Tag Archives: hedge fund
Multi-strategy Malta Hedge Fund Launch
HedgeCo.net (West Palm Beach) – Golden Hedge Umbrella Sicav has launched a multi-strategy hedge fund and is currently looking for seed investors. The Golden Hedge Multi-Strategy Fund, Malta domiciled, is the first subfund of the umbrella structure, run by Andreas […]
Neptune buys Man Group, sees M&A among fund firms
Reuters – Equity investors are too negative about the hedge fund industry, says Neptune’s Jeremy Smith, who has recently bought shares in Man Group and expects more consolidation among traditional fund firms. Smith, who manages the 42 million-pound Neptune UK […]
Hedge Fund CFO Says Boss Made Him Fall Guy
Courthouse News Service – The founder and general partner of a $5 billion hedge fund used the company’s CFO as a scapegoat when investors found out he used their money to buy a private Gulfstream jet, the former CFO claims […]
Ex-Man team backs Bayswater hedge fund relaunch
Reuters – Bayswater Asset Management, a computer-driven hedge fund shut down last year after big losses during the credit crisis, has relaunched after revamping its risk management controls, its new backers said on Wednesday. San Francisco-based Bayswater had initially been […]
Investment Firms’ Donations May Be Curbed
istockAnalyst.com – The Securities and Exchange Commission unanimously endorsed the proposal amid widening investigations of so-called pay-to-play donations by private equity and hedge fund executives who jockey for lucrative fees to manage some of the more than $2.2 trillion in […]
Tokio Marine to Cut Hedge-Fund Investments This Year After Rout
Bloomberg – Tokio Marine Holdings Inc., Japan’s biggest casualty insurer, plans to trim hedge-fund investments and shift more of its portfolio in the industry to strategies such as macro and long-short equity funds. Tokio Marine & Nichido Fire Insurance Co., […]
Man team backs Bayswater hedge fund relaunch
The Guardian – Bayswater Asset Management, a computer-driven hedge fund shut down last year after big losses during the credit crisis, has relaunched after revamping its risk management controls, its new backers said on Wednesday. San Francisco-based Bayswater had initially […]
Hedging on Hedge Fund Scrutiny Fine With Court: Ann Woolner
Bloomberg – Let’s say you hand a million dollars or more to an investment advisory firm that boasts a sterling reputation, grand results and a promise to thoroughly investigate hedge funds before recommending them. For all the claims of super […]
Man puts $50 million with ex-Brevan Howard traders
Reuters – A portfolio run by Man Group, the world’s biggest listed hedge fund firm, has invested $50 million (30 million pounds) in a new start-up fund run by three former Brevan Howard traders. Man’s RMF Global Emerging Managers strategy […]
Report: Hedge fund owner in Petters case denied bail
Birmingham Business Journal – The owner of a Chicago hedge fund charged with helping Tom Petters fund his $3.5 billion alleged Ponzi scheme was denied bail Tuesday, reversing a bail decision last week, according to media reports. Gregory Bell was […]
Trade Policy 2009-12: Insurance of int’l buyers, hedge funds to be provided
Daily Times – (Islamabad) The government intends to establish hedge fund under Trade Policy 2009-12 to keep the cost of capital, production cost and also account for inflation so that export orders remain within the projected cost. In order to […]
Perry hedge fund settles with SEC over Mylan stake
Reuters – Hedge fund firm Perry Corp will pay $150,000 to settle accusations that it failed to report a substantial stake in Mylan Inc, purchased to support a proposed 2004 takeover of King Pharmaceuticals, the U.S. Securities and Exchange Commission […]
