Author Archives: the HedgeCo News Team
Standard Chartered Throws in the Towel on Whistlejacket
HedgeCo.Net (West Palm Beach) – UK based Standard Chartered has ditched its $7.2 billion structured investment vehicle after assets fell further and “the confines of receivership” took a toll on the fund. The Whistlejacket fund, an SIV that issued short-term […]
Ouch! The Ten Biggest Losers of Northern Rock
Financial Times – There are no winners from the British government’s decision this week to nationalise Northern Rock, the mortgage lender. There is, however, an embarrassment of losers. Northern Rock is only one of many troubled banks. Even Credit Suisse, […]
Three Canadian Men Face Charges of Fund Fraud
HedgeCo.Net (West Palm Beach) – Three men from British Columbia are being investigated after the executive director of the British Columbia Securities Commission issued a notice of hearing alleging that they defrauded investors by illegally selling millions of dollars in […]
ANDREW MCKILLOP TO JOIN VERTUS CAPITAL PARTNERS AS DIRECTOR OF RESEARCH
Commission’s Directorate-General for Energy, National Energy Coordinator,Department of Minerals & Energy, Government of Papua New Guinea, Kuwait,Abu Dhabi and Saudi Arabia. "I am happy and proud to be working alongside with Joseph and Craig in thisfast emerging sector of investor […]
Hedge Funds Holding Up Investors Face Involuntary Bankruptcy
Bloomberg- Ritchie Capital Management LLC, the operator of four hedge funds that failed since 2006, is fighting what may be an unprecedented bid by investors to recover their money by forcing one of the funds into bankruptcy. If the effort […]
Hedge Funds Pocket Easy Gain on Northern Rock Drop
Bloomberg- Lansdowne Partners Ltd. and LNG Capital LLP were among investors that profited from an “easy” bet over the past year on the 93 percent decline in Northern Rock Plc, the bank being nationalized by the British government. Northern Rock’s […]
Russia’s Da Vinci to list fund in London
Reuters- Da Vinci Capital Management, founded by former Renaissance Capital banker Oleg Jelezko, plans to list its fund investing in ex-Soviet states in London in March this year to raise up to $200 million (100 million pounds). The company’s managing […]
Surging credit volatility spurs option trading
Reuters- Shocked by credit market turmoil, investors are now seeking protection on their credit protection. In the last few weeks, Europe’s credit indexes — widely traded ways of betting on the creditworthiness of the continent’s big companies — have registered […]
Boneparth Joins Hall Capital Partners
HedgeCo.Net- Hall Capital Partners LLC today announced that John F. Boneparth will join the firm as President. Mr. Boneparth will join Chief Executive Officer and Chief Investment Officer Kathryn A. Hall and Director of Investment Advisory Services John W. Buoymaster […]
Florida Men Face Charges of Hedge Fund Fraud
HedgeCo.Net (West Palm Beach) – Michael Lauer and four other men have been indicted after defrauding investors out of more than $200 million, Assistant Attorney General Alice S. Fisher of the Criminal Division and U.S. Attorney R. Alexander Acosta of […]
Dubai Expands Presence in Asia
HedgeCo.Net (West Palm Beach) – Dubai International Capital is planning to invest $5 billion in the emerging Asian markets, as part of a three year plan, says Chief Operating Officer Anand Krishman. The money will be invested in comapnies throughout […]
HedgeCo Expands Hudson Event – Offers Free Access to All Qualified Investors HedgeCo.Net
New York – February 19, 2008 — Due to the large number of responses from qualified investors, HedgeCo Networks is expanding its first annual investors summit. The Hudson Event, which will take place on Thursday, March 20th, is free and […]