Tag Archives: qualitative-assessment
Och-Ziff Funds Greenhouse Gas Credits to Bury Carbon
Bloomberg – Och-Ziff Capital Management Group LLC will invest as much as $500 million in projects that bury greenhouse gases blamed for global warming and create tradable emissions credits. Och-Ziff, the hedge-fund firm run by Daniel Och, also bought 10 […]
Rupert Allan Hires Fund Of Hedge Fund Specialist
West Palm Beach (HedgeCo.net) – Established leader in the management of fund of hedge funds, Tremont Capital Management, has appointed Scott R. Metchick as Chief Investment Officer. Metchick brings to Tremont over 20 years of experience in the fund of […]
Fulcrum Group Combines $100bln unit to serve 1000 hedge funds
West Palm Beach (HedgeCo.net) – Fulcrum Group, a leading global administrator for hedge funds and the alternative asset management industry, backed by global private equity firm, 3i, and Butterfield Fund Services (BFS), a top-twenty provider of administration services for investment […]
Baer Capital Taps into India, Launches New Hedge Fund
New York (HedgeCo.Net) – Baer Capital has announced the launch of their new fund that invests in Indian equities, distressed debt and derivatives, further propelling Dubai’s prominence in the hedge fund industry. The Beacon India Alpha Equity Fund is the […]
Man who foresaw credit crunch pays himself £28m
Irish Independant – The fund manager who predicted that the credit crunch would rip a hole through the banking sector has been rewarded with £28m (€35m) in pay and bonuses. Crispin Odey trousered the bulk of the profits made by […]
DIFC denies reports about involvement in Rashed Investment Bank
The DIFC has clarified its position on news reports that have recently appeared regarding ‘Rashed Investment Bank’ an Islamic investment bank which has been proposed to be set up in Dubai. The DIFC said that while it welcomes initiatives within […]
Aozora Net Falls 75% as Fees, Hedge Fund Returns Drop
Bloomberg – Aozora Bank Ltd., the Japanese lender controlled by U.S. buyout fund Cerberus Capital Management LP, said first-quarter profit fell 75 percent as fees declined and returns on investments in hedge funds withered. Net income dropped to 9.33 billion […]
Gupta removed as InfoGROUP chairman
Miami Herald- Database provider InfoGROUP Inc. said Tuesday it has removed founder Vin Gupta as chairman, citing excessive corporate expenditures and expense reimbursements. The changes are the result of an internal investigation, which came in response to an ongoing Securities […]
FRM Hires Award Winning Hedge Fund Manager
West Palm Beach (HedgeCo.net)- Global fund of hedge funds (FOHF) group Financial Risk Management (‘FRM’), has hired Au King-lun, MH, PhD, as Chief Executive Officer of FRM Hong Kong. "The firm has long been known for its strength in serving […]
Hedge Funds Back MEVIO
West Palm Beach (HedgeCo.net)- Hedge funds Sequoia Capital, Sherpalo Ventures, Kleiner Perkins Caufield & Byers, and DAG Ventures were led by Crosslink Capital in investing $15 million in entertainment network MEVIO. Adam Curry, co-founder and president of the company said, […]
JPMorgan Marathon Embrace Begins Dimon Lure of Lost Hedge Funds
Bloomberg- A year after Andrew Rabinowitz yanked his hedge fund’s cash from Bear Stearns Cos. because of concern the Wall Street firm wouldn’t make good on its trades, he’s ready to return. For Rabinowitz’s New York-based Marathon Asset Management LLC, […]
