fund Loses 12%

Bloomberg – Vicis Capital LLC, the $2.9 billion hedge fund started by former Lehman Brothers Holdings Inc. trader John Succo in 2004, barred clients from withdrawing money from its main fund after losses this year. The firm received “higher-than-anticipated” requests […]

Deutsche appoints co-heads for Asia prime fin unit

Reuters – Deutsche Bank said on Tuesday it had appointed David Murphy and Nathan Davison as co-heads of its prime finance unit in Asia as it looks to take a bigger share of the market amid the ongoing recovery in […]

CME Partners With Hedge Funds in Restructuring Clearing Services

New York (Hedgeco.net) – CME Group is restructuring its credit default swap (CDS) with hedge fund Citadel Investment Group as a strategic program targeted at providing clearing-only services for the nearly $27 trillion CDS market. Key features developed as part […]

Treasury Group Backs First Hedge Fund With AR Capital Stake

Bloomberg – Treasury Group Ltd., a Sydney-based asset manager, has made its first investment in a hedge fund, taking a 30 percent stake in AR Capital Management. Treasury Group, with six partners managing A$10.9 billion ($9.4 billion) in assets under […]