Monthly Archives: March 2008
Darling Says – Deal With It!
West Palm Beach (HedgeCo.Net) – Ignoring intense pressure from businessmen and government officials over the past month, Alistair Darling has asserted that his tax plans for non-domiciled residents are here to stay and will be implemented starting in April. […]
WaMu gets Capital Offer from UK Hedge Fund
Reuters – U.K. hedge fund Toscafund Asset Management LLP has approached Washington Mutual Inc., offering to participate in any consortium looking to recapitalize the bank, The Wall Street Journal reported on Wednesday. Citing a person familiar with the matter, the […]
Times: No Sale, Hedges!
New York Post — The New York Times Co. isn’t bowing to pressure from dissident shareholders who want it to shed the Boston Globe and other assets. Chief Executive Janet Robinson said yesterday that a Globe sale is unlikely given […]
Hedge Funds Place Bets, Small Investor Takes Fall
The Toronto Star – And the beating goes on. The global credit crisis that began last summer, triggered by a collapse in the U.S. market for subprime or "junk" residential mortgages, has since Feb. 15 forced hedge funds with assets […]
End is Sought to Ban on Hedge Fund Advertising
New York Sun — The hedge fund manager who successfully sued the Securities and Exchange Commission to stop what he deemed a burdensome regulation on the industry is now eyeing a First Amendment lawsuit to lift a ban on the […]
Keynote Speaker Added for HFA Events in Greenwich
New York – March 12, 2008 – The Northeastern Chapter of the Hedge Fund Association is pleased to announce that Justin A. Brownhill, the Co-founder and CEO of The Receivables Exchange will deliver the keynote address at upcoming events in […]
W Capital Partners closes USD700m secondaries fund
Private Equity Wire – New York-based W Capital Partners, a private equity fund manager that acquires portfolios of direct private equity and venture capital investments in the secondary market, has announced the closing of W Capital Partners II with USD700m […]
Gore’s $5 Billion Hedge Fund Restricts New Investors
West Palm Beach (HedgeCo.Net) – Al Gore’s investment firm, Generation Investment Management will close its doors to new investors as early as next month. Gore, along with co-founder David Blood, will most likely restrict further investments into the company’s main […]
Spitzer stood up to Wall St. piggery
Baltimore Sun- Whatever Eliot Spitzer may have done in Room 871 at the Mayflower Hotel in Washington on Valentine’s Day, he was the right person at the right time on Wall Street in the early 2000s. Of course Wall Street […]
Hedge Funds Rebound In Febuary
West Palm Beach (HedgeCo.Net)- The Greenwich Global Hedge Fund Index (GGHFI), which currently includes 1091 hedge funds, returned 2.21% in February, rebounding from January’s poor returns. The S&P 500 and MSCI World Equity posted negative returns, while the FTSE 100 […]
ASIC probe on hedge funds –
Melbourne Herald Sun- The corporate watchdog has ratcheted up the pressure on investors involved in short selling, insider trading and market manipulation, with market participants facing requests for information. The Australian Securities and Investments Commission yesterday expanded its investigation into […]
Dexia sees Russia as a “safe haven” on commodities
LONDON (Reuters)- Strong commodity prices are increasing Russia’s relative allure as the threat of a global economic slowdown grows, said a fund manager for Belgian-French asset management firm Dexia. Dexia has raised Russia’s share in its Equities Emerging Europe Fund […]