Tag Archives: hedge fund
Brazil’s Top Hedge Fund Says Real Rally Almost Over
Bloomberg – Most of the gains in Brazil’s currency and interest-rate futures markets this year are over, said Beny Parnes, chief strategist at BBM Gestao de Recursos Ltda., manager of Brazil’s top-performing hedge fund. BBM pared back leveraged bets that […]
Hedge fund firm RAB says assets fall 32 percent
Forbes – Hedge fund firm RAB Capital said on Wednesday that assets under management fell 32 percent in the six months to June but said clients had started putting money into its single strategy funds since April. The firm said […]
Highland Fund Sued by Schulte Roth for $2.83 Million
Bloomberg – Highland Capital Management LP, the Dallas-based investment firm that’s liquidating its main hedge fund, was sued by attorneys Schulte Roth and Zabel LLP for allegedly not paying $2.83 million in legal fees. The New York-based law firm initiated […]
Halfway There: New Hedge Fund Research From Credit Suisse/Tremont
HedgeCo.net (West Palm Beach) – Credit Suisse Tremont Index LLC released a new research piece, 1H 2009 Hedge Fund Update: Halfway There, a review of how hedge funds have repositioned themselves in the first half of 2009 to generate positive […]
SRM Global loses Northern Rock compensation appeal
Times Online – SRM Global, the hedge fund that became the largest shareholder in Northern Rock, said yesterday that it would continue its fight for government compensation after losing its second legal challenge. The fund, which owned 11.5% of Northern […]
RAB says clients returning to some hedge funds
Reuters UK – Hedge fund firm RAB Capital said on Wednesday that clients had started putting money back into some of its funds helped by a recent upturn in performance, adding to signs the industry may be recovering. The firm, […]
Why Polygon Is Losing Pace
Forbes – Markets around the world have been rallying all year. So how did Polygon’s flagship hedge fund manage to lose money? Polygon Global Opportunities Master Fund delivered a negative 2.92% net return as of June 30, lagging far behind […]
Few Hedge Funds Started In Europe This Year, Raising Little
NASDAQ – The pace of new European hedge fund launches has stalled this year after the industry’s dismal 2008 performance made investors unwilling to back new ventures. Data provider EuroHedge Monday said just 47 funds started trading in the first […]
RPT-EXCLUSIVE-Costas launches boutique bank and a 2nd act
CNN Money – John Costas, who helped make UBS AG into one of the world’s biggest investment banks, wants to build a lasting Wall Street player — and put the 2007 demise of hedge fund Dillon Read Capital Management behind […]
Hedge fund GLG backs oil venture with eye for London listing
Telegraph.co.uk – The hedge fund, which has $11bn (£6.7bn) of assets under management, will be the cornerstone investor in the new company called Lothian which will buy oil assets around the world and manage them. The plan is for Lothian […]
Market Chatter — Corporate finance press digest
Reuters – The following corporate finance-related stories were reported by media on Friday: * Fortress Investment Group, among the largest private equity and hedge fund firms, is looking to go on an acquisition drive, the Financial Times said, citing a […]
