Author Archives: the HedgeCo News Team
Gordon Asset Management FOHF Nominated for 2007 HFMWeek US Awards
New York – October 11, 2007 – Gordon Asset Management LLC, a New York based investment firm serving qualified private and institutional investors, announced today that AIJED Associates LLC has been nominated for HFMWeek’s 2007 US Hedge Fund Performance Awards […]
AIMA Welcomes UK Hedge Fund
London, 11 August 2007. The Alternative Investment Management Association (AIMA), the leading global hedge fund and alternative investment industry association welcomes the consultation paper released yesterday by the UK Hedge Fund Working Group. AIMA believes that the initiative represents a […]
European hedge funds draft code of behaviour to boost transparency
Forbes (Thomson Financial)- A group of Europe’s largest hedge-fund managers have proposed ways to make the industry more transparent in an attempt to head off calls for greater regulation. The London-based Hedge Fund Working Group has drafted a proposed code […]
Dura Bankruptcy Offers Executives $60 Million, Bondholders Zero
Bloomberg- Dura Automotive Systems Inc.’s plan to exit bankruptcy may reward company managers with as much as $60 million in stock while leaving most bondholders empty- handed. Pacificor LLC, a hedge fund that owns at least $133 million of Dura’s […]
Monaco hedge fund building stake in Rock
The Northern Echo- HIGH street lender Northern Rock saw its share price surge by more than a quarter yesterday after it emerged a Monaco hedge fund had amassed a four per cent stake in the business. The revelation that SRM […]
Thomson Financial Invests $180 Million in TradeWeb
West Palm Beach (HedgeCo.Net)-Thomson Financial today announced it plans to form a strategic partnership with nine of the world’s leading global dealers including, Credit Suisse, Deutsche Bank, Goldman Sachs, JPMorgan, Lehman Brothers, Merrill Lynch, Morgan Stanley, The Royal Bank of […]
Robeco Bank Bought By Kaupthing Bank Luxembourg S.A.
West Palm Beach (HedgeCo.Net)- Private banking and alternative asset manager Robeco Bank of Belgium was purchased by Kaupthing Bank of Luxembourg, it was announced today. Robeco was established in Rotterdam in 1929, and has EUR 142 billion ($201.5 billion) in […]
Hedge fund fees to stay high despite pressure
Reuters- Hedge funds’ hefty fees are likely to remain high even as institutional investors try to chip away at them for their clients, a top Bank of America executive said on Tuesday. “It would be an overstatement to say there […]
Barclays, Hedge Funds to Finance Remy
Forbes- The Remy International Inc. plan to restructure its debt depends on borrowing up to $330 million and selling $85 million in new preferred stock – transactions that would generate millions infees and interest for Wall Street banks and hedge […]
Goldman fund buys stake in hedge fund Winton
Reuters- Hedge fund firm Winton Capital Management said on Monday that a new fund run by Goldman Sachs had bought a 9.99 percent stake in the company. The stake, which the Goldman fund took at the end of July, is […]
Torkelund Launches Hedge Fund
West Palm Beach (HedgeCo.Net)- Alternative investment consultant and director, Bob Torkelund has announced the launch of a new hedge fund, Camelot Global Investments, with the initial offering period running throughout October 2007. Camelot Global Investment is a Global Macro Fund […]
TS Capital Launches $200 Million Fund Of Hedge Funds
West Palm Beach (HedgeCo.Net)- Alternative asset management firm ThinkStrategy Capital, today announced the launch of the TS Multi-Strategy Fund LP Class B. The TS Multi-Strategy Fund is a hedge fund-of-funds designed to generate solid returns from creative strategies while preserving […]