Monthly Archives: March 2012
U.S. hedge fund wins $72 million claim against Dubai’s Drydocks
Reuters Dubai – A U.S.-based hedge fund said it has won a $72 million legal claim against Dubai’s Drydocks World for defaulting on a loan, putting the ship builder’s $2.2 billion debt restructuring in further trouble. Monarch Alternative Capital said […]
Former Lone Pine, Goldman executives ready HK hedge fund
Reuters – A highly anticipated hedge fund from former Lone Pine and Goldman Sachs executives will be launched in July and carry an innovative fee structure, according to a document seen by Reuters. Eashwar Krishnan, former Asia head of hedge […]
Custom House Chooses Nirvana Solutions for Risk Management
Custom House Fund Services today announced that it has chosen Nirvana Solutions to provide risk reporting and risk analysis solutions to its hedge fund clients. Compliance, increased investor demand for risk measurement, transparency and daily valuation are driving the need […]
Ex-Highbridge Asia Head Said to Raise $900 Million for Fund
Bloomberg – Carl Huttenlocher, the former Asia head of Highbridge Capital Management LLC, raised $900 million for his own hedge fund by March 1, said two people with information on the matter. Myriad Opportunities Master Fund Ltd., which started investment […]
Sweden’s largest hedge fund Brummer & Partners begins private equity push in the Philippines
Opalesque – Sweden’s largest hedge fund manager Brummer & Partners has announced the launch of its private equity initiative in the Philippines. According to the firm’s 48-page annual report, the push to establish its presence in the Philippines actually began in […]
Insider fires a broadside at Goldman Sachs
A blistering attack on Goldman Sachs by one of its own bankers has hit a raw nerve inside the firm seen to symbolise the excesses of Wall Street. It has stoked bitter memories of the financial crisis among some former […]
A.W. Jones Hedge Fund Gains 2.78% During February
A.W. Jones Performance Update – An 11% compound return since inception as a fund of funds in 1984 puts A.W. Jones Company (the “Fund”) among the top performing global long/short equity fund of funds. Since 2002, the Fund has produced over […]
1,113 Hedge Fund Launches in 2011
New York (HedgeCo.net) – Hedge fund launches in 2011 increased to the highest level since 2007, as investors and managers positioned for 2012 amid intense volatility and macroeconomic uncertainty, HFR reported. Hedge fund launches totaled 1,113 in 2011, including 270 […]
Schroder International Multi-Cap Value Fund Wins Lipper Award for Best Five-Year Performance in Category
The Schroder International Multi-Cap Value Fund (IMCV) is the winner of the 2012 Lipper Award for Best Fund in its category over a five-year period. IMCV has outperformed its benchmark, the MSCI EAFE Index, by +4.21% per annum since launch […]
Hedge Fund Study: Improved Environment for Managed Futures and CTAs
New York (HedgeCo.net) – Two prominent CTA indices have published positive year-to-date returns for managed futures funds, highlighting a promising start to the year for this sector. The BarclayHedge CTA Index, a leading hedge fund benchmark of representative performance of […]
Hedge Funds’ Lawsuit Risk Rises After Galleon Probe, MF Global
Bloomberg – Hedge funds’ risk of lawsuits is rising after regulatory probes of insider trading at Galleon Group LLC and the collapse of MF Global Holdings Ltd., insurance rates show. Insurers are quoting rates that are 5 percent to 10 […]
U.S. hedge fund wins claim against Dubai’s Drydocks
Reuters – A U.S.-based hedge fund said it has won a $72 million legal claim against Dubai’s Drydocks World for defaulting on a loan, putting the ship builder’s $2.2 billion debt restructuring in further trouble . Monarch Alternative Capital said […]