Author Archives: the HedgeCo News Team

About the HedgeCo News Team

The Hedge Fund News Team stays on top of breaking news in the Hedge Fund industry on an hourly basis. Signup to HedgeCo.Net to recieve Daily or Weekly news updates from our team.

NatSource Founders Cough Up New Carbon Hedge Fund

FINalternatives- Two founders of Natsource Asset Division Management have left the firm and formed their own hedge fund trading carbon emissions. David Kandolha and Harvey Abrahams this month launched Akeida Capital Management, and is fundraising for their maiden carbon hedge […]

HSBC Offers A Home To Hedge Funds Fleeing Prime Brokers

FINalternatives- HSBC Holdings is luring hedge funds spooked by the credit crisis and its possible impact on prime brokers. The firm has spoken with hedge funds managing more than $100 million, HSBC global head of securities services Tim Howell says, […]

UK Hedge Fund Faces SEC Lawsuit

West Palm Beach (HedgeCo.Net)- UK hedge fund Headstart Advisers Ltd. is facing a SEC suit alleging the hedge fund earned $198m in profits by manipulating U.S. mutual funds through late-trading and deceptive market-timing practices from 1998 through to 2003. The […]

Former Sowood Head to Launch New Hedge Fund

West Palm Beach (HedgeCo.Net) – Jeff Larson, former head of the collapsed Boston based Sowood Capital Management, is in talks to launch another hedge fund. Sowood closed up shop last July after losing $1.6 billion of investors money, in what […]

Lipper Awards – 10 Hedge Funds are Winners

Reuters – Ten hedge funds were named winners on Wednesday in research firm Lipper Inc’s inaugural awards for the sector in North America. "Based on our quantitative fund rating methodology, the Lipper Hedge Fund Awards recognize the combined return and […]

Banks quick to yank hedge funds

Reuters- Facing huge credit problems of their own, banks are increasingly yanking credit from hedge funds’ trading operations at the slightest hint of trouble, the head of one large hedge fund investment firm said on Tuesday. The trend, which has […]

Centaurus finds opportunities in credit markets

Reuters- The subprime-related meltdown in the corporate debt market is creating the best investment opportunities in the credit markets in years, the head of hedge fund firm Centaurus Capital said on Tuesday. "We expect we are going to be very […]

McCain speaks at hedge fund

Greenwich Time- The Straight Talk Express stopped in town yesterday, with presumptive Republican presidential nominee Sen. John McCain, R-Ariz., speaking at a town hall-style event hosted by hedge fund founder and Greenwich resident Ray Dalio. Before branching out into topics, […]

Goodman To Raise $500 Million For Asia Fund Launch

West Palm Beach (HedgeCo.Net)- Australia based hedge fund and global property manager, Goodman Property Investors, is raising funds for a $500 million Asia Pacific fund of funds (FoF). The new FoF will invest in established real estate funds across Asia, […]

HSBC Lures Hedge Fund Clients Away From Prime Brokers

Bloomberg – HSBC Holdings Plc, Europe’s biggest bank by market value, is attracting hedge fund business because of concerns that prime brokers are under threat from the credit market collapse, said Tim Howell, the bank’s global head of securities services. […]

Florida Hedge Fund Sues Citigroup

West Palm Beach (HedgeCo.Net)- Hedge fund Falcon Strategies Two B LLC, is suing a business unit of Citigroup, accusing the financial giant of failing to disclose a change in risk, causing the West Palm Beach hedge fund to loose more than 40% of […]

Hedge Fund Appaloosa Still Interested in Delphi

West Palm Beach (HedgeCo.Net) – Delphi’s lead investor is still interested in working out a deal, days after they yanked their financing and left the Detroit auto parts maker stuck in bankruptcy. "We’d like to work something out with these […]