Monthly Archives: January 2006
Hedge funds disclose Six Flags stakes
MarketWatch – Hedge funds are now major shareholders in Six Flags Inc., the theme-park operator at the center of a proxy battle late last year with Washington Redskins owner Daniel Snyder. Highbridge, a $7 billion hedge-fund firm part owned by […]
Wendy’s speeds up Tims spinoff
Globe and Mail – Fast-food chain Wendy’s International Inc. plans a fast sale of its Tim Hortons chain, with ownership of the iconic coffee shops to be handed out to Wendy’s shareholders in a special stock dividend soon after Tim […]
Boston Scientific hikes ante in bidding war for Guidant
Boston Scientific Corp. wasn’t willing to walk away when Johnson & Johnson sweetened its offer for medical device maker Guidant Corp., so it raised the stakes again in an increasingly priceybidding war that’s picking up in pace. About 24 hours […]
Last Atlantis Capital Management appoints Darren Keyes as Quantitative Research Director
ST. THOMAS, USVI – Last Atlantis Capital Management, LLC (St. Thomas, USVI) has appointed Darren Keyes as the firm’s Director of Quantitative Research. Mr. Keyes is responsible for developing and maintaining automated optimization systems for the Alpha+Network, the company’s proprietary […]
Large Increase in Number of Hedge Fund Shareholders Fuels IRM
Bobsguide – Stakeholder numbers, both individual and institutional, in alternative asset vehicles are expected to grow a phenomenal 210% in the next five years, spurring a corresponding demand fornew software and technology to manage investor relationships. The asset management industry […]
Hedge fund firm Emergent says sell US assets
Reuters Italia – Investors should sell their U.S. assets, especially the dollar against the yen, as America’s economic and political power is likely to decline this year, a hedge fund manager toldReuters. David Murrin, chief investment officer at Emergent Asset […]
Why Hedge Funds?
Forbes – So you want to be a millionaire. OK, maybe you already are one. But are you still investing in hedge funds? As an investor, last year certainly wasn’t a year to remember. Hedge funds notched an average 8.03% […]
The Hedge Fund Report: Home Cooking at ForstmannLeff
TheStreet.com – Usually asset managers or banks buy hedge funds, not the other way around. An exception is the recent decision by $10 billion hedge fund manager Angelo Gordon & Co. to buy New York equity investment firm ForstmannLeff Associates, […]
Hedge Funds Want Higher Carter Holt Bid
Yahoo! News – Hedge funds are trying to persuade New Zealand billionaire Graeme Hart to raise his NZ$2.50-a-share takeover offer for Carter Holt Harvey (CAH.NZ), The Dominion Post reported Thursday,citing a source. The source told the newspaper that hedge funds […]
Hedge fund targeted by agency over Mylan trades
MarketWatch – Perry Capital said on Wednesday that it could be sued by the Securities and Exchange Commission over the $10 billion hedge-fund firm’s trading in shares of drugmaker Mylan Laboratories Inc. SEC staff recently sent a so-called Wells notice […]
Man Group assets rise
Scotsman – The world’s largest listed hedge fund firm Man Group said on Thursday its funds under management had risen to $45.8 billion (25.9 billion pounds) from $44.4 billion at the end of September. Sales in the three months to […]
Hedge fund to unveil revised McD plan next week
Hedge fund manager William Ackman said he plans to unveil a revised proposal to split up McDonald’s Corp. next week, setting off what’s expected to be a battle to win support from the restaurantchain’s franchisees. Mr. Ackman, whose Pershing Square […]