Author Archives: the HedgeCo News Team
M&A People Divided on Hedge Fund Role
Black Enterprise – Merger and acquisition specialists, including corporate executives, bankers, lawyers and advisers, differ sharply in their attitudes toward hedge fund involvement in deals, according to a new survey by IntraLinks, a business information technology provider. Some 427 M&A […]
RPT Ahold board split over hedge fund call for break-up of business
Forbes – The board of Dutch supermarket group Royal Ahold NV is split over whether to sell off key parts of the business following break-up calls from hedge funds Centaurus Capital and Paulson & Co, The Business newspaper reported, citing […]
Hedge Fund Hurricane
HedgeCo.Net (New York) – Hedge funds are embracing the risk of CAT, or catostrophe bonds, as insurers sell more of the securities to protect themselves from increasingly unstable weather triggered by global warming. After seeing yields of as much as […]
Islamic Hedge Fund Niche
HedgeCo.Net (New York) – Hedge fund Shariah Capital, is looking for strategic partners in the Middle East among the local banks with international funds, and major investment institutions and high net worth individuals. “Hedge funds are all about diversification†they […]
Hedge Fund Link Ends for U.S. Official
Washington Post – One of the Treasury Department’s top officials dealing with hedge funds has agreed to forgo up to $1.5 million in severance payments from his former employer, which invests in hedgefunds. Emil Henry Jr., assistant secretary for financial […]
Ahold says no talks with hedge funds
Reuters – Dutch retailer Ahold posted forecast-beating second-quarter earnings on Thursday and said it was not in talks with two hedge funds keen on a break-up, or private equity firms eyeing abuyout. The stock rose more than 3 percent, approaching […]
Wegener talks to British fund over strategy
Reuters – Dutch-based media group Wegener said on Friday it had talked to British fund Governance for Owners but had not come under pressure over its strategy amid a mounting debate over shareholderactivism. Dutch financial daily Het Fianancieele Dagblad reported […]
UK hedge fund targets Stork
Independent – Centaurus Capital, a London-based hedge fund, has launched a shareholder campaign to try to force the Dutch engineering group Stork to break itself up. Centaurus, acting with the fellow hedge fund Paulson & Co, which is based in […]
Harcourt’s Belmont Fund registered for public distribution
HedgeCo.Net (New York) – Harcourt Investment Consulting AG is pleased to announce that its Belmont (LUX) style fund of hedge funds range has been approved for public distribution in Switzerland. This takes effect immediately. The Belmont (LUX) funds are funds […]
Hedge Funds Dig Mining Companies
HedgeCo.Net (New York) – Terence Ortslan, managing director of TSO & Associates, said in his analysis regarding the mining industry, “There’s a clear message that the market is more interested in cash than in building companies.†this brings to light […]
Hedge fund says Sizeler should abandon Revenue deal
Reuters – Sizeler Property Investors Inc. is facing increased pressure from a hedge fund shareholder to reject a deal to sell itself to Revenue Properties Co., according to a regulatory filing onWednesday. Kenner, Louisiana-based Sizeler, a real estate investment trust […]
Man Group Names Clarke Chief, Fink as Deputy Chairman
Bloomberg- Man Group Plc, the world’s largest hedge-fund manager, said finance director Peter Clarke will replace Stanley Fink as chief executive next year. Fink, 49, will become non-executive deputy chairman in April 2007, the London-based company said in a Regulatory […]