Author Archives: the HedgeCo News Team
Group near buying Enron international assets
Reuters – A group of private equity and hedge fund managers appear to be near to buying the international assets of Enron Corp. for close to $2 billion, the Wall Street Journal reported on Thursday. The group seems to be […]
Ivy leave: Yale parts ways with hedge fund
Pittsburgh Post-Gazette – Yale University helped Christopher Hohn build one of Europe’s most successful and activist hedge funds. Now Yale’s $500 million investment and Mr. Hohn’s firm are partingcompany, according to people familiar with the matter. It is a split […]
Feds charge man in hedge fund case
MarketWatch – The Department of Justice on Wednesday unsealed a March 10 criminal complaint against Kirk Wright, charging him with mail fraud relating to the collapse of hedge funds he managed. An arrest warrant has been issued for Wright, 35, […]
Gold near 25-year peak
Finance24 – Spot silver held above $11 an ounce on Thursday, supported by buying by hedge funds who are trying to take new positions ahead of the second quarter on hopes that an exchange-traded fund(ETF) will launch soon. Firm silver […]
Asian hedge funds getting a jump on the IPO game –
Reuters – Asian hedge funds, operating in an increasingly crowded market, have begun funding Chinese and Indian companies prior to their IPOs to get an inside track on hot stock listings and boostmedium-term returns. Hedge funds are becoming a quicker, […]
Pension funds get bolder with hedge funds-survey
Reuters – Pension funds and endowments are using hedge funds to help boost returns and they plan to hire additional managers as they become more familiar with the lightly regulated $1.2 trillionindustry, a new survey shows. In the coming year, […]
Hedge funds create new strategies
Bobsguide – Hedge funds are planning an array of new strategies to continue to provide higher returns for investors, according to a leading expert. Fund manager PSolve Alternative Investments told Reuters that funds are being forced to devise new ways […]
Last Atlantis Capital Management launches Proprietary Options Program
ST. THOMAS, USVI – Last Atlantis Capital Management, LLC (St. Thomas, USVI) announces the launch of The LACM Proprietary Options Program in The Last Atlantis Master Fund. Within Proprietary Options, program traders implement internally developed arbitrage strategies that correlate with […]
Advice for CEOs of Newly Registered Hedge Funds: Pay Close Attention to Compliance Regulations – Interview with Michael T. Jackson
HedgeCo Q&A with Michael T. Jackson, the retired chairman and CEO of the San Francisco-based registered investment advisor EGM Capital corporation. Six years ago, Michael T. Jackson was preparing for a much-deserved retirement. The firm he founded, the former EGM […]
Biovail holders file $4-billion lawsuit
Globe and Mail – Lawyers for Biovail Corp. shareholders said Tuesday they have launched a $4-billion (U.S.) lawsuit against Bank of America Securities, hedge fund S.A.C. Capital Management LLC, andothers for allegedly spreading false information in a “short-selling bear attack†[…]
New Investment by Koenig & Cie. Private Equity Fund of Funds
Financial.de – The private equity fund of funds König & Cie. International Private Equity GmbH & Co. KG, which was launched by bmp, has added another attractive target fund to its portfolio by investing in New Tech Venture Capital II, […]
An IMF hedge fund would benefit the world’s poor
International Herald Tribune – Lawrence Summers has a radical idea. The way I interpret it, the former U.S. Treasury secretary and outgoing president of Harvard University is suggesting that the International Monetary Fund should stop being just a lender […]