Tag Archives: money-managers
Nordic Commodity, ECM Post Top Power Hedge-Fund Gains
Bloomberg – Energy Capital Management and Nordic Commodity Funds AB’s hedge funds are outperforming the competition in European energy markets, where power prices fell as much as 17 percent last month from a record. Energy Capital’s MMT fund returned 19.2 […]
Turnberry Capital to liquidate its fund
Stamford Advocate – A Greenwich hedge fund company is among hundreds of the risky investment entities that have closed or are projected to close this year amid volatile equity and commodity markets. Turnberry Capital Management told investors last week that […]
Hedge Fund SageCrest Files for Bankruptcy
New York (HedgeCo.Net) – Greenwich-based hedge fund SageCrest Finance has filed for Chapter 11 bankruptcy protection. The credit opportunity fund, which grants short-term loan to companies left with few financing alternatives, said its recent losses were due to the condition […]
Hedge Fund Harbinger Buys Nearly 5% of Cablevision
West Palm Beach (HedgeCo.net) – Harbinger Capital Management, an activist hedge fund, has accumulated a 4.9% stake in Cablevision Systems Corp, according to The Wall Street Journal. In a regulatory filing, Harbinger said that it had bought 11.45 million of […]
Turnberry Hedge Fund to Liquidate
New York (HedgeCo.Net) – Turnberry Capital Management LP has decided to close its doors and liquidate its assets, after many investors inquired about getting their money back. The hedge fund, which specializes in purchasing distressed debt, once held approximately $800 […]
Public Pension Fund Hoping to Up Hedge Fund Stake
New York (HedgeCo.Net) – At a time when most investors are becoming increasingly weary of high risk hedge funds, public pension funds are upping their stake, hoping to make up for recent lackluster performances. New York State has a cap […]
Barratt shares soar on hedge fund interest
Financial Times – Shares in Barratt Developments led the housebuilding sector higher on Monday morning as it revealed a US fund manager had increased its stake in the heavily-indebted company to more than 6 per cent. Polaris Capital Management, a […]
NFL Owners Could Put up a Steel Curtain to Hedge Fund
New York (HedgeCo.Net) – Mention the Pittsburgh Steelers and there are certain things that may come to mind. Five Superbowl rings, their dominance in the 70’s, or maybe even greats like Lynn Swan and Terry Bradshaw. But what always comes […]
New York Hedge Funds Need Quick Turnaround
New York (HedgeCo.Net) – New York’s top 100 hedge funds are in trouble and can’t seem to get out of the red, according to performance reports obtained by the New York Post. Prominent hedge funds are still trying to recover […]
