Monthly Archives: January 2008
Bloomberg Chooses a Friend to Manage His Fortune
New York Times – Mayor Michael R. Bloomberg has chosen the firm of a longtime friend, Steven Rattner, a financier who moves among New York’s power elite, to manage the investments of his multibillion-dollar fortune. The selection, which was announced […]
HEDGE FUNDS Industry inflows slowed during fourth quarter
MarketWatch – The amount of money flowing into hedge funds slowed during the fourth quarter after some managers suffered big losses from the broadening credit crisis, Hedge Fund Research reported on Tuesday. A net $30.4 billion flowed into hedge funds […]
Indian Hedge fund biggies get FII status
Business Standard – Some of the world’s top hedge funds have been granted direct entry into the Indian stock markets, nearly three months after the Securities and Exchange Board of India (Sebi) imposed curbs on foreign investments through the participatory […]
Adept Capital Partners Launches Early Stage Asia Fund
Hong Kong, 16 January 2008: Boutique investment manager Adept Capital Partners has launched a Fund of early stage Asia hedge funds. The Fund aims to capture the superior absolute returns typically generated by dynamic hedge fund managers in the early years […]
Northeastern Chapter of the Hedge Fund Association Announces First Quarter Member Networking Events
New York – January 14, 2008 – The Northeastern Chapter of the Hedge Fund Association is pleased to announce the first quarter event schedule for Connecticut, Massachusetts and New York. Each HFA event is open to association members and non-members, […]
Trader Made Billions on Subprime
Wall Street Journal – On Wall Street, the losers in the collapse of the housing market are legion. The biggest winner looks to be John Paulson, a little-known hedge fund manager who smelled trouble two years ago. Funds he runs […]
A Loophole Lets a Foot in the Door
New York Times – The bad news reached Neil Ashe, the chief executive of CNet, as he lounged on the beach in Mexico on vacation with his family over the holidays. The company’s lawyer called to say that two hedge […]
Renaissance fund in first loss for 20 years
MSN MoneyCentral – Renaissance Technologies, one of the best-known and best-performing hedge fund groups in the world, has recorded its first fund loss in almost 20 years. Renaissance’s Institutional Equities fund, which it launched in 2005 and designed to hold […]
Full Circle Capital Launches Offshore ABL Fund
January 14, 2008. Full Circle Funding, LP (“Full Circle”) today announced that on January 1st it launched Full Circle Fund, Ltd. (the “Offshore Fund”), an offshore version of its 15-month old domestic ABL fund, Full Circle Partners, LP. (the “Domestic […]
Vesuvius Hedge Fund Launch
HedgeCo.net – Magma Fund Advisors, Ltd announced the launch of their first hedge fund, the Cayman domiciled Vesuvius Investment Fund, which opened its doors in January, 2008. The new hedge fund was formed for a select group of international investors, using approximately 10% of […]
Hedge Funds Specialists Launch New Firm Specialized In New Alternatives – NARA Capital
january 14, 2008 -NARA Capital SA officially opened its doors for business on October 1, 2007 with a vision focused on offering sophisticated institutional investors access to New Alternative hedge funds strategies. The firm founded by two seasoned investment professionals […]
Hedge Funds Rally in December, Post Record Losses on the Year
New York (HedgeCo.Net) – Although hedge funds finished up 2008 with some of the worst numbers to date, they showed some signs of promise in December. According to the latest research by the Hennessee Group LLC, a New York-based advisor […]