Author Archives: the HedgeCo News Team
Greenwich Changes Name to Match New Hedge Fund Strategy
HedgeCo.Net (New York) – Greenwich-Van LLC announced that the company will now be known as Greenwich Alternative Investments. The new name reflects the broadening scope of hedge fund investing andcontinued increase in institutional demand for alternative investments. The names of […]
Hedge Funds Care Cayman Raises $250.000 for Charity
HedgeCo.Net (New York) – Hedge Funds Care Cayman held its second annual black tie dinner, Open Your Heart to the Children Benefit, at the Ritz–Carlton last month, raising more than US$250,000. LastNovember, the inaugural benefit dinner raised a net total […]
Hedge funds only for the rich-Connecticut official
Reuters – Connecticut’s top law enforcement official threw his weight behind a proposal on Wednesday that would require potential hedge fund investors to be wealthier. “Raising net worth requirements is a critically significant first step toward helping protect vulnerable investors […]
Hedge funds hold key to Nasdaq control of LSE
The Age – US TECHNOLOGY exchange Nasdaq will focus its persuasive efforts on a clutch of hedge funds to win the battle to control the London Stock Exchange. Hedge fund investors in the LSE control 30-35 per cent of the […]
Hedge funds drive up London rents
Shanghai Daily – JOHN Angelo, co-founder of US$12 billion hedge-fund manager Angelo, Gordon & Co, said yesterday he doesn’t quibble about paying record rent for an office in London’s Mayfairdistrict, the world’s most expensive business location. “If you’re going to […]
Eurex targets hedge fund business with price cut
MSN MoneyCentral – Eurex, the derivatives exchange, is to cut trading fees by up to 30 per cent on certain high-volume futures and options contracts in an attempt to attract more business fromalternative investors such as hedge funds. The exchange […]
Goldman CFO says hedge fund woes could hit 1st-qtr
Reuters – Weak performance in Goldman Sachs Group’s flagship hedge fund this year could put a dent in the bank’s first-quarter results, Chief Financial Officer David Viniar told investors Tuesday. Goldman’s $10 billion Global Alpha hedge fund is down roughly […]
Merkel to focus on transparency of hedge funds for G8 presidency
Forbes – German Chancellor Angela Merkel said she intends to focus on the transparency of capital markets, including hedge funds during Berlin’s presidency of the Group of Eight (G8) countries in2007. Germany has called for hedge funds — which manage […]
Commodities Investors Eye Hedge Fund Returns Over Indexes
CattleNetwork.com – The relentless flow of money into commodity index funds is slowing as money managers chase higher returns in commodities hedge funds, Barclays PLC unit (BCS) Barclays Capital said Tuesday, citing a survey of clients. Although fund managers are […]
M&G to broaden remit on three fettered funds of funds
CityWire.co.uk – M&G is planning to alter the objectives of three of its leading fettered fund of funds to allow investment in a broader range of assets. Under the plans the three funds – the M&G Managed Fund, M&G Managed […]
PerTrac Adds Managers to Sales Team – Staff Nearly Doubles in 2006
HedgeCo.net — New York – December 13, 2006 – PerTrac Financial Solutions, LLC, creators of the PerTrac Suite of Investment Solutions, a unifiedfront-and-middle office platform for investment analytics and workflow management, announced today that Dan Jacobs and Tim Knox have […]
Ritchie Capital Said to Be Close to Selling Assets in Major Fund
New York Times – Ritchie Capital Management, a $2.8 billion hedge fund based in Geneva, Ill., is close to an agreement to sell the assets in its flagship multi-strategy fund for about $1 billion,said a person briefed on the negotiations. […]