Author Archives: the HedgeCo News Team
Cumulus Energy Fund To Launch On October 1st
(LONDON, 24 August 2006) — The London-based investment management team at Cumulus Weather Fund, on the PCE Investors Limited platform, is launching the Cumulus Energy Fund on October 1st. The Cumulus Energy Fund will replicate the successful energy trading strategy […]
FalcInvest Seeks Distributors For First Dutch ‘ABL’ Fund
The FalcInvest Group, an independent alternative investment organisation based in the Netherlands, has commenced marketing the first Dutch fund-of-funds that focuses solely on Asset Backed Lending strategies. FalcInvest Specialist Finance Fund incorporates several ABL strategies that have proven to […]
Hedge Fund takes Steel Company Public
HedgeCo.Net (New York) – Claymont Steel Holdings Inc. has filed a request with the S.E.C. to take the plant public. Claymont Steel was incorporated in May 2005 as H.I.G. SteelCo Holdings, Inc. and in June 2006 the company was renamed […]
Former Hedge Fund Manager creates financial Cartoon Website
HedgeCo.Net (New York) – “Imagine Jon Stewart, Bill Maher and Shrek, rolled into a cohesive and scalable platform, providing valuable market insight with snarky humour and cunning wit.†This is how Todd Harrison, former president of Cramer Berkowitz, a $400 […]
Failed hedge fund haunts celebrities
Pittsburgh Post-Gazette – In the annals of hedge-fund collapses, Sylvester Stallone is among lucky investors who walked away unscathed — or so it seemed. In 1997, the actor invested $2.5 million in a private investment partnership called Lipper Convertibles. Four […]
Some Hedge Funds to Stay Registered
MSN MoneyCentral – WASHINGTON (AP) – A failed regulatory push by the Securities and Exchange Commission may leave a lasting impression on the hedge-fund industry, according to a Greenwich Associatessurvey to be released Wednesday. Hedge funds, which are investment pools […]
Dutch Ahold won’t meet hedge fund shareholders
Reuters – Ahold (AHLN.AS: Quote, Profile, Research)(AHO.N: Quote, Profile, Research) is ignoring requests for meetings with hedge funds Paulson & Co. Inc. andCentaurus Capital, which want to reshuffle the ailing Dutch retailer, a person familiar with the talks said. The […]
Gateway in spotlight as hedge fund shows interest –
In just two days’ time, a hedge fund has managed to do for Gateway Inc. what its own earnings reports, pledges of growth in new markets and new CEO haven’t been able to do for months: get investors to once […]
Billionaire hedge-fund chief expects to shake things up
Reading Eagle – When Nelson Peltz puts his money at risk in a company, he expects to shake things up. That was the case in his junk-bond fueled takeover of National Can Co. in 1985, his celebrated turnaround of soft-drink […]
Horizon Enjoys Solid Growth In 15th Anniversary Year
CHICAGO, August 22, 2006 – Horizon Cash Management LLC, a leading cash manager for alternative investment funds, today announced that with the addition of new clients, there has been an increase in assets of $600 million so far in 2006, […]
Hedge funds are caught out by equity markets
The Sunday Times – HEDGE fund managers who fail to hedge were blamed yesterday for a prolonged bad patch for the industry that has now stretched into its fifth month. Hedge funds have increasingly been placing directional bets on rising […]
Pirate Capital to Soft-Close at $2 BN
HedgeCo.Net (New York) – Pirate Capital LLC, the activist hedge fund manager, is planning to soft-close its funds once the firm’s assets under management reach $2bn, thefirm had an AUM of $1.7bn, as of July 31, 2006, and it is […]