Category Archives: HedgeCo News
PureWave Secures 12 Million with help of 4 Venture Funds
West Palm Beach (HedgeCo.net) – PureWave Networks Inc. has raised $12 million in Series B funding. ATA Ventures and Leapfrog Ventures were joined by venture funds Allegis Capital and Benhamou Global Ventures. Two new funds, ATA Ventures and Leapfrog Ventures, have […]
Citadel Hedge Funds Down, But Not Out
New York (HedgeCo.Net) – Chicago-based Citadel Investment Group lost 13 percent in November, according to a report published by the Wall Street Journal. This brings the hedge fund firm’s total losses to 47 percent for the year. The losses stem […]
EU Hedge Funds May Face Greater Regulation
New York (HedgeCo.Net) – Those who push for greater transparency of the hedge fund industry had a victory this week, when an EU official all but declared that funds in the European Union will be regulated. Charlie McCreevy, the bloc’s […]
Paulson: Unaffected by Hard Times
New York (HedgeCo.Net) – At a time when most hedge funds are posting their worst year to date, John Paulson somehow manages to stay afloat. The founder of Paulson & Co. has informed investors that his funds are in fact […]
Russia Looks Gloomy due to Crisis
West Palm Beach (HedgeCo.net) – The Russian market continued to sell off in October as the global financial crisis continued to wreak havoc everywhere, according to the Pharos Russia Fund, October was the fifth consecutive month of losses for the RTS […]
Rival Hedge Fund Avoids Steep Loses through Downside Protection Strategies
West Palm Beach (HedgeCo.net) Canadian hedge fund manager, Rival Capital Management launched the Rival North American Growth Fund and since 2007 it has gained more than 80 accredited investors and $15 million in assets under management (AUM). Headquartered in Winnipeg, […]
Ramius To Wind Down Four Hedge Funds
New York (HedgeCo.Net) – New York City-based Ramius Capital will close four of its hedge funds that manage about $550 million in capital, the Wall Street Journal reports citing people familiar with the matter. The closing hedge funds are concentrated […]
Congress to Hear Automakers Amended Rescue Plan Today
New York (HedgeCo.Net) – Board members of General Motors met this past weekend to go over a proposal that will be presented to Congress today in hopes of securing up to $12 billion in emergency funding. The money is part […]
Tudor’s BVI Hedge Fund Suspends Redemptions, Will Split in Two
New York (HedgeCo.Net) – Hedge Fund firm Tudor Investment Corp. has suspended investor redemptions from its $10 billion BVI Global unit until March 31st, giving the company time to split the fund into two. BVI Global was hit by a […]
Redemptions Halted by one of the Worlds Largest Hedge Funds
West Palm Beach (HedgeCo.net) – One of the world’s largest hedge funds has temporarily halted redemptions according to reports. Tudor Investment Corp’s flagship portfolio, has been reported to have halted redemptions so they can segregate difficult-to-sell assets in the fund […]
Icahn Ups His Stake in Yahoo, Stocks Rally
New York (HedgeCo.Net) – Activist investor Carl Icahn purchased another 6.8 million shares of Yahoo stock last week at a price tag of about $67 million, further boosting his already vast stake in the company to almost 5.5 percent. According […]