Category Archives: HedgeCo News
Trump Jr. To Launch Hedge Fund
New York (HedgeCo.Net) – Donald Trump Jr. has plans to set up a $1 billion hedge fund that will amass property in India and capitalize on the nation’s economic growth, according to a report published on Bloomberg.com. "The fund will […]
Yahoo Shareholder Proposes Board Compromise
New York (HedgeCo.Net) – Hedge Funder Eric Jackson of Ironfire Capital will call on Yahoo Inc. to accept a board of directors mixed with members both proposed by the company and from a dissident slate backed by billionaire investor Carl […]
Goldman May Take Heat for Bayou Hedge Fund Fraud
New York (HedgeCo.Net) – Disdained investors of the former Bayou hedge fund, run by one-time fugitive Sam Israel, are going after Goldman Sachs for $20 million to try and recover some of their losses. Goldman Sachs served as the prime […]
Canada’s Sceptre Hires NY Hedge Fund Manger FGG
West Palm Beach (HedgeCo.Net) New York-based Fairfield Greenwich Group ("FGG"), a $16.6 billion global hedge fund and fund of hedge funds management firm has formed a cooperative venture with Sceptre Investment Counsel Limited, one of Canada’s leading independent money management […]
Hedge Fund Used As Case Study At Stanford
West Palm Beach (HedgeCo.net)- Stanford University’s Graduate School of Business is using a hedge fund, GlobeOp Financial Services, in a business model case study developed for classroom. The case study, ‘GlobeOp: Enabling Hedge Funds, 2000-2003,’ emphasizes how vital a robust […]
Swiss Bank Picks Up On Electronic Trading Used By Hedge Funds
West Palm Beach (HedgeCo.net)- A Swiss Bank has picked up on a hedge fund platform, Orc Trading, to replace key technology for its electronic trading operations. The order was booked in Q1 2008. "We have thoroughly evaluated several trading systems […]
Worlds Largest Hedge Fund Manager BGI Opens Dubai Office
West Palm Beach (HedgeCo.net)- Barclays Global Investors (BGI) has opened an office in the United Arab Emirates’ Dubai International Finance Centre. BGI has been active in the region since 1998 and currently has assets under management of US$ 28 billion […]
Hedge Fund Manager Pali Hires M&A Veteran In Expansion
West Palm Beach (HedgeCo.net)- Hedge fund manager Pali Capital has hired M&A veteran Randal V. Stephenson as a Senior Managing Director and Head of its new Corporate Advisory Group. "Pali is in the midst of a major, global expansion,” said […]
HK Subprime Investments Cause Local Concern
West Palm Beach (HedgeCo.net)- The Hang Seng Index posted its biggest single-day loss in a month, as investors fretted about the recurring subprime credit crisis in the United States and its impact on regional banks and other financials. "It’s a […]
DanFonds Launches Frontier Hedge Funds
West Palm Beach (HedgeCo.net)- A Copenhagen based Cayman fund, DanFonds, is trying a novel approach to the market for hedge funds by launching the ‘Frontier Markets Fund’, a hybrid between the public market hedge fund approach and the private equity […]
Government Rescue Plan Boost Fannie and Freddie Shares
New York (HedgeCo.Net) – Mortgage lenders Fannie Mae and Freddie Mac may get some help from the Fed in hopes of staving off a market implosion following a crippling credit crunch and a period of great stress in the financial […]