Author Archives: the HedgeCo News Team
Hedge funds find selves in print more in 2005
Reuters – Hedge funds, which long tried to stay out of sight, were featured in 39,989 news stories last year as journalists wrote a record number of articles about the fast growing asset class, datareleased on Tuesday show. Intrigued by […]
New Real Estate Hedge Funds Popping Up
Street.Com – Several notable names are in the midst of raising money for new real estate-focused hedge funds. Two weeks ago, Jay Leupp, managing director of equity research at RBC Capital Markets, became the latest to jump into the space. […]
Reservoir Capital invests $100M in new hedge fund
Investors Business Daily – Reservoir Capital Group, a $2.8 billion hedge-fund firm, has invested $100 million in Octavian Advisors LP, a new fund that will sniff out “special situations” in overseasmarkets. Octavian will be run by Richard Hurowitz and Gregory […]
Overstock Wins California Court Ruling To Proceed With Case Against Hedge Fund
Trading Markets – Tuesday evening, Salt Lake City-based online retailer, Overstock.com, Inc. (OSTK | charts| news | Powerrating), reported a favorable court ruling in its ongoing lawsuit against research firm Gradient Analytics and hedge fund RockerPartners. According to the report, […]
Hedge fund manager’s hearing set next week –
Rocky Mountain News – The first hearing in a federal case against the hedge fund manager accused of hiding massive losses from hundreds of investors, including a few former Denver Broncos players, isset for next week. Kirk Wright, the founder […]
Algoma resolves hedge fund fight
Globe and Mail – Algoma Steel Inc. ended a nasty battle with a New York hedge fund Tuesday by agreeing to pay a $200-million special dividend, appoint new directors and continue to pursue a potential sale or merger. The truce […]
Hedge fund operator sentenced for filing false statements
Eyewitness News – The chief operating officer of a hedge fund was sentenced Monday to one year probation and a $10,000 fine for a market manipulation scheme. J. Douglas Schmidt, 40, of New York, was sentenced in U.S. District Court […]
SPITZ IS THE PITTS
New York Post – IT doesn’t take much to get Harvey Pitt going on the subject of Eliot Spitzer. The former head of the Securities & Exchange Commission clearly isn’t one of the New York Attorney General’s biggest fans. “Eliot […]
Mutual funds aim to profit in bull and bear markets
Investors Business Daily – (MarketWatch) — Mutual funds that use sophisticated strategies to control stock-market risk are coming out from behind their hedges. Long-short funds, which attempt to profit whether stock prices are rising or falling, were recognized as a […]
Bullish Blanchard & Co. sees $800 gold bullion
New Orleans CityBusiness – Blanchard and Co., a precious commodities and rare coin brokerage in the Central Business District, has bullishly forecast gold prices climbing steadily to $300 an ounce,then $400 and $500. With gold futures for April delivery topping […]
Reports of hedge funds’ demise exaggerated
Globe and Mail – There are some signs that hedge funds — the beat-up asset class beset with scandal last year — are poised for a recovery. “On the institution side, we’re getting a lot of traction and retail is […]
SciVest Broadens Strategy Offering With Five New Funds
TORONTO, March 7, 2006: SciVest Alternative Strategies Inc. (“SciVestâ€Â), a manufacturer and distributor of innovative alternative investment products, is pleased to announce that it is broadening itsstrategy offering with the launch of five new funds, aimed at meeting increasing investor […]