Category Archives: HedgeCo News
Hedge Funds Weary to Invest in Freddie, Fannie: Government Bailout May be Inevitable
New York (HedgeCo.Net) – While the U.S. Treasury has done all it can to stave off rumors of a government bailout of Fannie Mae and Freddie Mac , some say the inevitable rescue is bound to take place after attempts […]
Hedge Fund Platform Launch By Luxemborg Fund
West Palm Beach (HedgeCo.net) – AA platform for asset managers and advisers to create SICAV SIF funds in Luxembourg has been launched by KMG SICAV SIF. The platform caters to all asset classes, including hedge funds. There are no restrictions […]
Harbinger Hedge Fund Picks Next Battle
New York (HedgeCo.Net) – Harbinger Capital Partners is no stranger to aggressively seeking strategic changes within companies in which they invest. This month, it’s Harbinger vs. Cleveland-Cliffs Inc. The mining company is urging shareholders to reject a bid by the […]
Ore Hill Hedge Fund Halts Redemptions
New York (HedgeCo.Net) – New York-based Ore Hill has suspended investor redemptions after hefty withdraws set off an “automatic gate.” The $1.2 billion Ore Hill International Portfolio, which is partially owned by hedge fund giant Man Group Plc, was frozen […]
Hedge Fund RAB Consdiers Buying Back Shares
New York (HedgeCo.Net) – RAB Special Situations hedge fund is contemplating a share buyback, after getting burned by the nationalization of Northern Rock and the plummeting of share values that followed. The fund said it may repurchase the shares and […]
Harbinger Hedge Fund Looking to Shake Up Another Board
New York (HedgeCo.Net) – Harbinger Capital has taken an 8 percent stake in Cablevision Systems Corp., according to a regulatory filing done yesterday with the Securities and Exchange Commission. The activist hedge fund now owns nearly 19 million shares of […]
Investment Outsourcing for the Hedge Fund World
West Palm Beach (HedgeCo.net) – The growth of investment research outsourcing (IRO) was initially driven by economics. Sell-side Banks no longer had revenue streams to support the free distribution of research and therefore looked for a cheaper way. The answer […]
Software Stake Bought by Hedge Fund Firm
West Palm Beach (HedgeCo.net) – Elliott Associates, a New York hedge fund firm, has bought a 9.9% stake in Epicor Software Corp. and is inquiring about possible strategic alternatives for the company, Markets Media Online reports. In a filing made […]
Andor Hedge Fund to Liquidate
New York (HedgeCo.Net) – Greenwich-based Andor Capital Management will liquidate its $2 billion hedge fund after posting losses due to unfavorable market conditions, following in the footsteps of many failed hedge funds this year. Co-founder Daniel Benton announced the […]
Hedge Fund SageCrest Files For Bankruptcy
West Palm Beach (HedgeCo.net) – In an effort to head off a forced asset sale, Windmill Management’s SageCrest Finance and SageCrest II filed for Chapter 11 bankruptcy after its assets fell sharply. The hedge fund filed at U.S. Bankruptcy Court […]
Asia Stocks Edge Higher as China Approaches Policy Change
West Palm Beach (HedgeCo.net) – In a Reuters release today, it is reported that Asian stock markets edged higher, rebounding from a two-year low. Chinese shares surged on hopes for policies from Beijing to jumpstart growth, though many analysts said […]
Reuven Enterprises President & CEO Ron Reuven Starts Uniquely Informative and Often Contrarion Personal Blog
August 2008 – Reuven Enterprises is proud to announce the launch of ourCEO’s BLOG. The goal of this blog is to let investors worldwide have Mr.Ron Reuven’s first hand insight on the issues that face the financialmarkets today without the […]