Author Archives: the HedgeCo News Team
Hedgebay looks to match hedge fund buyers, sellers.
Reuters – Hedge fund investors can sometimes face daunting challenges, both getting into attractive funds or exiting funds with long “lock up” provisions in an industry that continues to growrapidly. But an increased number of restrictions is benefiting Hedgebay Trading […]
Investors sue advisers to Wood River hedge fund
Reuters – An investor group led by Edison Fund Ltd. said on Thursday it sued attorneys, auditors and advisers for defunct hedge fund Wood River Partners LP, seeking to recoup $200 million that theysay is owed to them. The suit, […]
SEC lawsuit accuses hedge fund investors of fraud
Chicago Sun-Times – The U.S. Securities and Exchange Commission claims in a lawsuit Thursday that an investment adviser placed investors’ money in a fraudulent hedge fund. The SEC filed the lawsuit against Sharon E. Vaughn and her investment advisory company, […]
Hedge fund adds two more nominees for Algoma board
The hedge fund that is wrestling for control of Algoma Steel has added two more names to its list of proposed directors for the steelmaker. New York-based Paulson & Co. said it has added its president, John Paulson, and Desjardins […]
Hedge funds cash in on rise in hostile bids
Reuters – Hedge funds are filling their boots on share speculation, as European hostile or unsolicited M&A bids reach a six-year high, fund sources say. Unsolicited bids are good news for share-speculation — the initial bid is typically rebuffed, increasing […]
Mergers and acquisitions record seen
Philadelphia Inquirer – After a strong start in January and February, investment bankers are predicting a record year for corporate mergers and acquisitions. The year has already brought Boston Scientific Corp.’s $27.2 billion acquisition of Guidant Corp. and the Walt […]
Hedge Funds Cross The Hudson
Forbes – In a deal that neatly encapsulates the last several years of real-estate history and points to some of the trends shaping today’s leasing market in the New York area, Citco Funding Service has agreed to a 15-year, 70,000-square-foot […]
Man Group says hedge-fund fraud a US phenomenon
Reuters.uk – Hedge-fund fraud has been rife in the United States because books are not valued independently and because the industry there was — until recently — unregulated, Man Group told Reuterson Wednesday. Hedge funds in the United States now […]
Funds That Play The Field
BusinessWeek – For nearly two decades, equity mutual funds have been boxed in. That’s because marketers have been packaging funds by investment styles such as small-cap value or large-cap growth at the behest of pension consultants and financial advisers who […]
Hedge fund and high-flier manager fined £1.5m
Guardian Unlimited – One of the City’s best known but most publicity-shy hedge funds and one of its top traders have been fined a combined £1.5m following a two-year investigation by the Financial Services Authority. The fines of £750,000 apiece […]
Hedge Fund Business Still Attracts Big Players
Forbes – Despite record numbers of hedge funds closing up shop last year, firms continue to be lured to the business. Earlier this week, Kohlberg Kravis & Roberts announced plans for a new distressed debt-focused fund, to be rolled out […]
Market grows skeptical about hedge funds’ impact
The Standard – A US$200 million (HK$1.56 billion) investment by The Children’s Investment Fund (TCI) in local property developer Chinese Estates Holdings this week is unlikelyto be the last foray into Hong Kong property stocks by the British-based hedge fund, […]