Author Archives: the HedgeCo News Team
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. […]
NorthPoint Trading Partners Continues Growth, Capitalizing on Its Long/Short Trading Strategies Niche
Firm Partners With Gemini Fund Services, LLC to Provide Fund Managers With Seamless Execution of Alternative Management Strategies ATLANTA, GA – NorthPoint Trading Partners LLC, a premier prime brokerage and fund services company, today announced the continuation of their strategic […]
Massachusetts won’t go it alone in hedge funds
Reuters- Massachusetts, an early investor in hedge funds, has no plans to give in to pressure and start making direct investments in these loosely regulated portfolios, the state pension fund’s executive director said on Monday. The $52 billion fund, called […]
Bear Stearns and Deloitte sued over hedge fund losses
Reuters- The liquidators of two Bear Stearns mortgage hedge funds that collapsed last year, filed suit on Monday against the company and its auditor, Deloitte & Touche, seeking to recover over $1 billion (500 million pounds) in losses. The suit, […]
Hedge Funds Busy Planning New Asia Funds
FINalternatives- Hedge fund honchos announced plans for a slew of new fundraising efforts to take advantages of opportunities in Asia—and investor appetite for them—at an industry summit. Tribridge Investment Partners and HSBC Halbis Capital Management unveiled plans for new hedge […]
U.S. SEC sues UK hedge fund Pentagon over trades
NEW YORK (Reuters)- U.S. securities regulators sued a London-based hedge fund and its chief executive on Thursday, alleging they schemed to defraud mutual funds and shareholders in the United States. The U.S. Securities and Exchange Commission said Pentagon Capital Management, […]
HSBC Halbis plans India mid-cap hedge fund
Reuters- U.S. securities regulators sued a London-based hedge fund and its chief executive on Thursday, alleging they schemed to defraud mutual funds and shareholders in the United States. The U.S. Securities and Exchange Commission said Pentagon Capital Management, which manages […]
Hedge fund Sprott to gamble on IPO
Globe and Mail- Contrarian investor Eric Sprott is swimming against the tide again, planning an initial public offering of Sprott Asset Management Inc. in the midst of the worst IPO market in a decade. The imminent deal could value the […]
TPG considering $5 billion investment in Washington Mutual
West Palm Beach (HedgeCo.Net) – Private equity firm TPG Inc. is considering a $5 billion investment in Washington Mutual. Talks have been intense, and the two parties are expected to reach an agreement within the next few days according to […]
Former hedge fund manager gets 6 year sentence
West Palm Beach (HedgeCo.Net) – Former hedge fund manager Marvin Friedman has been sentenced to 6 years in prison two years after pleading guilty to defrauding investors out of more than $100 million dollars. Friedman, who ran the San Diego […]
Quantek Announces RMF Strategic Investment in its Frontier Fund
MIAMI, FL, April 3, 2008 – Quantek Asset Management, LLC, an investment managersubsidiary of Bulltick Capital Markets based in Miami, Florida, announced today thatit has received a strategic investment from RMF, based in Pfäffikon, Switzerland.RMF, a core investment manager of […]
Blue Horizon Asset Management Launches Global Equity Fund
Blue Horizon Asset Management has announced the launching of its new fund, the Blue Horizon Global Equity Fund, LP. The fund employs a long/short equity strategy with a focus on investing in international equity markets. This includes companies that are […]