Author Archives: the HedgeCo News Team
Hedge Funds Build Up Manpower in Asia
BusinessWeek- Whitney Group is a global executive search firm focused exclusively on financial services, with offices in North America, Europe and Asia-Pacific. Its Hong Kong office, headed by managing director Niall MacDonald, recently enhanced its focus on the wealth management […]
PIPEs & Opportunities For Hedge Fund Managers
West Palm Beach (HedgeCo.Net)- On Febuary 15th, 2008, a reduction in the Rule 144 holding period for restricted shares of public companies will take effect. The holding period, which is being shortened from one year to six months, will result […]
Special Situations Mergers & Acquisitions Launch
West Palm Beach (HedgeCo.Net)- In response to client needs and evolving capital markets conditions, Duff & Phelps Corporation announced the formation of a Special Situations Mergers & Acquisitions practice. This group formalizes Duff & Phelps’ long-standing expertise advising middle market […]
Paladyne and SunGard Announce Strategic Partnership
New York, NY – 5th February, 2008 – SunGard (http://www.sungard.com), a leading provider of software and processing solutions to the financial services industry, and Paladyne Systems, a leading provider of outsourced alternative investment solutions, today announced a strategic partnership to […]
Japan Falls Behind in Asian Hedge Fund Race
Japanese hedge funds took a major hit last year, after investors pulled out $7.7 billion of assets. This marks the second year in a row that the Japanese hedge fund industry has posted a loss. Valued at $24 billion, it is […]
Hedge funds could make a killing in a downturn
Times Online- Shares may be in the midst of one of their stormiest periods this century, but some “safe-haven” funds have managed to make double-digit returns amid the turmoil. Advisers are even recommending investors salt their Isa allowances in hedge […]
F&C chief to review all ownership options
Reuters- F&C Asset Management has "excellent prospects as a standalone company", its chief executive said on Thursday, but it was reviewing all options after Friends Provident said it aimed to sell its majority stake. Alain Grisay told reporters on a […]
PSource Asia distressed debt fund to seek $100 million
Reuters- Fund firm PSource Capital said on Thursday it will seek to raise at least $100 million (50 million pounds) for a fund to invest in non-performing loans in Southeast Asia, an area it believes offers opportunities due to regulatory […]
RCB Launches India Office For High Net Worth Individuals
West Palm Beach (HedgeCo.Net)- RBC announced that it has entered the Indian market by opening its first office in the financial hub of Bandra Kurla, Mumbai, in order to provide wealth management services to high net worth individuals and provide […]
Hedge Fund Manager Devaney Returns to Subprime After Yacht Sale
Bloomberg- Hedge fund manager John Devaney, who had to sell his yacht and jet plane last year after wrong-way bets on mortgage securities, says it’s time to buy bonds backed by subprime loans. The chief executive officer of United Capital […]
Goldman Sachs Could Take Some Heat for Bayou
Goldman Sachs is under close surveillance, after a federal bankruptcy court approved a request made by unsecured creditors of the Bayou Group. The creditors were granted permission to probe into the Prime Brokerage, in an attempt to expose any fraudulent […]
P-Solve Alternative Investments Funds Placed on Fundsettle Platform
P-Solve Alternative Investments (“PAI”), a London based fund of hedge funds manager, today announced that three of its fund of funds are now accessible on Fundsettle, the dedicated investment fund platform. There are 3 fund of hedge fund strategies […]