Tag Archives: hedge fund
Ex-Goldman Trader, Deephaven Asia Head Bhatia Plans Hedge Fund
Bloomberg – Sanjiv Bhatia, a former head of Goldman Sachs Group Inc.’s Asia equity trading desk, plans to start a hedge fund to trade securities of Asian companies whose valuations are affected by mergers, reorganizations and changes in structure. Bhatia, […]
Moody’s keeps top ratings on Brevan Howard funds
Reuters – Credit ratings agency Moody’s has maintained its top ratings on four portfolios run by Europe’s biggest hedge fund, firm Brevan Howard, which it initially awarded before the industry crisis last year. The “OQ1” ratings, which denote an excellent […]
Soros to Invest $1 Billion in Clean Energy, Form Advisory Group
Bloomberg – Soros, the founder of hedge fund Soros Fund Management LLC, announced the investment in Copenhagen on Oct. 10 at a meeting on climate change sponsored by Project Syndicate. The group is an international association made up of 430 […]
K2 Asset Management to Start Its Fourth Equities Hedge Fund
Bloomberg – K2 Asset Management Ltd., a listed Australian hedge-fund firm managing about $650 million in assets, is planning to start a global equities fund that seeks to profit as the worldwide stock market rally spreads to smaller companies. The […]
Hedge Firm Says Chief Will Retire
NYT – James H. Simons, one of the most respected money managers in the hedge fund industry, told investors Thursday he planned to step down from day-to-day management of Renaissance Technologies, the firm he founded over 30 years ago. Mr. […]
Ex-Morgan Stanley Vet To Launch Hedge Fund
Emii.com – Former Morgan Stanley co-president, Zoe Cruz, is planning to launch her own hedge fund, The Wall Street Journal reports. Cruz expects to launch Voras Capital Management with at least $200 million, and is likely to invest in a […]
Banks offering credit again in hedge fund land grab
Forbes – Prime brokers are offering hedge funds more credit at a lower cost in a desperate battle for market share, although the biggest hedge funds are reluctant to move away from brokers they consider safe. With the risk of […]
Hedge fund assets rebound, near $2 trillion-report
Reuters – Rising markets and a fifth straight month of investors adding money pushed hedge fund assets close to $2 trillion in September, according to industry research firm HedgeFund.net. Globally, hedge fund assets rose nearly 3 percent last month to […]
SEC And Manhattan DA Investigate Southridge Capital
Forbes – Southridge Capital Management, a Ridgefield, Conn., hedge fund firm run by Stephen Hicks that primarily employs an investment strategy known as PIPEs, is under investigation by the Securities and Exchange Commission and Manhattan District Attorney Robert Morgenthau. The […]
Hedge fund NewSmith pays members 29 million pounds
Reuters UK – London-based hedge fund firm NewSmith paid its senior staff 29.4 million pounds last year despite some of its investments running into trouble during a volatile year for markets. NewSmith, one of the hedge fund firms to appear […]
Chicago hedge fund owner pleads guilty to 1 count of wire fraud in Tom Petters fraud case
AP – A Chicago hedge fund owner accused of helping prop up the alleged Tom Petters Ponzi scheme has pleaded guilty to one count of wire fraud. Appearing in federal court in St. Paul on Wednesday, Gregory Bell admitted helping […]
Delphi emerges from Chapter 11 after 4 years
Associated Press – Delphi nearly emerged from Chapter 11 last year, but was forced to redraw its reorganization plan after a group of investors, led by the Appaloosa Management LP hedge fund, pulled out of an investment deal in April […]
