Author Archives: the HedgeCo News Team
What’s hot and what’s not in hedge funds
Financial News Online US – An investor in hedge funds tells a story about the day Japanese equities began to fall in 1989. He remembers nervously picking up the phone to call his hedge fund manager,who had made money riding […]
German G8 presidency to focus on hedge funds
The Raw Story – Chancellor Angela Merkel will use Germany’s presidency of the G8 club of industrial nations next year to push for hedge fund transparency, better trademark protection and moves to boost healthcare in Africa, officials say. Merkel hosts […]
Capitalize on Hedgies Demand for Muni Bonds
Street.Com – Demand for the dullest of assets — yes, that’s right, municipal bonds — has gotten a recent boost from hedge funds. These private investment partnerships are using muni bonds to juice their investment returns, which aren’t as stellar […]
Private Funds Prepare To Lobby
Washington Post – Some top private-equity funds have joined to form a lobbying organization to head off potential regulation. The funds have become some of the most active purchasers of U.S. corporations, pooling money from private investors and companies and […]
Major Burger King franchisee to sell 240 restaurants
Miami Herald – Burger King’s second-largest franchisee, Heartland Food Corp. headed by Miamian Al Cabrera, is cashing out the majority of its business. Heartland will close today on a deal to sell more than 240 Burger King restaurants to GSO […]
Ben Stein on hedge funds
Blogging Stocks – In the never-ending discussion about whether hedge fund managers earn their keep, who better to consult than… a former Richard Nixon speechwriter? Today’s New York Timesfeatured an insightful column by Ben Stein entitled “The Hedge fund kings […]
Gravity shareholders back 2 executives
Boston Globe – South Korean online game developer Gravity Co. Ltd. said Tuesday its shareholders rejected a proposal from U.S. hedge funds to remove two senior executives from its board ofdirectors. Ramius Capital Group and Moon Capital Management on Dec. […]
HEDGE FUND KING PIPES DOWN
New York Post – DANIEL Loeb is as famous for his razor-sharp skills as a hedge-fund manager overseeing $3.5 billion in assets as he is for his vicious attacks on fellow financial whizzes – but hisblowhard behavior may be fading […]
Top regulator questions hedge fund activism
Reuters – Shareholder activism in how companies are run should be welcomed but hedge funds sometimes take it too far, a top regulator said on Wednesday. Michel Prada, a senior member of the International Organisation of Securities Commissions (IOSCO), told […]
Wanted: hedge fund seeks gumshoe
MSN Money – Wanted: private eye with licence to spy on US corporate leaders on behalf of activist hedge fund. The unusual job advert, which appeared on a popular New York website, is set to spoil the Christmas celebrations […]
Tower wins court approval to boost payments to hedge funds
MLive.com – A judge authorized Tower Automotive Inc. to increase the fees it has been paying to a group of hedge funds that recently offered to backstop a $250 million rights offering aimed atextricating the company from bankruptcy. Tower’s request […]
Global’s fund of hedge funds among world’s top
HedgeCo.net ( West Palm Beach ) — Mr. Hani AlJazzaf, Head of Hedge Funds Division at Global, said that EurekaHedge, the world’s largest independent hedge fund research company,ranked the Global Distressed Fund as the 6th best Fund of Hedge Funds in […]