Tag Archives: hedge fund


State Street to administer Caxton hedge funds

June 26, 2009 : Permalink

Boston Globe – State Street Corp., which specializes in serving institutional investors and wealthy customers, said Thursday it has been selected to provide hedge fund administration services for about $6 billion in assets advised by Caxton Associates. State Street’s hedge […]

Obama loves hedge funds

June 26, 2009 : Permalink

Reuters Blogs – The big winner in the Obama administration’s financial regulatory reform package is the beaten-up hedge fund industry. Hedge funds get a particularly “light touch” when it comes to government oversight in the Obama plan. Essentially, the administration […]

Hedge fund firm Polar assets fall, sees new inflows

June 25, 2009 : Permalink

Reuters – Hedge fund firm Polar Capital reported a fall in assets but has seen net inflows in recent months and said on Wednesday it was looking "more aggressively" at buying firms in distress. Polar said assets under management fell […]

Montier quits SocGen for hedge fund

June 25, 2009 : Permalink

Reuters – One of London’s top analysts, James Montier, has resigned from French bank Societe Generale to join a hedge fund, a source with knowledge of the situation said on Thursday. The source did not say which hedge fund has […]

Hedge fund firm Polar Capital says assets $1.54 bln

June 24, 2009 : Permalink

Reuters – Hedge fund firm Polar Capital said on Wednesday that its assets under management had fallen to $1.54 billion at end-May compared with $3.1 billion at end-March 2008. The firm said pretax profit for the year to March 31 […]

Mellon Capital readying multi-strat hedge fund

June 24, 2009 : Permalink

Reuters – Mellon Capital Management, which invests money for pension funds and others, plans to launch a new hedge fund in August, a top executive said on Tuesday. The new portfolio, which is slated to become the group’s flagship hedge […]

SEB fund arm plans credit hedge fund

June 24, 2009 : Permalink

Reuters – The fund management arm of Swedish banking group SEB is planning to launch a global credit hedge fund in the autumn to take advantage of mis-pricing opportunities in the credit markets. Peter Branner, global head of investment management […]

BlueMountain to post record returns

June 24, 2009 : Permalink

Financial Standard – US-based hedge fund BlueMountain Capital Management hopes its forecast 20 per cent plus returns, lower fees and new liquidity rules will appeal to local super funds allocating new money into alternative strategies. Hedge funds are a hard […]

Sumitomo Trust Finance to Start New Japan-Focused Hedge Fund

June 23, 2009 : Permalink

Bloomberg – Sumitomo Trust Finance (H.K.) Ltd., the asset-management unit of Japan’s fifth-biggest bank, will start a new multi-strategy hedge fund that invests in Japanese stocks, index options, futures and credit-default swaps. The Tactical Equity Concepts-Japan Fund, also called TEC- […]

No access to Delphi’s books for bidders -paper

June 23, 2009 : Permalink

Reuters – Hedge funds that provided bankrupt U.S. auto parts maker Delphi with debtor-in-possession (DIP) financing are not getting access to the firm’s books, hindering their ability to make a takeover offer, the New York Post reported, citing a person […]

Hedge Fund’s Bid for Sotheby’s Shares

June 23, 2009 : Permalink

Barron – Shares of auctioneer Sotheby’s have rebounded on hopes for a recovery in the art market, although the economic picture is still difficult to frame. However, although investors have bid up the shares in recent months, the stock still has […]

Harbinger Capital Takes Position in Zapata

June 23, 2009 : Permalink

Seeking Alpha – In a 13D filing with the SEC, Harbinger Capital Partners has revealed a new position in Zapata Corporation due to activity on June 17th, 2009. This is a brand new position for the hedge fund and it […]