Category Archives: HedgeCo News

Fed Survey: Hedge Funds and the Shadow Banking System

October 15, 2010 : Permalink

New York (HedgeCo.net) – The new Fed’s Senior Credit Officer Opinion survey (FSCOO), modeled after the better-known Senior Loan Officer Survey (SLOS), showed that hedge funds, private-equity firms, insurance companies and other big investors got better terms from lenders during the summer […]

Hedge Fund Fall Networking Event

October 14, 2010 : Permalink

New York (HedgeCo.net) – This year’s HedgeCo Fall Networking Event is being held in New York at the Nikki Midtown 151 E 50th St, between 3rd Avenue and Lexington. The event is a chance for investors, hedge fund managers and […]

Hedge Fund Mergers & Acquisitions: Man & GLG Partners – $63 Billon.

October 14, 2010 : Permalink

New York (HedgeCo.net) – GLG Partners, Inc,. has been acquired by by hedge fund giant Man Group plc today, making GLG a wholly owned subsidiary of Man. The goal being to create a multi-style, performance-focused alternative asset manager with funds […]

50 Cent Gets $200 Million From Hedge Fund Film Partners

October 13, 2010 : Permalink

New York (HedgeCo.net) – George Furla’s Hedge Fund Film Partners has invested $200 million in actor/rapper 50 Cent’s film company Cheetah Vision, according to Variety magazine. “The thing about 50 Cent is that, just like in his music career, he […]

Eurekahedge: Hedge funds deliver best returns in 16 months

October 13, 2010 : Permalink

New York (HedgeCo.net) – The Eurekahedge Hedge Fund Index advanced to a healthy 5.15% year-to-date return, after witnessing its best September on record. The MSCI World Index also posted strong gains of 6.75% for the month. Hedge funds were positive […]

UBS Awards $116 Million To Standard Life Investments Hedge Fund Portfolio

October 13, 2010 : Permalink

New York (HedgeHo.net) – Standard Life Investments has been selected by UBS PACE Select Advisors Trust to manage a 25% (approximately $116.5m) component of its UBS PACE Alternative Strategies Investments. In managing its portion of the hedge fund, Standard Life Investments […]

People Moves: Hedge Fund BTIG Expands London Team

October 11, 2010 : Permalink

New York (HedgeCo.net) – Hedge fund broker dealer BTIG Ltd., announced the expansion of its London-based team with the addition of four new sales and trading professionals: David Abraham, Andrew Rosen, Julie Beecher and Adam Bergenfield. They join a team of […]

Update: Hedge Fund Bankruptcy Trustee Sues Investment Firms

October 11, 2010 : Permalink

New York (HedgeCo.net) – The trustee for failed hedge fund Petters Group, Douglas Kelley, has sued the Epsilon-Westford funds founded by Steve Stevanovic, according to Bloomberg. The bankruptcy trustee is seeking to recoup over $3.2 billion to cover the company’s debt, Bloomberg said, “Seventeen funds affiliated with […]

Hedge Fund Launch: Merchant Global Resources UCITS Fund

October 7, 2010 : Permalink

New York (HedgeCo.net) – UCITS umbrella providers to the global hedge fund industry, Merchant Capital launched their third fund, the Merchant Global Resources UCITS Fund. “We are delighted to be launching the Merchant Global Resources Fund.” George Cadbury, co-founder of […]

HCN Hedge Fund Indices Inflows Through August 2010

October 6, 2010 : Permalink

New York, October 6th, 2010 (HedgeCo.net) – The HedgeCo.Net (HCN) Hedge Fund Aggregate Index showed an average annual return of +7.14%, through July 2010, compared to the S&P500 which showed an average of +4.08%. Some of the key findings include: The […]

Hedge Fund Launch: Opal Fund

October 6, 2010 : Permalink

New York (HedgeCo.net) – Emeralt Investments is launching the Opal Fund 1 September 2010 to add to its range of Eastern Europe hedge funds. With significant seed capital from a Swedish investment company, Opal will take liquid long and short positions […]

Wiretap Evidence Challenged In Galleon Hedge Fund Case

October 5, 2010 : Permalink

New York (HedgeCo.net) – Hedge fund founder Raj Rajaratnam is again seeking to throw out the evidence gained by the prosecution’s wiretapping last year. “In applying for wiretap permission in March 2008, an FBI agent failed to tell a judge […]