Monthly Archives: March 2006
Thomas H. Lee Announces Separation From Thomas H. Lee Partners
PR Newswire (press release) – Thomas Lee today announced his departure from Thomas H. Lee Partners, L.P., the private equity firm that he founded in Boston in 1974. Mr. Lee said that he intends to reenter the private equity field […]
A hedge fund chief’s worries
International Herald Tribune – David Shaw, founder of the world’s largest hedge fund firm, said investment returns probably would worsen because of all the money pouring into the industry. “There’s an enormous amount of capital now chasing a smaller […]
Germany’s BVK to allocate 1bn to hedge funds
IPE.com – Bayerische Versorgungskammer (BVK), Germany’s largest pension fund with €38bn in assets, plans to raise allocations to hedge funds to €1bn by the end of 2006 – from €150m currently. In late 2004, BVK decided to begin investing in […]
Long and short of it: hedge funds best
AUSTRALIA’S equity hedge funds bested the broad market and their struggling international peers last year – returning 17.47 per cent on average, according to figures recently published by LCA Publications in its Australia Hedge Quarterly. That return not only beat […]
The City challenges United States as it doubles share of hedge fund assets
Times Online – LONDON is steadily eroding America’s dominance in hedge funds, with the City now home to a fifth of fund assets under management, according to International Financial Services London(IFSL). As London’s share of global assets has doubled in […]
London a fast growing hedge fund centre
Reuters – Hedge fund assets managed in London rose 18 percent to $225 billion last year, making the British capital one of the fastest growing centres for the industry, International FinancialServices London said. But, IFSL’s survey showed that asset growth […]
Hedge funds getting fat on mergers
CNN Money – Thanks to a spate of blockbuster deals, hedge funds that bet on mergers are on a tear, making almost as much money in the opening weeks of 2006 as they did in all of 2005. These hedge […]
Senate to hold hearings on hedge funds
MSN MoneyCentral – A US Senate Banking panel is gearing up to hold hearings as early as next week into hedge funds and how their explosive growth is influencing markets. The Senate Banking Subcommittee on Securities and Investment, led by […]
Managed Funds Association Hires Robert J. Conant as Vice President, Business Development
WASHINGTON, D.C., March 21, 2006 — Managed Funds Association (MFA) announced today that it has hired Robert J. Conant as vice president, business development, a new position, based in New York. His appointment is effective immediately. Mr. Conant joins MFA […]
The Hedge Fund Report: Another Way to Bet With Pros
TheStreet.com – Want exposure to hedge funds without investing directly in one? Need access to the alternative asset class while at the same time preserving capital? The answer may be a structured product, a semi-exotic investment instrument in which a […]
Motient says court dismisses hedge fund suit
Reuters – A Delaware court late Friday dismissed a lawsuit filed by hedge fund Highland Capital Management LP against Motient Corp. (MNCP.PK: Quote, Profile, Research) directors and other defendants, claiming breach of fiduciary duties and other charges, Motient said on […]
Australian shares close slightly lower on pullback from record highs
ForbesShare prices closed mildly lower after the market pulled back from record highs reached yesterday as investors consolidated positions, dealers said. They said oil stocks were responsible for much of the pull back but leading miners BHP Billiton and Rio […]