Author Archives: the HedgeCo News Team
Deutsche Bank to Spin-off Hedge Fund unit
WEST PALM BEACH, FL (www.hedgeco.net) – Deutsche Bank Advisors has announced it will be spinning of its hedge fund proprietary hedge fund operation, GSA Capital, an assets management subsidiary basedin London. The unit is made up of 16-member staff, drawn […]
Icahn Partners LP falls short of the $3 billion target for a new Hedge Fund
WEST PALM BEACH, FL (www.hedgeco.net) – Financier Carl Icahn has fallen short of his projected $3 billion target for his new hedge fund, Icahn Partners LP. According to the filings with the USSecurities and Exchange Commission {SEC}, Icahn Partners has […]
T&D Asset Management to launch new Hedge Fund
WEST PALM BEACH, FL (www.hedgeco.net) – T&D Asset Management has announced plans to launch a new hedge fund. According to the press release, the Asset Manager will introduce a new fund of hedgefunds vehicle with the hope of capturing the […]
Hedge Funds play dominant role in US Distressed Debt Trading
WEST PALM BEACH, FL (www.hedgeco.net) – Hedge funds now wield significant influence over trading in US Distressed debt according to a recently released study conducted by Greenwich Associates, analternative investment advisory firm. According to the study, hedge funds now account […]
Ex-Soros Manager starts new Hedge Fund
WEST PALM BEACH, FL (www.hedgeco.net) – Mike Donatelli, a former manager with Soros Funds has launched his own hedge fund. The new fund is called EAC Partners, and was put together with six otherpartners according to the report. Donatelli managed […]
Former Goldman Sachs Managers launches new Hedge Fund
WEST PALM BEACH, FL (www.hedgeco.net) – Three former Goldman Sachs managers Girish Reddy, Gavyn Davies and Thomas Healey have announced the formation of Prisma Capital Partners, LP. The new hedgefund of funds has over $1.5 billion in assets under management […]
Unit of Mellon Financial Corp Buys Hedge Fund Administrator
WEST PALM BEACH, FL (www.hedgeco.net) – Mellon Financial Corp. said it agreed to buy DPM, a hedge fund administrator based in Somerset, New Jersey. The transaction is slated to close in the firstquarter according to the report. DPM oversees over […]
Korean Group Calls for Taxation of Foreign Hedge Funds
WEST PALM BEACH, FL (www.hedgeco.net) – A Korean civic group is calling on the Korean Government to institute special taxation for foreign based hedge fund companies doing business in the country,such as the Lone Star and Newbridge Hedge Fund firms […]
Aetna Selects SEI Investments to run its Fund of Funds
WEST PALM BEACH, FL (www.hedgeco.net) – Aetna Capital Management, LLC (ACM) has selected SEI Investments to administer its hedge fund of funds business. According to the press release, �SEI isutilizing its proprietary hedge fund operating platform to provide support and […]
Man Group launches new Fund of Hedge Funds
WEST PALM BEACH, FL (www.hedgeco.net) – Man Investments announced it is launching a new fund of hedge funds. The new product is called Man Glenwood Equity Opportunities. The fund is to be managed bythe Chicago based fund of hedge funds […]
Hedge Funds targeting the Asian market
WEST PALM BEACH, FL (www.hedgeco.net) – Hedge fund managers are attracted to the growing opportunities in Asia. Market analysts believe part of the reason is that many of the Asian markets are farless researched compared to the markets in the […]
CSFB/Tremont Hedge Fund Index up 1.61 in December, 9.64% in 2004
CSFB/Tremont Hedge Fund Index Is Up 1.61% In December; Event Driven Multi Strategy Sub Strategy Is Top Performer, Up 2.62% CSFB/Tremont Investable Hedge Fund Index Is Up 0.99% Net In December; Long/Short Equity Sub Strategy is Top Performer, Up 3.33% […]