Monthly Archives: March 2006
Pension funds get bolder with hedge funds-survey
Reuters – Pension funds and endowments are using hedge funds to help boost returns and they plan to hire additional managers as they become more familiar with the lightly regulated $1.2 trillionindustry, a new survey shows. In the coming year, […]
Asian hedge funds getting a jump on the IPO game –
Reuters – Asian hedge funds, operating in an increasingly crowded market, have begun funding Chinese and Indian companies prior to their IPOs to get an inside track on hot stock listings and boostmedium-term returns. Hedge funds are becoming a quicker, […]
Gold near 25-year peak
Finance24 – Spot silver held above $11 an ounce on Thursday, supported by buying by hedge funds who are trying to take new positions ahead of the second quarter on hopes that an exchange-traded fund(ETF) will launch soon. Firm silver […]
Feds charge man in hedge fund case
MarketWatch – The Department of Justice on Wednesday unsealed a March 10 criminal complaint against Kirk Wright, charging him with mail fraud relating to the collapse of hedge funds he managed. An arrest warrant has been issued for Wright, 35, […]
Ivy leave: Yale parts ways with hedge fund
Pittsburgh Post-Gazette – Yale University helped Christopher Hohn build one of Europe’s most successful and activist hedge funds. Now Yale’s $500 million investment and Mr. Hohn’s firm are partingcompany, according to people familiar with the matter. It is a split […]
Hedge funds cook up new ways of making money
Reuters – Hedge funds are cooking up new strategies in the loans, oil derivatives and agricultural futures markets to satisfy investor appetite for higher returns, PSolve Alternative Investments toldReuters. An excessive number of players in traditional markets such as stocks […]
An IMF hedge fund would benefit the world’s poor
International Herald Tribune – Lawrence Summers has a radical idea. The way I interpret it, the former U.S. Treasury secretary and outgoing president of Harvard University is suggesting that the International Monetary Fund should stop being just a lender […]
New Investment by Koenig & Cie. Private Equity Fund of Funds
Financial.de – The private equity fund of funds König & Cie. International Private Equity GmbH & Co. KG, which was launched by bmp, has added another attractive target fund to its portfolio by investing in New Tech Venture Capital II, […]
Biovail holders file $4-billion lawsuit
Globe and Mail – Lawyers for Biovail Corp. shareholders said Tuesday they have launched a $4-billion (U.S.) lawsuit against Bank of America Securities, hedge fund S.A.C. Capital Management LLC, andothers for allegedly spreading false information in a “short-selling bear attack†[…]
The Hedge Fund Report: Crowd Gets Bigger at Lexar
Street.Com – Three hedge funds raised their stakes in Lexar Media (LEXR:Nasdaq –news – research –Cramer’s Take) last week, suggesting management at the flash memory company could face a proxy fight from itsmain shareholders. At issue is the company’s plan […]
CAMPBELL & COMPANY CLOSES TWO PORTFOLIOS TO NEW INVESTORS
Towson, MD, March 28, 2006 — Campbell & Company is pleased to announce that, effective today, March 28, 2006, the firm will close its Financial, Metals & Energy (“FMEâ€Â) and Global Diversified portfolios to all new investors. Simultaneously, all funds […]
Morgan Stanley vet starts own hedge fund
FinanceAsia – Ashutosh Sinha teams up with his younger brother to launch an Asia long/short hedge fund. Ashutosh Sinha has left Morgan Stanley investment Management in Singapore to launch his own fund business. He is partnering with his younger brother, […]