Author Archives: the HedgeCo News Team
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 […]
Robeco-Sage Capital Sues Citigroup’s CSO Hedge Fund Over Losses
Bloomberg – Robeco-Sage Capital LP, a New York- based fund of hedge funds with $2.2 billion in assets, sued Citigroup Inc.’s Corporate Special Opportunities Ltd. fund, saying it suffered damages after a “disastrous” investment. Acquired by Netherlands’ Robeco Group in […]
FSA says hedge fund oversight is adequate
BRUSSELS (Reuters)- The current system of indirect oversight of hedge funds is appropriate and the sector is not the culprit behind the current market crisis, a senior market regulator said on Tuesday. "Hedge funds are neither catalysts or drivers of […]
Fears for super as hedge funds play
NEWS.com.au- THE Federal Government is concerned that increased hedge fund activity in the current market conditions could damage national superannuation savings. Superannuation Minister Nick Sherry said that while the Government could not regulate against hedge funds or investment strategies, it […]
Blackstone says market turmoil to last until 2010
LONDON (Reuters)- The financial markets are likely to see turmoil until 2010 as institutions struggle to understand its cause, Blackstone senior managing director John Studzinski said at the Reuters Hedge Funds and Private Equity Summit in London. "This year is […]
Hedge fund hires ex-US Treasury official
Financial News Online US- Tennenbaum Capital Partners hired Marvin Barth to identify investment opportunities and evaluate the merits of potential investments. Barth worked as chief economist for international affairs at the U.S. Department of the Treasury. He was the principal […]
Hedge Fund Services Group Formed By RBC
West Palm Beach (HedgeCo.Net)- RBC Capital Markets, the hedge fund arm of the Royal Bank of Canada, has formed the RBC Global Prime Services Group to provide support to hedge fund managers, mutual fund managers and institutional asset managers. Jeremy […]
Top quotes from the Hedge Fund Summit
Reuters India DEAN VAN DRASEK, EXECUTIVE DIRECTOR, LIM ADVISORS "You’re just waiting for somebody to get a margin call, or somebody to get redemptions, and then they become a forced seller and that drives the price down. So why pick […]
Merzbach Launches Carbon Hedge Fund
FINalternatives- New York-based Merzbach Group is raising capital for its latest hedge fund, which will focus on the carbon market. Merzbach’s carbon finance strategy seeks to provide capital and services to projects generating carbon assets, according to founder Claude Devillers. […]