Category Archives: HedgeCo News
OTC Hires European Hedge Fund Manager
West Palm Beach (HedgeCo.net) – OTC Valuations Limited, provider of independent derivatives valuation and risk reports for illiquid and hard-to-value securities, structured products, and exotic derivatives, has strengthened its team with the appointment of Dr. Paul Bergbusch to lead the organization’s […]
Hedge Fund Brotman Capital Shows Top Performance
West Palm Beach (HedgeCo.net) – Brotman Capital Partners LP, based in Boca Raton, Florida, has turned in the best performance Year to Date of a Market/Trend Timing Hedge Fund according to Barclays Hedge Fund Database. Through October, 2008 the Fund […]
CNBC Arabiya Re-Launches With New Hedge Fund Programming Included
West Palm Beach (HedgeCo.net) – CNBC Arabiya is dedicating programming to arenas such as women in business, the environment, hedge funds and private equity, as the station moves to a more creative and interactive program schedule. "We are experiencing an era […]
Obama Addresses Economy, Will Confront Problems “Head-On”
New York (HedgeCo.Net) – In his first press conference since winning the presidential election, Barack Obama discussed ways to tackle the economic crisis while describing the “enormity of the task that lies ahead.” In the wake of what looks to […]
Salus Alpha offers a fund based on hedge fund index to investors
West Palm Beach (HedgeCo.net) – Because of investors’ demand Salus Alpha decided to make the Salus Alpha Directional Market accessible as a fund. This way Salus Alpha continues to launch tracker funds for all hedge fund indices launched by Alternative-Index […]
Blue Mountain Hedge Fund Latest to Freeze Redemptions
New York (HedgeCo.Net) – Following in the footsteps of other large hedge funds trying to weather the credit crunch, Blue Mountain Capital Management has suspended withdraws on its $3.1 billion fund. The Blue Mountain Credit Alternatives Fund lost a little […]
Former UBS Exec Sentenced in Manhattan
New York (HedgeCo.Net) – A former UBS AG executive has been sentenced to 6-1/2 years in prison after pleading guilty to selling private information about the bank’s stock recommendations. Mitchel Guttenberg, a former manager in UBS’ equity research department, was […]
Polygon Concedes to British Energy, Winds Down Flagship Hedge Fund
West Palm Beach (HedgeCo.net) – Alternative investor, Polygon Investment Partners LLP has agreed not to further oppose the restructuring of the company by British Energy and other shareholders, in exchange the shareholders and British Energy have agreed to stop all […]
Hedge Fund Pentwater Suspends Redemptions
West Palm Beach (HedgeCo.net) – In a letter to investors, Hedge Fund manager Pentwater Capital announced that due to a number of unexpected redemption notices for year-end they have suspended redemptions and withdrawals, effective immediately. "The entire hedge fund industry […]
Halbis Hedge Fund Stocking Up Again
New York (HedgeCo.Net) – Halbis Capital Management of HSBC is upping the exposure in their European Alpha hedge fund thanks to cheap stock prices. Bill Maldonado, head of alternative investments, believes it is finally the right time to buy. "Lots […]