Author Archives: the HedgeCo News Team
Law Firm Considering Legal Action Against “Bear Funds”
West Palm Beach (HedgeCo.net)- The Law Firm of Klayman & Toskes, P.A. announced that it is investigating the possibility of taking legal action against Bear Stearns & Co., Inc on behalf of investors who lost money in the Bear Stearns High-Grade […]
Man Global Strategies Launches Founders Incubation Platform
NEW YORK – Man Global Strategies (‘MGS’),1 a core investment manager of Man Investments, announced today the formation of the Founders Incubation Platform (‘Founders Program’), a seeding and incubation platform for U.S.-based hedge fund managers. The Founders Program combines a […]
French fund warns on green investment bubble
Reuters- An Internet-style bubble is looming in renewable energy stocks with valuations reaching the ozone layer and businesses managing to secure flotations with little or no turnover, a Frenchinvestment fund has warned. With raw material prices showing no sign of […]
Hedge Fund Launch By Black Pearl Capital
New York (HedgeCo.Net)- Black Pearl Capital today announced the official launch of Onyx MENA Fund, a Cayman Island regulated hedge fund with a target capital of $250 million focusing primarily on the MENA markets. The Client Advisory Group (CAG) of […]
DEALTALK: Hedge funds opt to be lenders of last resort
Reuters- Future residents of the Cottage Gate development in Middletown, New Jersey, may be surprised to learn their granite countertops and two-car garages were paid for by a hedge fund. But after Kara Homes Inc. declared bankruptcy in October, hedge […]
Vranos hedge fund seeks $750 mln for subprime
Reuters- Hedge fund manager Michael Vranos is trying to raise $750 million to fund a new company that specializes in the risky subprime mortgages that have roiled several corners of the U.S. economy,The New York Times reported on Sunday. Citing […]
Life Settlements: Betting on Death
BusinessWeek – From the Lowinger clan to hedge funds, investors are cashing in on the business of trading unwanted life insurance policies. From the Lowinger clan to hedge funds, investors are cashing in on the business of trading unwanted life […]
Global Synthetic Prime Sales and Trading Group For Hedge Funds Launched By BNP Paribas
New York (HedgeCo.Net)- BNP Paribas has announced the launch of its new Global Synthetic Prime sales and trading group within its Equities and Derivatives business. The group is headed by Rich Sansaricq who is based in New York and has […]
Hedge fund listings hit by subprime woes
Reuters- Stock market disquiet caused by the U.S. subprime mortgage crisis has hit flotations in the booming hedge fund sector, as offerings from Man Group and U.S. firm Third Point raised less than targeted. Man Group (EMG.L: Quotazione, Profilo), the […]
Hedge funds vs. mutual funds
CNN Money- Chastened by the 2000-02 crash, the mutual fund industry has morphed into a 401(k) bureaucracy, cranking out bland diversified funds and packaging them into “life cycle” portfolios that you don’t have to think much about. All the glitz […]
Atkins questions hedge fund plan
Los Angeles Times- One of the five members of the Securities and Exchange Commission is skeptical about an agency proposal that would require individuals to have at least $2.5 million in investments, excluding the value of their primary residence, before […]
Aussie hedge funds down in June
The Australian- THE full extent of problems in two of Australian hedge fund operator Basis Capital’s funds caused by investment in Collateralised Debt Obligations (CEDs) is now emerging, with the news that the funds fell in value by an average […]