Author Archives: the HedgeCo News Team
DOW Jones 2006 Performance Review
All of the six hedge fund strategies covered by Dow Jones Hedge Fund Indexes posted net-of-fees gains in December contributing to the strong overall performance for 2006. With a net-of-fees return of 1.77%, distressed securities posted the high return in […]
BGI gets Ahead with Hedge Fund Technology
HedgeCo.Net (New York) – Blake Grossman, the head of Barclays Global Investors in San Francisco said “We didn’t set out to be a hedge fund giant,” Nevertheless, BGI managesalmost $1.7 trillion in assets and has a stake in 65 of […]
Hedge Fund Manager Hired by L&G
HedgeCo.Net (New York) – Legal & General, the UK pension fund worth £218 billion, has appointed former hedge fund executive Ian King as head of L&G’s active European equities. He was involved in 2006 in establishing KDR Europe, a European […]
ex-Pirate’s Launch new Hedge Fund
HedgeCo.Net (New York) – Two former analysts and a portfolio manager from activist hedge fund Pirate capital have joined a new hedge fund started byanother ex-Pirate colleague. Andrew Stotland, a former marketer at Tom Hudson’s Pirate Capital, formed FrontFour Capital […]
New Film Hedge Fund
HedgeCo.net ( New York ) – An established Hollywood producer and technology entrepreneur has decided to launch a film hedge fund. Mark DiSalle is launching Colosseum Pictures L.P next month.The fund is organized to invest in full-length motion pictures and […]
Round II — The SEC Takes Aim at Hedge Funds and Private Equity Funds with Proposed Fiduciary Rule and Increased Accredited Investor Standard
HedgeCo.net ( West Palm Beach ) – On December 27, 2006, the SEC published two new rule proposals, a broad anti-fraud rule, and a substantial increase in the net worth standard for individuals who can invest in certain types of private […]
Private equity finds appetite for pharmaceuticals
LONDON (Reuters) – Private equity — traditionally wary of the complex drugs sector — is increasingly scanning the pharmaceuticals industry for value, suggesting scope for sizeable buyouts in 2007. Dutch-based Akzo Nobel (AKZO.AS: Quote, Profile , Research) is talking to […]
Hedge fund con man out on $1.1M bond – Worcester Telegram
EW HAVEN, Conn. A former college student who posed as a Turkish heir and persuaded sophisticated investors to pour millions into a nonexistent hedge fund was released on bond yesterday. Hakan Yalincak’s release on $1.1 million bond until his Feb. […]
Polar Capital applies to list on AIM
LONDON (Reuters) – Polar Capital Holdings, which runs hedge funds and other funds, said on Monday it was applying to float its shares in London, adding to a recent trend of investment company listings. Polar, which was founded in 2000 […]
Hedge Fund Technology Training 2007
HedgeCo.Net (New York) – Chameleon productions is holding a conference on the future of algorithmic trading this March in London. Chameleon is asking hedge fund managers andother high level investors to submit papers on working showcase application, case studies, progress […]
Hedge Fund buys Access to Energy Trading and Delivery
HedgeCo.Net (New York) – Highbridge Capital Management, a $17 billion hedge fund is reported to have taken a $1 billion equity stake in the energy business of Louis DreyfusGroup, the old-line commodities trading firm, in a deal worth about Highbridge […]
Conifer Securities: Scrutiny of Hedge Funds Operational Risk to Intensify in 2007
SAN FRANCISCO, January 8, 2007 – Operational scrutiny of hedge funds will continue to intensify this year due to demands from investors and regulators, according to Conifer Securities, a leading provider of business and operations solutions to hedge fund managers, […]