Tag Archives: hedge fund
New Zealand Hedge Fund Partners Offshore Investors With Local Clean Tech Experts
New York (HedgeCo.net) – A new hedge fund is being launched to bridge the distance barrier between New Zealand and the rest of the world. Milestone Capital has established the Rutherford Innovation Fund to raise capital and back innovative companies […]
RCM plans new hedge funds to boost sector assets
Guardian – RCM, Allianz’s equity fund management unit, is launching two new hedge fund products aimed at increasing its assets under management in the sector by more than 50 percent, its Chief Investment Officer said. Andreas Utermann told Reuters that […]
Citadel earned about $1 bln from high frequency trades
WSJ – Citadel Investment Group LLC earned about $1 billion last year from a unit involved in high frequency trading, the Wall Street Journal said, citing the testimony of a former employee of the hedge fund firm. According to the […]
Shumway: Another Hedge Fund Falls for BofA
Chris Shumway runs a $5 billion hedge fund and is best known for intensive fundamental research to create long/short equity portfolios. He is a ‘Tiger Cub’ because he formerly served as Julian Robertson’s right-hand man while at Tiger Management. Taken […]
Adaptec says Steel Partners would gut company
Reuters – Adaptec Inc, target of a proxy war led by Warren Lichtenstein’s Steel Partners, said on Tuesday the activist hedge fund wants to gut the data storage technology company, shed assets and create an acquisition vehicle fueled by Adaptec’s […]
GLG launches distressed fund targeting European company debt
CityWire – Hedge fund giant GLG Partners has launched a fund to exploit the debt problems across European corporations, according to report in the Financial Times. GLG, one of the world’s largest alternative asset managers, is said to have started trading […]
SF says Lisbon is bad deal for Ireland
Belfast Telegraph – Finance Minister Brian Lenihan is asking Libertas leader Declan Ganley to confirm that his financial backers are not betting against Ireland on the international markets. Reports over the weekend named a hedge fund as being one of […]
EU hedge fund directive ‘could be softened’, says Liberal Democrat chair
Guardian – Britain’s efforts to soften a European directive aimed at imposing tough regulation on hedge funds and private equity firms has the support of most of the European Parliament, says Sharon Bowles, Liberal Democrat chair of the parliament’s Committee […]
US tax chiefs target loans from hedge funds offshore
Reuters – U.S. tax authorities have advised staff in New York to pursue legal cases against hedge funds and companies that avoided taxes through loans that originated in the United States but are approved offshore. The Internal Revenue Service, in […]
Griffin’s Citadel Securities to Unveil Credit Team in October
Bloomberg – Citadel Investment Group LLC will formally open its credit business next month as the $13.5 billion hedge fund founded by Ken Griffin expands into the market for leveraged loans and high-yield, high-risk bonds. The new group, part of […]
