Author Archives: the HedgeCo News Team
Polygon drops Newcastle United bid plans
Reuters South Africa – A consortium backed by U.S. hedge fund Polygon said on Thursday it had dropped its interest in English Premier League side Newcastle United, leaving the door open forJersey-based investment firm Belgravia. “St. James’ Park Group Ltd […]
SMART Papers Acquired by Hedge Fund
Houston Chronicle – SMART Papers, a maker of papers for writing, commercial printing, graphic arts and packaging, has emerged from Chapter 11 bankruptcy with new ownership, officials said Wednesday. Plainfield Asset Management, which took a 92.5 percent stake in SMART […]
Blurring of the Line: Private Equity and Hedge Funds are Converging
American Venture Magazine – The phenomenon of the convergence of private equity firms and hedge funds has garnered a tremendous amount of attention. As this trend gained visibility, affected investment communities sought a broader perspective on how it developed, who […]
Activist Hedge Fund calls for sale Of Sunpower
HedgeCo.Net (New York) – Activist hedge fund Chapman Capital LLC announced that it has notified the Board of Directors of Cypress Semiconductor Corporation of its recommendation that Cypress reorganize via a split-off and subsequent going-private LBO transaction. A letter from […]
Hedge Fund Trades Picks the ‘Magnificent Seven’ Most Profitable Trades of 2006
MSN MoneyCentral – Hedge Fund Trades, the premier weekly newsletter covering the trading activity of hedge funds, has come out in today’s issue with a list of seven top trades of 2006, whichcollectively racked up profits of $2.3 billion. All […]
Harbinger hedge fund to run board slate at Ryerson
Reuters – Harbinger Capital Partners, a $5 billion hedge fund group, said on Tuesday it plans a proxy campaign to elect seven new directors on the board of Ryerson Inc., a metals processing companythat it says is underperforming rivals. New […]
Hedge Funds Win Refco Case
CattleNetwork.com – A group of hedge funds that fought to boost payments to stockholders in Refco Inc.’s bankruptcy proceedings won the right to collect more than $1.2 million in legal fees andexpenses from the former commodity brokerage, marking a final […]
Man Investments, Terrapinn announce Hedge Fund World Awards
Maktoob Business – Man Investments, a leading provider of hedge fund products, and business media group Terrapinn today announced the launch of the Hedge Fund World Awards which recognises and honours excellence in the Middle East hedge fund industry. The […]
Predictions for Hedge Funds in the New Year
HedgeCo.Net (New York) – “A hedge-fund manager will buy Aston Martin.” That’s the forecast according to Bloomberg columnist Matthew Lynn. Pretty bold, but you never know, healso says that “farming will become a great way (for hedge funds) to get […]
Credit Suisse/Tremont Research Shows Positive Emerging Markets Trends in Hedge Fund Industry
Credit Suisse/Tremont today released its latest industry commentary, Emerging Markets Trends in the Hedge Fund Industry, and revealed positive news for hedge funds that invest in emerging markets. The new research compares the changing environment of the emerging markets sector […]
Overstock.com lashes out at critics on Web
New York Post – Overstock.com’s war against its critics is taking an ugly new twist, as a Web site aided and supported by its management is leveling sharp charges against two Internet message boardposters. The site, AntiSocialMedia.net, launched bitter attacks […]
An emerging hub for the hedge fund services market
HedgeWeek – As hedge funds have become a growth area for the North American marketplace, Toronto has emerged as the Canadian hub for the industry, thanks to its stable business environment, supportive regulatory framework and favourable conditions for growth. For […]