Category Archives: HedgeCo News
UAE Asset Manager Launches Hedge Funds
West Palm Beach (HedgeCo.net) – US-based Stream Asset Management announced the launch of a credit dislocation fund and a multi-strategy credit hedge fund, the company said in a press statement. The move is part of Gulf Stream’s aggressive expansion strategy to […]
Africa Roundtable Hedge Fund Update
West Palm Beach (HedgeCo.net) – The Opalesque South Africa Roundtable was held November 10th 2008 in their Cape Town Office. There, the participants also discussed the particularities of investing in Africa (ex-South Africa). South Africa’s equity and fixed income markets displayed […]
Are Managed Forex Accounts Suitable for Short-term Hedge Fund Investors?
West Palm Beach (HedgeCo.net) – In an interview with Geneva based Forex trader and currency specialist Robert Paulson, he said; "Trading the Forex market is for serious investors seeking alternative investment opportunities." Clients pulling out of hedge funds due to the […]
Ronaldo Hermoso Appointed Director of Hedge Funds at OakRun
West Palm Beach (HedgeCo.net) – Hedge fund manager OakRun Capital announced the appointment of Rolando Hermoso as director of funds. Their newly launched Short Term High Yield Fund also delivered November annualized yield of 9.58%. Hermoso has over 27 years in […]
Neuberger Berman to buy Lehman Holdings
West Palm Beach (HedgeCo.net) – Due to their recent share decrease, Lehman Brothers Holdings Inc. has agreed to sell majority interest to asset manager Neuberger Berman. The transaction will create a new, independent investment management company to be called Neuberger […]
Big Time NYC Lawyer Accused of Scheming Hedge Funds
New York (HedgeCo.Net) – A prestigious New York City lawyer has been arrested and charged with masterminding a $100 million real-estate scheme that targeted large institutional investors and hedge funds. Marc Dreier, of Dreier LLP on Park Avenue, was arrested […]
Alternative Investors Form Joint Venture to Expand Africa’s Telecommunications Infrastructure
West Palm Beach (HedgeCo.net) – Satellite communications company Intelsat is launching a joint venture with a South African alternative investor group led by Convergence Partners. The joint venture plans to finance, build and launch a new satellite, Intelsat New Dawn, featuring […]
Dodd Stresses Importance of Auto Bailout, Has Message for GM
New York (HedgeCo.Net) – Saying that GM is in the “worst shape,” Senate Banking Committee Chairman Christopher Dodd told the struggling automaker that they’ve got to consider new leadership if they want to receive federal aid. The comments prompted many […]
Experts Discuss Hedge Fund Growth at ‘Fighting the Tape’ Seminar
West Palm Beach (HedgeCo.net) – Top financial industry leaders and more than 200 attendees gathered in New York late last week discuss the volatile hedge fund market and provide insights on distressed funds. Sponsored by global offshore law firm Walkers, the […]
Canada’s Hedge Funds Care Group Raise $150K for Kids
West Palm Beach (HedgeCo.net) – Canada’s hedge fund industry gathered in November to raise $150,000 in support of Hedge Funds Care Canada (HFCC), which is dedicated exclusively to the treatment and prevention of child abuse and neglect. "The Canadian hedge fund […]
Oxford Funding adds $40 Million in New Properties to its Hedge Fund
West Palm Beach (HedgeCo.net) – Oxford Funding Corp. has signed a letter of intent to acquire $40 million in new properties into its hedge fund, The Oxford Opportunistic Mortgage Fund, Ltd. The assets are being acquired from ARCOA Capital Partners, LP, […]
Lee Sustains Losses, May Shut Down Two Hedge Funds
New York (HedgeCo.Net) – Hedge fund investor Thomas H. Lee may downsize or shut the door to two of his funds after posting losses of about 40 percent this year, according to the Wall Street Journal. The funds, which together […]