Author Archives: the HedgeCo News Team
The Hedge Fund Report: Trading to a Major Quarter
Street.Com – Hedge fund returns generally outran the broader market last month, and many strategies had similarly strong results for the first quarter as well. “Hedge funds continue to outperform the S&P 500 index, with technology, Asia-Pacific and Europe leading […]
CalPERS, CalSTRS launch database
East Bay Business Times – The nation’s two largest public pension funds plan to build a “first-of-its-kind” database of emerging managers and financial service providers. The effort by the California Public Employees’ Retirement System and the California State Teachers’ Retirement […]
Cerberus To KKR: Eat Our Dust
BusinessWeek – It was an epic showdown between legendary buyout king Henry R. Kravis and New Age hedge fund manager Stephen A. Feinberg — and Feinberg won. On Apr. 3, General Motors Corp. (GM ) announced that it would get […]
A Capital Crowd
BusinessWeek – A kind of high-end investment club, Tiger 21 gives its multimillionaire members a chance to share deals, financial advice, and a few life lessons. Thomas Gallagher shifted uneasily in his seat. He waited for each of the 10 […]
Hedge fund seeks to block key Delphi restructuring plans
Fort Worth Star Telegram – A hedge fund run by billionaire investor David Tepper launched a new bid Monday to slow Delphi Corp.’s restructuring plans, asking a judge to bar the company fromjettisoning its labor union agreements and its money-losing […]
Hedge funds in view as Fed ponders systemic risk
Reuters – The explosive growth and mounting integration of hedge funds into the world financial system has increased risks in the industry and needs scrutiny, central bank policy-makers and industryexperts warned. Gathered at a two-day conference hosted by the Federal […]
Nobel to invest in hedge funds for first time
MSNBC – The organisation that funds the Nobel Prizes has decided to invest in hedge funds for the first time, tapping three firms for its maiden investments. The Nobel Foundation, which has more than $450m in managed capital, has invested […]
Nottinghill launches hedge fund to gain from growth stocks
Business Courier – It’s not exactly on the cutting edge, but Cincinnati is starting to join the trend of hedge funds popping up like weeds. Anderson Township-based Nottinghill Investment Advisers is at least the third local firm to start a […]
Connecticut, home to more than a third of Hedge Funds
Waterbury Republican-American – For now, Bruce McGuire and others in the hedge fund industry can rest easy; their detailed financial information will remain confidential and no anti-fraud unit willsniff around their work anytime soon. A bill recently introduced in the […]
Hedge-like mutual funds to be ranked by Morningstar
Waterbury Republican-American – The hedge-fund industry has achieved considerable success selling investments designed to make money no matter how the stock market fares. So far, the relative handful of mutual funds using hedge-fund strategies has not made market inroads, although […]
Larry’s list of legal hits
New York Post – Hedge fund guru Lawrence Goldfarb – the man behind a $30 million plan to revive Murder Inc. mogul Irv “Gotti” Lorenzo’s record label – has a past nearly as scandal-prone as hisnew hip-hop counterpart. Goldfarb, who […]
You have met the cowboys, now meet hedge fund organisation man
Financial Times – Meet the new face of the London hedge fund: the organisation man. The old face of the London hedge fund operator might be characterized as the cowboy – the founder who built his firm around his gifts […]