Author Archives: the HedgeCo News Team
The hedge fund opportunity
Jamaica Observer- The four international offshore leaders are the Cayman Islands, the British Virgin Islands, the Bahamas and Bermuda, which all come under the Caribbean offshore jurisdiction. Of these four, the Cayman Islands overshadows its competition by a wide margin […]
Iceland threatens ‘bear trap’ intervention against hedge funds
CNN Money- Iceland is prepared to order direct intervention in the currency and stock markets in an attempt to punish international hedge funds that it claims are attacking its financial system, said Prime Minister Geir Haarde. ‘We would like to […]
Hedge Funds Sit on Cash In Unsure Times
New York Sun- Stock hedge funds, unsure about which direction the markets would move, sat on a record amount of cash as the industry headed for its biggest quarterly decline in almost six years. Equity managers, who oversee about one-third […]
Small shareholders of the UK, Unite
Investors Chronicle- Brian Peart, Northern Rock‘s largest private shareholder, was looking forward to a quiet retirement after years of running his successful Durham-based building firm. His nest egg of 120,000 Northern Rock shares was his biggest investment. Now, estimating a […]
Yellow Pages fights hedge fund factor with buyback
Globe and Mail- Lots of executives complain that hedge fund trading weighs heavy on their stock. Yellow Pages Income Fund is actually doing something about the problem. Yellow Pages announced Friday that it will spend up to $300-million buying back […]
Bank Of NY Tops $200 Billion Hedge Fund Assets Under Administration
CNNMoney.com- Bank of New York Mellon Corp. (BK) said Tuesday its alternative investment services business has surpassed $200 billion in hedge fund assets under administration. The New York financial services giant said the milestone reflects "rapid global growth in the […]
US hedge fund Pardus freezes redemptions
CNNMoney.com- New York activist hedge fund Pardus Capital Management LP is halting investor redemptions indefinitely at a time when many of its holdings are plummeting in value, the Wall Street Journal reported. Pardus, which manages more than $2 billion, is […]
Former Secretary of State for Texas To Host Entreprenurial Funding Conference
West Palm Beach (HedgeCo.net)- Hedge fund weath manager CACH Capital Management announced that former Secretary of State for Texas and current co-founder & Chairman Honorable, Geoffrey S. Connor will be a Keynote at the Central Texas Entrepreneur Funding Symposium. The […]
Blackstone Creates Fund Worth Over 10 Billion
West Palm Beach (HedgeCo.net)- Hedge fund Blackstone Group L.P. announced the closing of Blackstone Real Estate Partners VI (BREP VI) with capital commitments totaling $10.9 billion, creating the largest real estate opportunity fund ever raised. The new fund has more […]
SEC Fuels New Mark-to-Market Conspiracy Theories
Bloomberg – Once again, the Securities and Exchange Commission is fueling suspicions that it has crafted yet another new accounting loophole for financial institutions trying to avoid big writedowns. Now for the strange part: The confusion, which centers on how […]
Morgan Stanley will take stake in Hawker Capital
West Palm Beach (HedgeCo.Net) – Morgan Stanley Investment Management says it has agreed to take a minority stake in the London-based hedge fund firm Hawker Capital. This will add to the $577 billion in assets that MSIM currently manages through […]
Proxy Fight Looms for Media General, Hedge Fund
Dailypress.com – RICHMOND – Seats on Media General Inc.’s board of directors might not be as easy to obtain for a dissident shareholder group that had recent success gaining access at the New York Times Co. Harbinger Capital Partners is […]