Category Archives: Activist Funds

Activist Hedge Funds: Ramius Challenges Immersion Choice of Directors

New York (HedgeCo.net) – Alternative investment and hedge fund advisor Ramius Value and Opportunity Advisors LLC, a subsidiary of Ramius LLC., (Ramius) has challenged the board of top touch technology company Immersion to elect a new Director. Ramius also nominated […]

Hedge Fund Richie Capital Challenges Court’s Decision Against Victims Rights

New York (HedgeCo.net) – Hedge fund investment firm, Ritchie Capital Management, L.L.C., has filed a petition for a Writ of Certiorari (a formal written order seeking judicial review), asking the U.S. Supreme Court to review decisions of the Minnesota Federal District Court […]

Activist Hedge Funds: Helvetia Acquires Dunedin Independent

New York (HedgeCo.net) – Zurich-based activist hedge fund manager Helvetia Wealth has expanded its influence in Scotland with the acquisition of Dunedin Independent, Scotland’s largest independently-owned financial advisor (IFA). With GBP350 million ($539 million) in AUM, Dundein is ranked in […]

BNY Mellon Purchases I(3) Hedge Fund Advisors of Toronto

New York (HedgeCo.net) – BNY Mellon, a leading global financial services company, has completed its purchase of I(3) Advisors of Toronto, an independent wealth strategy company with more than C$3.8 billion in assets under advisement. This transaction represents BNY Mellon’s […]

SkyBridge Completes Acquisition of Citi’s FoHFs, Hedge Fund Seeding and Advisory Businesses

New York (HedgeCo.net) – $7.4 billion global alternative investment firm, SkyBridge Capital (SkyBridge) has completed its acquisition of the fund of hedge funds, hedge fund seeding and hedge fund advisory businesses from Citi Alternative Investments LLC (CAI). The hedge fund […]

Man Acquisition of GLG, Launches $63 Billion Hedge Fund

New York (HedgeCo.net) – Hedge fund giant Man Group has created a hedge fund managing $63 billion after acquiring rival $23.7 billion hedge fund GLG Partners in a $1.6 billion in deal. Man Group held a presentation today at 9.30am […]

CRP Report: Top 10 Hedge Fund Democrat Doners

New York (HedgeCo.net) –  According to the Center for Responsive Politics (CRP) for ABC News, hedge fund donors gave almost all their donations to Democrats. During this past election cycle, a little more than 12 months, hedge fund managers contributed […]

SYZ & CO Acquires State Street’s Swiss Institutional Funds

New York (HedgeCo.net) – The Swiss banking group SYZ & CO today announced that it has signed an agreement with State Street Global Advisors (SSgA) for the transfer to SYZ & CO of SSgA’s Zurich-based institutional Swiss fixed income activities. […]

SkyBridge Acquires Three of Citi’s Hedge Fund Businesses

New York (HedgeCo.net) – Hedge fund incubator SkyBridge Capital has agreed to buy the fund of hedge funds, hedge fund seeding and hedge fund advisory businesses from Citi Alternative Investments, LLC (CAI), with total investments under management and advisory of […]

Goldman Sachs Invests In $4 Billion Hedge Fund

New York (HedgeCo.net) – Goldman Sachs’s $1 billion Petershill Fund Offshore LP, has bought a minority stake in a $4 billion hedge fund, according to a Bloomberg report. The hedge fund, Level Global Investors LP., founded by David Ganek, bets […]

Fund.com Expands Hedge Fund & ETF Operations With The Acquisition Of Weston Capital Management

New York (HedgeCo.net) – New York hedge fund manager, Fund.com, Inc., has acquired a $1 billion hedge fund distributor based in West Palm Beach Fl., Weston Capital Management, LLC. “With Weston Capital’s proven capability to seed new fund products, combined […]

Morgan Stanley Loses 6 Senior Traders To Hedge Funds

New York (HedgeCo.net) – Marcin Wiszniewski, a 14 year veteran of Morgan Stanley has quit his job to join the $18.3 billion hedge fund, BlueCrest Capital Management, the Wall Street Journal reports. Wiszniewski joins the London hedge fund May 10, […]