Tag Archives: korea-times
Pawnshops Booming Through Economic Slump
Korea Times – Getting wedding invitations has become a new stress factor for 28-year-old Cho Mi-young who already has three to attend next month. That’s because each event costs her about 50,000 to 100,000 won on congratulatory cash gifts. Knowing […]
Lee Sustains Losses, May Shut Down Two Hedge Funds
New York (HedgeCo.Net) – Hedge fund investor Thomas H. Lee may downsize or shut the door to two of his funds after posting losses of about 40 percent this year, according to the Wall Street Journal. The funds, which together […]
Credit Crunch Rocks Bain, as Funds Fall Up to 50%
Wall Street Journal – Some high-profile Bain Capital credit-investment funds are choking on losses of as much as 50%, said people familiar with the matter, the latest revelation in a day of shake-ups across the hedge-fund business. The private-equity firm’s […]
Hedge Fund Gartmore Launches Absolute Return Fund
West Palm Beach (HedgeCo.net) – Hedge Fund manager Gartmore Investment Management Limited is launching the Gartmore European Absolute Return Fund, to be co-managed by Roger Guy and Guillaume Rambourg, subject to regulatory approval. The new fund will be a UCITS […]
Unigestion Hires Former Julius Baer Manager as Head of Hedge Funds
West Palm Beach (HedgeCo.net) – Privately owned asset manager, Unigestion, has appointed Konstantinos Iordanidis as Managing Director and Head of Hedge Funds. Unigestion has $11 billion invested in hedge funds, private equity funds and quantitative equity strategies. Iordanidis is a […]
Jack Nash, Pioneer in Hedge Funds, Dies at 79
New York Times Blogs – Jack Nash, a former chairman of Oppenheimer & Company who helped pioneer the modern hedge fund business, died July 30 in Manhattan. He was 79. He died at Mount Sinai Medical Center after a long […]
Two New Additions To BNP Paribas’ Hedge Fund Team
West Palm Beach (HedgeCo.net)- BNP Paribas has appointed Thomas Mahala and Jason Miller to its global hedge fund relationship management team (HFRM). BNP Paribas now has over a dozen relationship management professionals located in New York, London and Hong Kong […]
