Tag Archives: investments
Former Fannie Mae executive to become Fortress CEO
CNBC – Fortress Investment Group LLC has named former Fannie Mae CEO Daniel H. Mudd as its new CEO, effective Aug. 11. Mudd, a Fortress board member, takes over for co-founder and majority shareholder Wesley Edens. Edens will remain with […]
Ex-Pimco Palghat to Double Assets in Fixed-Interest Hedge Fund
Bloomberg – Kapstream Capital, Australia’s biggest fixed-income hedge fund, will almost double assets under management in the next month as pension funds seek returns in all market conditions. The Sydney-based firm has secured investments that will take funds it oversees […]
For New Jersey Governor, a New Fund-Raising Reality
New York Times Blogs – Of all the gloomy economic indicators since the Wall Street collapse, perhaps the most startling one seen by New Jersey residents is this: Gov. Jon S. Corzine with his hand out. Mr. Corzine, whose investments […]
Meiji Yasuda, With $244 Billion, to Cut Hedge Funds Holdings
Bloomberg – Meiji Yasuda Life Insurance Co., with 23 trillion yen ($244 billion) in assets, said it will cut its investments in hedge funds this year as it switches to investments with steadier returns. Japan’s third-largest life insurer will reduce […]
Penjing’s Wu to Expand Seeding of New Hedge Funds
Bloomberg – Ronnie Wu, chief investment officer of the $400 million hedge fund of funds house Penjing Asset Management Ltd., will start a pool of money dedicated to providing early investments to new hedge funds next month. It aims to […]
Hedge fund investors to demand more data
Reuters – Many hedge fund investors burned by last year’s market meltdown will likely demand a system of checks and balances in which outsiders keep a closer watch over assets, data released on Wednesday show. Pension funds, endowments and wealthy […]
Rating agencies blamed for securities mispricing
The Guardian – The BIS said the retreat from riskier investments such as stocks in favour of safer bonds could pressure stock markets, delaying their recovery. "Similarly, the decline in the pension wealth of households participating in defined contribution plans […]
CDC Invests $10 Million In Rabo Equity Advisors’ Agri Fund
VC Circle – UK fund of funds CDC Group Plc has committed $10 million to Rabo Equity Advisors’ India Agri Business Fund. This investment is part of CDC’s new investment policy which came into effect on January1, 2009, according to […]
REFILE-Activist funds ditch Japan, leave governance void
Interactive Investor – The retreat of two high-profile activist funds from Japan underscores the difficulties such funds face in squeezing value from their investments and raises worries about lax corporate governance in the world’s second-biggest economy. The Children’s Investment Fund […]
Volkswagen hedges offset lower Porsche earnings
Guardian.co.uk – Big gains on derivative bets linked to Volkswagen shares offset a decline in nine-month earnings at Porsche SE’s core sports car business, the heavily indebted holding company said on Friday. Porsche, scrambling to shore up its tattered balance […]
CIC Said to Invest $500 Million in Hedge Funds, Blackstone
Bloomberg – China Investment Corp., the nation’s $200 billion sovereign wealth fund, may invest as much as $500 million in hedge funds including those run by Blackstone Group LP, said two people familiar with the matter. CIC aims to allocate […]
China’s Sovereign Wealth Fund Aims to Invest in Hedge Funds
Bloomberg – Felix Chee, an adviser to China’s $200 billion sovereign wealth fund, said it aims to make investments in hedge funds. “We will have a preference for managed accounts,” he said in an interview today at the GAIM International […]
