Category Archives: HedgeCo News
Partner Files Hedge Fund Management Complaint
West Palm Beach (HedgeCo.net) – The Manager of the K Squared Funds, a New York-based group of hedge funds, was named as a defendant in a lawsuit filed by his ex-partner. The suit brings claims for fraud, breach of contract, […]
FRM Seeds Asset-Based Lending Hedge Fund
New York (HedgeCo.Net) – Victory Park Capital, a Chicago-based hedge fund, has received a vote of confidence from FRM Capital Advisors in the form of a major investment. Victory Park Capital plans on expanding their asset-based lending fund in hopes […]
Former Long-Term Capital Employee Shys Away from Leverage, Starts Own Fund
New York (HedgeCo.Net) – David Ko, a former quantum physicist and Long-Term Capital Management employee, has set up his own hedge fund according to a report by the Wall Street Journal. Kurtosis Capital Partners will employ a global macro strategy […]
Castle Hall Hires Kosta Segounis
West Palm Beach (HedgeCo.net) – Castle Hall Alternatives, a provider of hedge fund operational due diligence, has hired Kosta Segounis as Senior Manager, he will supervise a team of analysts responsible for operational due diligence on numerous hedge funds. "I […]
GM Increases Loan to Delphi by $300 million
New York (HedgeCo.Net) – While Delphi continues its quest to secure the capital needed to exit bankruptcy, GM has announced they will increase their loan to the auto parts maker to $950 million. The extra $300 million will help Delphi […]
Merrill, Citigroup to Buy Back $30 Billion in ARS
New York (HedgeCo.Net) – Merrill Lynch and Citigroup, two banks that have already written down billions in losses, will buy back $30 billion in auction-rate securities as part of an agreement with regulators. This comes after the threat made by […]
NFL Owners Could Put up a Steel Curtain to Hedge Fund
New York (HedgeCo.Net) – Mention the Pittsburgh Steelers and there are certain things that may come to mind. Five Superbowl rings, their dominance in the 70’s, or maybe even greats like Lynn Swan and Terry Bradshaw. But what always comes […]
Sector SPDR Growth
West Palm Beach (HedgeCo.net) – In an interview with Dan Dolan of Select Sector SPDRs on how the economic crunch is affecting trading rhythms, Dolan presented a broad overview of sector SPDRs and how more hedge funds and institutional investors […]
Hedge Funds Capitalizing on Beaten Down Mortgage Market
New York (HedgeCo.Net) – Foreclosed properties present an opportunity, to some, of finding an otherwise unattainable home at a deeply discounted rate. For hedge funds, foreclosures could mean massive returns in the near future. That’s why dozens of hedge funds […]
Baer Capital Taps into India, Launches New Hedge Fund
New York (HedgeCo.Net) – Baer Capital has announced the launch of their new fund that invests in Indian equities, distressed debt and derivatives, further propelling Dubai’s prominence in the hedge fund industry. The Beacon India Alpha Equity Fund is the […]
ARE Opportunity Fund Launch
West Palm Beach (HedgeCo.net) – Lee Hetfield has joined ARE Asset Management LLC, a distressed credit and distressed real estate asset management company in Florida, as Portfolio Manager. Hetfield reports that as of May 30, 2008, ARE Asset Management launched […]
Citigroup to Close Another Hedge Fund
New York (HedgeCo.Net) – Citigroup Inc. will close its $400 million Tribeca Convertible hedge fund in what will help wind down the $2 billion Tribeca Global Investments Group, according to a report published on Bloomberg.com. The closing of the fund […]