Author Archives: the HedgeCo News Team

Washington Post – Wall Street chroniclers one day could look back at the early 21st century and easily dub it the Era of the Hedge Fund. The question is whether it will be remembered as an age ofreason or irrational […]

CNN Money- United Capital Asset Management has temporarily suspended payments from four of its Horizon funds following losses from its investment in subprime mortgage bonds. Redemptions for the Horizon Fund L.P., Horizon ABS Fund L.P., Horizon ABS Fund Ltd. and […]

Globe and Mail- The two hedge funds exerting pressure on TD Ameritrade Holding Corp. seem pleased with the company’s decision this week to change who is involved in preliminary merger discussions,squeezing out TD Bank, but the move may not appease […]

Reuters- Hedge funds and other absolute return-style portfolios are gathering ever more assets, in spite of sub-market returns, presenting a challenge as to how to invest them and a dilemma for new investors eyeing these funds. The outlook for alternative […]

Reuters- U.S. private equity firm Blackstone Group agreed on Tuesday to buy Hilton Hotels Corp. for about $20 billion plus debt, the richest in a series of recent private equity offers for hotel companies. Under terms of deal, Blackstone will […]

CNBC- Jack Ablin, chief investment officer at Harris Private Bank, told CNBC’s “Power Lunch” that hedge funds may be driving today’s marketrally. “We’re getting new money at quarter end, we’re seeing a lot of speculative issues leading the way, particularly […]

Daily Telegraph- The founder of a highly successful City hedge fund has emerged as Britain’s most generous philanthropist. Chris Hohn, who established the Children’s Investment Fund more than five years ago, donated £230 million to the hedge fund’s charitable arm […]

Bloomberg- John Devaney, who invests in subprime- mortgage bonds, restricted redemptions to protect some of his Horizon Strategy hedge funds from being forced to sell assets. It’s “a defensive move because we had an unusually high number of redemption requests,” […]

Reuters- Och-Ziff Capital Management Group LLC, a multi-strategy investment fund with about $26.8 billion under management, filed for an initial public offering on Monday, making it the latest alternative investment firm to seek a public listing. New York-based Och-Ziff said […]

Todays Zaman- Gottesman, a renowned workaholic, often called each of them over the weekend, but a full staff meeting was unusual. The group buzzed with anticipation about what it might mean. At last, Gottesman, a quietly spoken Israeli-born American, looked […]

The Ledger -WILLIAM E. GRAYSON, the president of EGM Capital, a hedge fund firm in San Francisco, has never set foot on the Cayman Islands, but he knows that sun-baked Caribbean haven quite well. That’s because he set up one […]