Author Archives: the HedgeCo News Team
Och-Ziff Funds Greenhouse Gas Credits to Bury Carbon
Bloomberg – Och-Ziff Capital Management Group LLC will invest as much as $500 million in projects that bury greenhouse gases blamed for global warming and create tradable emissions credits. Och-Ziff, the hedge-fund firm run by Daniel Och, also bought 10 […]
Hedge Fund Forum 2008
West Palm Beach (HedgeCo.net) – The Greenwich Hyatt will be the scene of the 2008 Global Alpha Forum, the hedge fund event is for both fund managers operating in Connecticut and investors wishing to get to know those managers. The […]
Running a Hedge Fund Is Harder Than It Looks on TV
Do you remember a time, only a short while ago, when virtually anybody could start a hedge fund? It seemed so easy: billions of dollars were being thrown around like confetti, even at first-time managers. You could make money with […]
Hedge Fund Assets Approach $3 Trillion
A new report released Monday by HedgeFund.net estimates the assets under management by hedge funds have reached nearly $3 trillion. According to the report, hedge fund assets increased 4.41 percent last quarter, in spite of rough equity markets, to reach […]
Speculation Game is Over: Hedge Fund Manager
CNBC – As losses mount, hedge funds no longer have the ability to drive speculation in the markets, Hugh Hendry, chief investment officer and partner at Eclectica hedge fund told "Squawk Box Europe" on Tuesday. "There is no role for […]
Goldman And Morgan Link Hedge Fund Lending To Their Own Financial Health
DealBreaker.Com – Morgan Stanley and Goldman Sachs are linking their lending to hedge funds to the market’s assessment of the credit worthiness of the investment banks. Morgan Stanley will reportedly evaluate the amount of leverage it will supply to hedge […]
Hedge Fund SageCrest Files for Bankruptcy
New York (HedgeCo.Net) – Greenwich-based hedge fund SageCrest Finance has filed for Chapter 11 bankruptcy protection. The credit opportunity fund, which grants short-term loan to companies left with few financing alternatives, said its recent losses were due to the condition […]
Lehman May Put a Prized Unit on the Block
The Ledger – Lehman Brothers, the troubled investment bank, is considering the sale of all or part of its prized money management division to private equity firms to raise billions of dollars of capital and ease the pressure caused by […]
Xanadu bill footnote may weigh on Corzine
NorthJersey.com – Governor Corzine’s conscience was clear last week after signing a law to bring a $200 million aquarium to the Coney Island by the Meadowlands – better known as the Xanadu project. In a footnote, buried at the bottom […]
Hedge Funds Changing Investment Tack
Seeking Alpha – Sailors out there will know that boats can sail down with the wind – like a leaf being blown across the water – or into the wind at an angle, zigzagging back and forth along the way. Sailing downwind is easier […]
Ospraie hedge fund loses $1bn on misplaced commodities bets
Ospraie Management, the US hedge fund led by Dwight Anderson, has seen about $1bn (€678m) in value being wiped out of Ospraie Fund, its biggest, over the last 12 months amid misplaced bets on commodities, according to a report in […]
Soros hedge fund bought Petrobras stake worth $811 million
West Palm Beach – Billionaire investor George Soros bought an $811 million stake in Petroleo Brasileiro SA in the second quarter, making the Brazilian state-controlled oil company his investment fund’s largest holding. As of June 30, the stake in Petrobras, […]