Author Archives: the HedgeCo News Team
US hedge fund offers to buy UK’s Mapeley
Financial Times- The long-awaited consolidation of the UK’s publicly listed property sector began yesterday after Mapeley, an outsourcing group, received a takeover approach from US hedge fund Fortress, its majority shareholder. The US investment group is understood to have offered […]
Hedge fund Elliott accuses rival of espionage
Reuters- Hedge fund Elliott Management Corp sued Cedar Hill Capital Partners LLC on Tuesday, alleging its rival engaged in corporate espionage by misappropriating its proprietary software used for trading. Elliott alleged that Cedar schemed with one of its employees and […]
Study On Synthetic Hedge Fund Indices
West Palm Beach (HedgeCo.Net)- Synthetic hedge fund indices (SHFIs), also known as ‘hedge fund clones’ were introduced in 2007 following years of academic research. SHFIs are dynamically managed portfolios of liquid assets (also called replicating factors, which usually exist in […]
As Blackstone Walks Away From The Banks, Others Will Follow
Blogging Buy Outs- Blackstone cannot be faulted for its creativity the way it can be for its share price. The firm says that it does not need the banks which have walked away from their commitments on several LBO deals […]
Hedge Fund Opens Office In New York, New Launch
West Palm Beach (HedgeCo.Net)- Canadian Hedge fund Lionhart Ltd. this month announced the launch of a new fund and the opening of an office in midtown Manhattan, New York. Present in the US since 2000, the addition of the New […]
Och-Ziff Stays Positive Despite Fourth Quarter Loss
West Palm Beach (HedgeCo.Net) – Och-Ziff Capital Management had both good and bad news to give to investors today. The New York based hedge fund recorded a monstrous $774.6 million loss in its first earnings report since its launch in […]
Who Would Have Thought? Hedge Funds Support Barack Obama
West Palm Beach (HedgeCo.Net) – At a crucial time in the race to secure the democratic nomination, Barack Obama is garnering support from the very individuals his tax laws are going to target. Hedge Funds are donating large sums of […]
World’s largest hedge fund firm now in India
Business Standard- Renaissance Technologies, the world’s largest hedge fund firm handling assets worth $35.4 billion (Rs 1,41,600 crore), has received approval from the Securities and Exchange Board of India (Sebi) to operate in the Indian stock markets as a foreign […]
Hedge fund rules find few backers at EU hearing
BRUSSELS (Reuters)- Europe’s hedge funds and private equity should be free from the burden of mandatory rules, companies and investors said on Monday, but law enforcers cautioned that fraud in the sector was rising alarmingly. Investing in hedge funds and […]
Hedge funds go prime time
InvestmentNews- Morningstar Inc.’s recent launch of a star-rating system for hedge funds is the ultimate move into the mainstream for an asset class that has long thrived as an exclusive alternative investment. "This is just further evidence of the notion […]
AQR Hedge Fund Fell Almost 15% Through Mid-February
Bloomberg- AQR Capital Management LLC’s largest hedge fund fell almost 15 percent this year through Feb. 15 as market swings tripped up computer models the managers use to make trades, two people with knowledge of the matter said. The assets […]
Two California Men Sentenced for Hedge Fund Fraud
West Palm Beach (HedgeCo.Net) – Two men involved in a hedge fund scam that defrauded investors out of $6 million were sentenced yesterday in Los Angeles. Keith Gilabert, 33, of Valencia, CA, will serve the maximum five year prison sentence […]