Author Archives: the HedgeCo News Team
ASIC probe on hedge funds –
Melbourne Herald Sun- The corporate watchdog has ratcheted up the pressure on investors involved in short selling, insider trading and market manipulation, with market participants facing requests for information. The Australian Securities and Investments Commission yesterday expanded its investigation into […]
Hedge Funds Rebound In Febuary
West Palm Beach (HedgeCo.Net)- The Greenwich Global Hedge Fund Index (GGHFI), which currently includes 1091 hedge funds, returned 2.21% in February, rebounding from January’s poor returns. The S&P 500 and MSCI World Equity posted negative returns, while the FTSE 100 […]
Spitzer stood up to Wall St. piggery
Baltimore Sun- Whatever Eliot Spitzer may have done in Room 871 at the Mayflower Hotel in Washington on Valentine’s Day, he was the right person at the right time on Wall Street in the early 2000s. Of course Wall Street […]
Gore’s $5 Billion Hedge Fund Restricts New Investors
West Palm Beach (HedgeCo.Net) – Al Gore’s investment firm, Generation Investment Management will close its doors to new investors as early as next month. Gore, along with co-founder David Blood, will most likely restrict further investments into the company’s main […]
W Capital Partners closes USD700m secondaries fund
Private Equity Wire – New York-based W Capital Partners, a private equity fund manager that acquires portfolios of direct private equity and venture capital investments in the secondary market, has announced the closing of W Capital Partners II with USD700m […]
Keynote Speaker Added for HFA Events in Greenwich
New York – March 12, 2008 – The Northeastern Chapter of the Hedge Fund Association is pleased to announce that Justin A. Brownhill, the Co-founder and CEO of The Receivables Exchange will deliver the keynote address at upcoming events in […]
Baer Cap to launch two India-centric hedge funds
Business Standard- Dubai-headquartered Baer Capital Partners is planning to launch two India-dedicated hedge funds this year despite the bearish sentiment ruling the bourses since January-end. The two funds – Beacon India Opportunities Fund with a corpus of $400 million […]
Citigroup Acts to Bolster Hedge Funds
New York Times – Citigroup, the banking giant, moved Monday to shore up six of its hedge funds pressured by a tightening in the municipal bond market, the newest problem to entangle the struggling company. The bank has committed to […]
Paulson & Co hedge funds surge on trading gains
Reuters- Paulson & Co, the hedge fund group that quadrupled in size last year on the back of the credit crisis, is surging again this year in all three of its major strategies, the firm said. The firm’s performance, disclosed […]
JGBs climb as market tumoil hits hedge funds
Reuters, TOKYO- Japanese government bonds jumped on Monday and the five-year yield hit a 2-1/2-year low on spreading turmoil in global credit markets that has sent investors and hedge funds scrambling to unwind losing positions. JGBs were underpinned by U.S. […]
Hedge Fund Under Record Attack For Discrimination
West Palm Beach (HedgeCo.Net)- Gill Switalski, a city lawyer and head of legal affairs at F&C Asset Management is talking to lawyers about a record compensation payout of £13.4 million ($27 million). The mother of 2 special needs children had to leave her career […]
Charming Shoppes Inc. Suing Two Hedge Funds
Two hedge funds are being sued by Charming Shoppes Inc., after they allegedly used shady tactics to nominate 3 members to the board of the company. The plus-size clothing retailer is accusing Crescendo Partners and Myca Partners of filing “misleading […]